Tools · Tax
Is your holding company exempt?
Enter the stake held, the holding period, the subsidiary's country and the ultimate shareholder: the simulator checks the three conditions of article 20 of Llei 95/2010 and works out the Andorran tax avoided.
Dividend received by the holding company
Exempt from corporate tax
Net kept by the holding company: €100,000
- Gross dividend
- €100,000
- Withholding tax (subsidiary's country)
- €0
- Andorran corporate income tax (10%)
- €0
- Tax avoided thanks to the exemption
- €10,000
- Holding percentage20% held for a minimum of 5%.
- Holding period18 months for a minimum of 12 months before the dividend due date.
- Tax borne by the subsidiaryCountry linked to Andorra by a treaty: condition deemed met.
When redistributed to an Andorran resident, the dividend of a resident entity subject to corporate income tax is exempt from IRPF (art. 5 j Llei 5/2014), subject to genuine residence.
Indicative estimate, not legal or tax advice. Values taken from official texts, last verified on 14/10/2026.
How it works
- Three cumulative conditions are tested: percentage held, uninterrupted holding period and tax borne by the subsidiary.
- If they are met, the dividend is exempt from corporate tax; otherwise it is taxed at the general rate.
- The withholding tax of the subsidiary's country is deducted before the calculation.
- A message indicates what changes depending on the residence of the ultimate shareholder.
Assumptions and limits
- The exclusions (Andorran real estate, dividends deductible by the payer, non-deductible expenses) are not all modelled.
- The French tax of a French tax resident is not calculated: it depends on anti-abuse rules and on the facts.
- This is not tax advice: the burden of proving the conditions lies with the taxpayer.
Frequently asked questions
Which conditions must be met?
A minimum holding, an uninterrupted period before the dividend falls due and sufficient tax borne by the subsidiary. The dated values are shown in the simulator.
Does the result apply to a French resident?
No. It only measures Andorran corporate tax. A French tax resident remains subject to French law.