- May 8, 2025
- Posted by: andorrasolutions
- Categories: Convenio doble imposición, Double tax treaty
Andorra and the United Kingdom sign a double taxation agreement in February 2025. Noëlia Souquet, the Secretary of State for International Financial Affairs, was responsible for formalising Andorra’s signature of the agreement. Negotiation of the DTC began at the start of the legislature. This act took place within the framework of a bilateral meeting with the British Secretary of State for Finance, James Murray.
This DTA, an agreement between the Principality of Andorra and the United Kingdom of Great Britain and Northern Ireland to eliminate double taxation on income and wealth taxes and to prevent tax evasion and avoidance, is of particular importance for the Principality of Andorra, given the potential volume of business represented by the United Kingdom and the importance of this country on a global level.
With this new double taxation agreement sign by Andorra with the United Kingdom, the Principality of Andorra has now signed 21 DTAs with other countries such as France, Spain, Portugal, Luxembourg, Liechtenstein, Malta, Cyprus, the United Arab Emirates, San Marino and Hungary, among others.
Andorra is currently in negotiations with the governments of Germany and Austria to sign a DTA in the near future.
The General Council of the Principality of Andorra reported on 30 April 2025 the proposal for approval of the ratification of the Andorra-UK DTA, with a deadline of 22 May 2025 for the submission of the proposal.
Sources of information on the DTA between the Principality of Andorra and the United Kingdom: