Andorra enacted a Digital Assets Law in 2022, establishing a licensing framework under AFA. The principality has favorable tax rates and seeks to attract crypto businesses.
| Status | Legal |
| Risk Score | 30/100 (Moderate Risk) |
| Region | europe |
| Currency | EUR |
| Capital Gains (Personal) | 10% on crypto gains (general maximum personal income tax rate) |
| Capital Gains (Corporate) | 10% corporate tax |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
Andorra has low tax rates with a maximum 10% personal income tax and 10% corporate tax, making it attractive for crypto investors.
| Required | Yes |
| Regulator | AFA |
| Framework | Law on Digital Assets (2022) |
| Ease | medium |
| Cost (USD) | $30,000 - $150,000 |
AFA oversees crypto licensing under the 2022 Digital Assets Law. Andorra is a small jurisdiction with limited capacity but attractive tax rates.
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | compliant |
| FATF Body | MONEYVAL |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No specific DeFi regulation
Status: no_rules
No specific stablecoin framework
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.14/kWh |
| Renewable Energy | 30% |
| Infrastructure | good |
Mining is legal with moderate electricity costs and a decent renewable energy mix. Infrastructure supports mining operations adequately.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 70/100 |
| Banking Access | open |
Andorra is politically stable with no international sanctions. It has a relatively clean governance environment and good ease of doing business, supporting crypto activities.
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Explore IT Services →Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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