Andorra cryptocurrency tax guide

What this guide covers

This guide summarizes Andorra's individual crypto tax rules for 2025 under Law 24/2022. govern.ad itself wasn't directly fetched. This is educational information, not individualized tax advice.

Tax treatment of cryptocurrency

Andorra taxes individual crypto gains as personal income, capped at 10% — the lowest ceiling of any country with a confirmed general rate in this knowledge base. Law 24/2022 clarifies how capital gains on digital currencies are calculated for Andorran tax purposes, exempts mining from the IGI general indirect tax under certain conditions, sets fees for crypto transactors, and reportedly sets a EUR 1,000 fixed tax for registered digital-asset service providers (this last detail comes from one source's translation and isn't independently confirmed). Gains from digital currencies fall under personal income tax for most individual traders, with a maximum rate of 10% for residents — the same ceiling that applies to Andorra's general personal income tax. Secondary sources conflict on a reported EUR 3,000 exemption: one describes it as applying to the first EUR 3,000 of net crypto profit specifically, another describes it as a broader EUR 3,000 annual exemption on total savings income (of which crypto gains would be one component) rather than a crypto-specific carve-out. This guide doesn't treat either framing as independently confirmed against the law's text.

Common taxable events

• Selling crypto for a gain as an individual trader — taxed at up to 10%.
• Crypto-to-crypto swaps (e.g., BTC to ETH) — reported as taxable transactions under Andorran rules.

Potentially non-taxable events

• Net annual profit up to a reported EUR 3,000 threshold — reported as exempt by one source, though this guide doesn't treat the figure as independently confirmed.
• Mining — exempt from the IGI general indirect tax under certain conditions, per Law 24/2022.
• Simply buying and holding crypto isn't a taxable event.

Tax rates and thresholds

Up to 10%, Andorra's maximum personal income tax rate for residents, applies to crypto gains. This guide doesn't independently confirm the reported EUR 3,000 exemption threshold against the law's text.

Cost basis and calculation

One source reports there's no obligation to use the FIFO method for calculating gains, giving taxpayers some flexibility — this guide doesn't independently confirm this against Law 24/2022's text.

Reporting and compliance

• Crypto gains are reported as declarable as part of the individual's annual personal income tax return.
• Andorra has reportedly signed the OECD's Crypto-Asset Reporting Framework, with automatic information exchange expected from 2027 — this guide doesn't independently confirm this against an official source.

Residency and cross-border issues

Andorran tax residency generally governs whether worldwide crypto gains fall within this regime; this guide doesn't cover non-resident rules in depth.

Example

This example is hypothetical, for illustration only. Marc sells crypto for a EUR 5,000 gain as an individual trader. Taxed at Andorra's maximum 10% personal income tax rate, this would amount to EUR 500 — though if the reported EUR 3,000 exemption applies, only the portion above that threshold might be taxable. This guide doesn't resolve the exact mechanics of that exemption.

Official resources

• Govern d'Andorra: https://www.govern.ad/

Limitations and review information

Tax year covered: 2025. Last verified: October 28, 2026 (citation-integrity pass; replaced a vague citation with the real Bloomberg Tax URL, which surfaced a gazette-date conflict and an exemption-scope ambiguity now disclosed above instead of silently picked). Known gap: govern.ad wasn't directly fetched, and Law 24/2022's full text wasn't independently re-read; the reported EUR 3,000 exemption and FIFO-optionality claims each rest on a single secondary source. This is educational information only, not individualized tax advice — confirm current specifics directly with Andorran tax authorities or a qualified local adviser.