Andorra vs Mexico
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¦π© Andorra β Parish Taxes & Local Levies
Andorra's 7 parishes (parrΓ²quies) levy communal taxes including building and land taxes, commercial licence fees, and local service charges. Andorra only introduced a personal income tax (IRPF) in 2015 and corporate tax (IS) in 2012. This micro-state in the Pyrenees between France and Spain remains a significant tax haven due to very low VAT and no inheritance or capital gains tax. It has an Association Agreement with the EU.
π²π½ Mexico β State & Municipal Taxes
Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre NΓ³mina) at 1%β4% (employer-paid). Municipal property tax (predial) rates vary significantly. Some states have lodging and entertainment levies. The Maquila sector benefits from special IMMEX programs. Nearshoring boom is driving new investment.
Andorra vs Mexico: Key Tax Differences (2026)
π° Income Tax: π²π½ Mexico has a higher top income tax rate (0β10% vs 1.92β35%). π¦π© Andorra is more favourable for high earners.
π VAT/Sales Tax: Mexico has a higher consumption tax (4.5% vs 0β16%).
π’ Corporate Tax: π¦π© Andorra offers a lower corporate rate (10% vs 30%), which can influence business location decisions.
π Capital Gains: π¦π© Andorra taxes investment gains at a lower rate (0% vs 35%), benefiting investors.