Select Page

Andorra Company Formation

   

Andorra

Type of Entity: Limited Liability Company (S.L.) Public limited company (S.A.)
Type of law: The Corporation Act 1983 The Corporation Act 1983
Shelf company availability: No No
Incorporation time frame: 4 weeks 4 weeks
Minimum Government fees: EUR 230 EUR 350
Regular Corporate Income Tax: 10% 10%
Double Tax Treaty access: Yes Yes
Minimum issued share capital EUR 3,000 EUR 60,000
Minimum paid up share capital on incorporation: 100% EUR 30,000
Minimum number of Shareholders required: Two Two
Bearer Shares Not permitted Not permitted
Nominee Shareholders Permitted Yes Yes
Minimum number of directors One One
Corporate directors permitted Yes Yes
Local directors required Yes Yes
Local meeting required Yes Yes
Company secretary required No No
General Meetings of Shareholders Yes (at least once a year) Yes (at least once a year)
Local Registered office required Yes (it is a mandatory) Yes (it is a mandatory)
Exchange Control: Not existing Not existing
Disclosure of beneficial owner to Company Registrar Yes (the natural person or persons who ultimately own or control the Yes, (the natural person or persons who ultimately own or control the
Registrar Yes (the natural person or persons who ultimately own or control the company subject to registration in the trade register by the direct or indirect exercise of ownership over a sufficient percentage of the number of shares or voting rights or by participation in the company’s equity respectively) Yes, (the natural person or persons who ultimately own or control the company subject to registration in the trade register by the direct or indirect exercise of ownership over a sufficient percentage of the number of shares or voting rights or by participation in the company’s equity respectively)
Government register of directors Yes (in the Companies Registry of Andorra) Yes (in the Companies Registry of Andorra)
Annual return Yes Yes
Submission of accounts Yes (at the end of each financial year Yes (at the end of each financial year)
Audit No Yes
Change of domicile permited Yes Yes

We do our best to monitor the compliance of this jurisdiction with the latest international regulations set by OECD and other international institutions and countries.

At any moment, Damalion may decline any customer demand about this jurisdiction, at its sole discretion and without any obligation to provide any reason.

7 + 10 =