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Andorra Tax Information

4.5% IGI

IGI (VAT) is 4.5% standard, 1% for specific items. Lowest VAT in Europe. Source: Andorran Tax Department.

Financial Advisor Services to Invoice

  • Financial planning
  • Investment advisory
  • Retirement planning
  • Tax planning
  • Estate planning
  • Insurance review
  • Wealth management

Invoice Requirements in Andorra

NRT number
Business address
Client details
Invoice number
IGI breakdown
Total in EUR

Payment Terms

Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

Efectiu15 dies30 diesVenciment

Payment Methods in Andorra

Bank TransferCredit CardCash

Financial Advisor Invoice Tips

  • Include advisor registration
  • Reference advisory agreement
  • Note AUM if applicable
  • Document planning deliverables
  • Meet compliance requirements

Frequently Asked Questions

What tax rate applies to financial advisor invoices in Andorra?

Andorra has 4.5% IGI. IGI (VAT) is 4.5% standard, 1% for specific items. Lowest VAT in Europe. Source: Andorran Tax Department.

What payment methods are common for financial advisors in Andorra?

Common payment methods in Andorra include: Bank Transfer, Credit Card, Cash. Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

What should financial advisor invoices include in Andorra?

Your invoice should include: NRT number, Business address, Client details, Invoice number. For financial advisor services specifically, also include: Financial planning, Investment advisory, Retirement planning.

How should financial advisors structure fees?

AUM percentage (0.5-1.5%), flat retainer, hourly, or project-based. Disclose fee structure clearly.

What compliance info should be on invoices?

Advisor registration (CFP, RIA), firm info, and fee disclosure language as required.

What IGI rates apply?

Andorra has 4.5% standard IGI (indirect tax), 1% for essentials, and special rates for specific services. Lowest rates in Europe.