EU tax haven blacklist: Andorra still not listed in October 2026

EU blacklist at 9 October 2026: 8 jurisdictions, Panama and Viet Nam removed

On 9 October 2026, the European Union’s finance ministers adopted the latest revision of the European list of non-cooperative jurisdictions for tax purposes. Revised twice a year, this list is based on criteria of tax transparency, fair taxation and implementation of the international standards against tax base erosion (the OECD’s “BEPS” standards).

The October revision changes Annex I on two points: Panama and Viet Nam leave it for Annex II, pending an in-depth review of their exchange of information by the OECD Global Forum. In Annex II, Belize is removed. No jurisdiction has been added.

Source: European Commission, news item of 9 October 2026.

Is Andorra on a list of tax havens?

No. At 11 October 2026, Andorra appears neither on the European list nor on the French list of non-cooperative jurisdictions, and the OECD Global Forum rates it “largely compliant”.

Why Andorra is not on them

The main reason is transparency: Andorra applies the international standards on automatic exchange of information.

Its taxation remains low, with personal income tax and corporate income tax of 10% at most, but it is written down, published and accompanied by exchanges of information with other administrations. It is this combination that our guide to the Andorran tax system describes.

Tax blacklist, grey list, anti-money laundering list: not to be confused

Several lists are often confused under the name “blacklist”. Two concern taxation: the EU list, with its Annex I, the “blacklist”, and its Annex II, often called the “grey list”, then the French ETNC list. A third, also European, concerns the fight against money laundering and terrorist financing. At 11 October 2026, Andorra is on none of them.

Sources: European Commission (revision of 9 October 2026; anti-money laundering list updated on 9 January 2026) and ministerial order of 15 April 2026.

The anti-money laundering list is set by a Commission delegated regulation (Regulation 2016/1675, amended several times). It takes account of the work of the Financial Action Task Force (FATF), which also identifies jurisdictions with strategic deficiencies. It requires banks and other obliged entities to carry out enhanced checks on business relationships and transactions linked to these countries. Monaco has been on it since 5 August 2025, although it does not appear on the EU tax list: the two lists do not meet the same criteria. What these lists say, and do not say, about Andorra is set out in our guide on Andorra and the tax haven lists.

What this changes for you

In practice, nothing new: the revision of 9 October 2026 confirms a situation that has been stable since the end of 2018.

• If you move to Andorra, this absence from the lists has no effect on your Andorran tax. Above all, it means that the defensive measures that states apply to listed jurisdictions do not target Andorra.
• If you remain tax resident in France with accounts or a company in Andorra, automatic exchange informs the French tax authorities, and French law keeps its own anti-abuse rules, which do not depend on these lists. Have your situation reviewed by a professional.
• If you leave France, your taxation depends on other criteria: French tax domicile within the meaning of Article 4 B of the French General Tax Code and the France⁠–⁠Andorra tax treaty. See our guide to tax residency.

Next revision of the list: what to watch

The European list is revised twice a year, the French list by ministerial order, and the anti-money laundering list by Commission delegated regulation: a change is always possible, in either direction. One issue in particular is worth following: Andorra has not yet joined the OECD framework for the exchange of information on crypto-assets (CARF), which it has undertaken to join if the OECD identifies it as a relevant jurisdiction. Each revision of the lists is checked against the official documents before being reported here.