Register Branch office in Andorra
The countries of Europe are a good starting point for successful business development. The prospects for doing business in European countries allow not only to get good profits but also to live in decent conditions. In fact, the beginners and experienced businessmen are interested in opening a branch of their company in Andorra.
Setup a branch office
Choosing the right legal form is a responsible task and requires a lot of knowledge and experience about each type of legal entity. Our team of experts has a lot of experience in this field and helps with legal services on a daily basis.
Conditions and resposibilities
If the parent company is incorporated in Andorra: opening a branch simply requires notification from the Ministry of Economy. If the head office is registered in another country, the applicant must submit an application on behalf of the parent company for permission to start a business in Andorra.
1st
The branch cannot be declared bankrupt, and the parent company is fully responsible for all of its actions.
2nd
The branch manager must be issued a power of attorney from the parent company to act on behalf of the parent company.
3rd
The branch is not a separate legal entity from the parent company and its results are immediately accepted by the head office, which is responsible for complying with all legal and tax obligations.
Branch office solutions
The services of lawyers of corporate law are necessary for each business. The registration of a legal entity in the country where the company was founded is an easy process. However, entering new markets, registering a company in a foreign jurisdiction is much harder. You need to deal with all new regulatory acts, the correct calculation of taxes, and the use of legal methods of deduction from the tax base is within the power of only experts practicing in the field of private international law and international tax structuring.
Register Branch office
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