Calculate your net salary:
If you had an annual gross salary of
in Andorra, it would translate into a net salary of
yearly
or
monthly
which include a deduction of
502.63
€ per month for Social Security and
annually in IRPF.
| Annual Gross Salary | Annual Net Salary | Monthly Net Salary | Annual Taxes (IRPF / IS) | Social Security | Effective Taxes |
|---|---|---|---|---|---|
What taxes would a freelancer have in Andorra
IRPF - Income Tax
In Andorra, the IRPF only has three brackets:
| Brackets | IRPF |
|---|---|
| Up to 24000 € | 0% |
| 24000 € 40000 € | 5% |
| De 40000 € onwards | 10% |
Corporate Tax
In Andorra, the Corporate Tax (IS) is 10%. It is important to highlight two things:
- The net salary paid by a company to an employee does not apply to the IS since it represents an expense and not a profit for the company. This salary would be subject to the rules of personal income tax (IRPF) explained earlier, and this also includes companies with only one worker.
- Dividends paid from a business owner to themselves are taxed at 0%, so if a business owner decides not to pay themselves a salary and instead pays themselves through dividends, only the 10% IS would apply.
Social Security
The contribution for a self-employed individual (self-employed professional) in Andorra is fixed with a monthly payment of 502.63 €.
Each Case is Unique
There can be many small variations depending on the number of employees in the company, the sector of work, university degree, country of origin of the clients, so to give you the exact figures for your case, do not hesitate to contact us and we will help you understand your best scenario.