Can business in Andorra change it’s legal entity type?

Indeed, a business located in Andorra has the ability to alter its legal entity type. This process requires a series of steps, such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the previous entity, and informing all stakeholders. The specific procedures may differ based on the existing and desired business structures and regulations. It is essential to seek guidance from professionals and guarantee that all steps are executed accurately to prevent severe legal and financial consequences.