All you need to know about Andorra's low inheritance taxes

Did you know that in Andorra, the transfer of assets is made much easier? The Principality has set up a highly advantageous tax framework for inheritance tax. Gestoria specializes in tax optimization, And Capital can help you understand Andorran legislation and assist you with all your inheritance needs.

Understanding inheritance tax in Andorra

Andorran inheritance law is governed by Law 46/2014 of December 18, 2014. This provides a framework for the transmission of a deceased person's estate and covers various aspects:

• General provisions (opening of the estate, order of succession, unworthiness and incapacity to inherit, etc.).
• Inheritance (inheritance reserves, legacies, heirs in trust)
• Inheritance management (liquidation, payment of debts, division of assets)
• Specific provisions (matrimonial property regimes, international successions, etc.)

In Andorra, direct descendants are the natural heirs. However, the deceased may distribute his estate by will, reserving a minimum of 25% for his children. If there are no surviving heirs, the spouse and ascendants have priority.

Simplified inheritance procedures

For a successful inheritance in Andorra, follow these steps:

1. Determining heirs (via will or legal order)
2. Accept or renounce the estate (by notarial deed)
3. Liquidation of the estate (payment of debts, division of assets, tax declaration)
4. Carry out administrative formalities (death certificate, deed of notoriety)

Specific procedures apply in the case of real estate or international successionThe new system is based on agreements between countries.

Gentle inheritance taxation

Unlike many countries, Andorra has opted for a particularly lenient inheritance tax regime:

• No tax on gifts between residents
• No inheritance tax or capital gains tax on transfers "per causa de mort".

Andorra offers a privileged tax environment for passing on your assets without fear of excessive taxation.

- The And Capital team

Benefit from customized support

At And CapitalWe're here to help you optimize the transfer of your assets to Andorra. Our experts will advise you on the best tax benefits and support you in all your administrative and legal procedures.

Whether you're considering a company formationa passive house or a retirement in AndorraWe'll study your situation and propose the most appropriate solutions to secure the future of your loved ones.

Benefit from the expertise ofAnd Capital to make the most of Andorran inheritance law. Contact us now for personalized support!