Legal entity types in Andorra compared
Our team is dedicated to helping entrepreneurs like yourself navigate the complexities of Andorra’s business formations. Our range of services ensures that you can select the best structure for your business while adhering to all legal obligations. Let’s delve into the different business formations in Andorra and discuss how we can support you in establishing your business in this thriving European country.
Legal entities in Andorra
Here is a summary of the most common legal structures accessible in Andorra:
| Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
|---|---|---|---|---|
| Limited Liability company | Societat Limitada | € 3000 | Directors | 12 days |
| Public Limited Company | Societat Anònima | € 60000 | Board of directors | 18 days |
| Branch Office | – | – | Branch manager | 15 days |
| Holding Company | – | – | Board of directors | 10 days |
Limited Liability company (Societat Limitada)
The Limited Liability company is a favored option for businesses in Andorra. Its simple registration process and limit of five shareholders make it a perfect option for small and medium-sized businesses. We are ready to assist you in establishing this innovative form of LLC in Andorra.
Public Limited Company (Societat Anònima)
Larger companies in Andorra often opt for the Public Limited Company. Requiring a minimum capital of €60,000, this option allows for easier partnership access and offers strong creditor protection. Our team is available to help with the registration of your Public Limited Company in Andorra.
Branch Office
A branch office functions as an extension of the main company, enabling it to operate in a different location while maintaining its original legal status. Choosing to establish a branch office in Andorra can benefit businesses seeking to grow in the country without forming a distinct legal entity. By operating as a branch, the main company can take advantage of its established brand image and resources while accessing new markets. We provide complete assistance in navigating the complexities of establishing and running a branch office in Andorra, guaranteeing a seamless and compliant entry into the market.
Holding Company
A holding company in Andorra is commonly used to control other companies by owning their shares. Establishing a holding company in Andorra can provide advantages like centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and improve tax planning. Our team of experts offers personalized support to assist you in setting up and running a holding company in Andorra, guaranteeing adherence to regulations and maximizing your corporate structure’s potential.
Requirements for starting the business
Come with us as we delve into the necessary prerequisites for establishing any form of business entity in Andorra, and discover how our committed team supports you throughout the entire process.
Minimum share capital
Andorra requires a minimum amount of share capital depending on the business structure chosen. Our experts will help you calculate the required minimum share capital for setting up your business, regardless of the type of corporation. We will collaborate closely with you to ensure adherence to regulations and maximize your financial resources.
Directors and shareholders
In Andorra, it is necessary for every business to have directors and shareholders. Our experts can provide valuable guidance in selecting appropriate directors to ensure that the company benefits from their expertise and aligns with your goals for the future.
Legal duties and obedience
It is essential to stay current with obligations such as registration, reporting, and tax requirements. Our legal team manages these administrative tasks to keep the business in full compliance, allowing you to concentrate on your main operations.
Book a consultation
The team invests time in comprehending your objectives, sector, and obstacles, allowing us to offer tailored assistance during the process of establishing a business. With our expertise and commitment to delivering excellent service, we assure a smooth and trouble-free path to creating a profitable company in Andorra. Don’t let the challenges of starting a business in Andorra hold you back from achieving success. Trust in us, and together, we will help your company reach its full potential. To get started on the path to success, reach out to us now. Simply complete and submit the inquiry form below and our experts will be in touch with you.