{"id":1074,"date":"2020-11-02T13:02:33","date_gmt":"2020-11-02T12:02:33","guid":{"rendered":"https:\/\/dev.setupandorra.com\/\/?page_id=1074"},"modified":"2026-08-31T10:47:51","modified_gmt":"2026-08-31T08:47:51","slug":"create-a-company","status":"publish","type":"page","link":"https:\/\/setupandorra.com\/en\/a-propos\/about-us13\/create-a-company\/","title":{"rendered":"Set Up a Company in Andorra: Costs, Steps &#038; Tax"},"content":{"rendered":"\n<div id=\"societe-lp\">\n<style>\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Playfair+Display:wght@500;600;700;800&family=Lato:wght@300;400;700;900&display=swap');\n\n\/* ===== Reset d\u00e9fensif + neutralisation Astra (scop\u00e9) ===== *\/\n#societe-lp, #societe-lp *, #societe-lp *::before, #societe-lp *::after { box-sizing: border-box; }\n#societe-lp { all: initial; }\n#societe-lp {\n  --orange: #FB5607;\n  --orange-dark: #D8480A;\n  --orange-soft: #FEEBE0;\n  --navy: #0E1B2B;\n  --navy-2: #15263B;\n  --navy-soft: #E8ECF1;\n  --bg: #FDFCFB;\n  --surface: #FFFFFF;\n  --surface-2: #F6F3EF;\n  --ink: #14202E;\n  --muted: #55636F;\n  --faint: #8A96A0;\n  --line: #E7E1D9;\n  --line-strong: #D6CEC3;\n  --gold: #B4841F;\n  --serif: \"Playfair Display\", Georgia, \"Times New Roman\", serif;\n  --sans: \"Lato\", -apple-system, BlinkMacSystemFont, \"Segoe UI\", Helvetica, Arial, sans-serif;\n  display: block;\n  background: var(--bg);\n  color: var(--ink);\n  font-family: var(--sans);\n  font-size: 17px;\n  line-height: 1.65;\n  font-weight: 400;\n  -webkit-font-smoothing: antialiased;\n  text-rendering: optimizeLegibility;\n}\n#societe-lp p, #societe-lp h1, #societe-lp h2, #societe-lp h3, #societe-lp h4,\n#societe-lp ul, #societe-lp ol, #societe-lp li, #societe-lp figure, #societe-lp dl,\n#societe-lp dd, #societe-lp table, #societe-lp blockquote { margin: 0; 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border-top: 1px solid var(--line); }\n  #societe-lp .grid-2 { grid-template-columns: 1fr; }\n  #societe-lp .steps { grid-template-columns: 1fr; }\n  #societe-lp .proof-band { grid-template-columns: 1fr; }\n  #societe-lp .proof-band .photo { min-height: 260px; aspect-ratio: 3 \/ 2; }\n  #societe-lp .proof__stats { grid-template-columns: 1fr 1fr; }\n  #societe-lp .panel { padding: 32px 26px; }\n  #societe-lp .cta-final { padding: 40px 26px; }\n  #societe-lp .section { margin-top: 56px; }\n}\n<\/style>\n\n<div class=\"lp-wrap\">\n\n  <!-- ============ 1. HERO ============ -->\n  <div class=\"hero\">\n    <div class=\"hero__inner\">\n      <div class=\"hero__text\">\n        <p class=\"eyebrow\">Setting up a company in Andorra<\/p>\n        <h1>Setting up a company in Andorra: the complete guide to the process, costs and taxation<\/h1>\n        <p class=\"hero__passage\">\n          <b>Setting up a company in Andorra<\/b> means registering a commercial entity, most often a <b>Societat Limitada (SL)<\/b>, with the Principality&#8217;s Companies Register. An Andorran company pays <b>corporate income tax capped at 10&nbsp;%<\/b>, applies <b>IGI at 4,5&nbsp;%<\/b> and requires <b>minimum share capital of 3&nbsp;000&nbsp;\u20ac<\/b> for an SL.\n        <\/p>\n        <p class=\"hero__lede\">This guide covers every real step, from choosing the legal form to opening the business bank account, with detailed costs and the honest conditions for benefiting from Andorran taxation.<\/p>\n        <div class=\"hero__cta\">\n          <a class=\"btn-pill\" href=\"https:\/\/setupandorra.com\/en\/contact\/\">Free consultation <span class=\"arw\">&rarr;<\/span><\/a>\n          <a class=\"btn-ghost\" href=\"#etapes\">See the 7 steps<\/a>\n        <\/div>\n      <\/div>\n      <div class=\"hero__media\">\n        <figure class=\"photo\">\n          <img fetchpriority=\"high\" decoding=\"async\" class=\"photo__img\" src=\"https:\/\/setupandorra.com\/wp-content\/uploads\/2026\/06\/andorre-crise-logement.webp\" alt=\"Andorra la Vella, capital of the Principality of Andorra\" loading=\"eager\" width=\"800\" height=\"1000\">\n          <figcaption class=\"photo__label\">Andorra la Vella, capital of the Principality<\/figcaption>\n        <\/figure>\n      <\/div>\n    <\/div>\n\n    <!-- ============ 2. BANDE DE CHIFFRES-CL\u00c9S ============ -->\n    <div class=\"kpi-band\">\n      <div class=\"kpi\">\n        <div class=\"kpi__num\">10&nbsp;%<\/div>\n        <div class=\"kpi__label\">Corporate income tax<\/div>\n        <div class=\"kpi__sub\">capped, versus 25&nbsp;% in France<\/div>\n      <\/div>\n      <div class=\"kpi\">\n        <div class=\"kpi__num\">3&nbsp;000&nbsp;\u20ac<\/div>\n        <div class=\"kpi__label\">Minimum capital for an SL<\/div>\n        <div class=\"kpi__sub\">locked, then reusable<\/div>\n      <\/div>\n      <div class=\"kpi\">\n        <div class=\"kpi__num\">3 to 6 months<\/div>\n        <div class=\"kpi__label\">Time to incorporate<\/div>\n        <div class=\"kpi__sub\">from name reservation to bank account<\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  <!-- ============ 3. POURQUOI ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">The essentials<\/p>\n      <h2>Why set up a company in Andorra<\/h2>\n      <p class=\"sec-lead\">The Principality attracts French-speaking business owners for a simple reason: a company keeps a far larger share of what it earns. Here is what actually changes compared with a French company.<\/p>\n    <\/div>\n    <div class=\"prose\">\n      <p>An Andorran company is taxed on its profits at a rate capped at <b>10&nbsp;%<\/b>. In France, the standard rate of corporate income tax reaches <b>25&nbsp;%<\/b>. On a profit of 200&nbsp;000&nbsp;\u20ac, the gap amounts to 30&nbsp;000&nbsp;\u20ac kept each year, reinvested in the business rather than paid to the Treasury. This is the main driver behind companies relocating to Andorra.<\/p>\n      <p>The consumption tax, <b>IGI<\/b> (impost general indirecte, the local equivalent of VAT), stands at <b>4,5&nbsp;%<\/b>, versus 20&nbsp;% in France. A business invoicing services from Andorra therefore applies a rate four times lower, which lightens the final cost for its clients and simplifies its administration.<\/p>\n      <p>Dividend distribution follows the same measured logic. Dividends paid by an Andorran company to a shareholder who is a tax resident of the Principality are not subject to Andorran withholding tax. A director who structures their remuneration between salary and dividends therefore has room to manoeuvre that the French system no longer offers.<\/p>\n      <h3>The company, a gateway to active residence<\/h3>\n      <p>Creating and running an Andorran company opens access to <b>active residence<\/b>, the status reserved for those who carry on an economic activity in the country. The company is therefore not only a tax tool, it becomes the legal foundation of an entire relocation. For the detail of rates, thresholds and the France-Andorra tax treaty, see our <a class=\"inline-link\" href=\"https:\/\/setupandorra.com\/en\/a-propos\/about-us13\/create-a-company\/statutes-forms-of-remuneration-and-tax-rules\/\">guide to business taxation in Andorra<\/a>.<\/p>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 4. FORMES JURIDIQUES ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">Choosing your structure<\/p>\n      <h2>Legal forms: SL, SLU or SA<\/h2>\n      <p class=\"sec-lead\">Two forms cover almost every project. The Societat Limitada (SL) for SMEs and independent professionals, the Societat An\u00f2nima (SA) for large operations. The choice depends on the capital you commit and the scale of the project. For the detail of each form and the associated steps, see our page on <a class=\"inline-link\" href=\"https:\/\/setupandorra.com\/en\/a-propos\/about-us13\/create-a-company\/types-of-companies-conditions-and-procedures\/\">company types, conditions and procedures<\/a>.<\/p>\n    <\/div>\n    <div class=\"tablewrap\">\n      <table>\n        <thead>\n          <tr><th>Criterion<\/th><th>SL \/ SLU<\/th><th>SA<\/th><\/tr>\n        <\/thead>\n        <tbody>\n          <tr>\n            <td><b>Minimum capital<\/b><\/td>\n            <td><span class=\"rate\">3 000 \u20ac<\/span><\/td>\n            <td><span class=\"rate\">60 000 \u20ac<\/span><\/td>\n          <\/tr>\n          <tr>\n            <td><b>Profil vis\u00e9<\/b><\/td>\n            <td>SMEs, independent professionals, asset-holding companies, service companies<\/td>\n            <td>Large projects, fundraising, broad shareholder base<\/td>\n          <\/tr>\n          <tr>\n            <td><b>Single shareholder<\/b><\/td>\n            <td>Yes, the SLU (Societat Limitada Unipersonal) is the single-shareholder version<\/td>\n            <td>Possible, but rarely relevant at this level of capital<\/td>\n          <\/tr>\n          <tr>\n            <td><b>Transfer of shares<\/b><\/td>\n            <td>Restricted, with priority to existing shareholders<\/td>\n            <td>Freer, transferable shares<\/td>\n          <\/tr>\n          <tr>\n            <td><b>Governance<\/b><\/td>\n            <td>Flexible, one or more directors<\/td>\n            <td>Formal structure, board of directors possible<\/td>\n          <\/tr>\n        <\/tbody>\n      <\/table>\n    <\/div>\n    <div class=\"prose\" style=\"margin-top:22px\">\n      <p><b>When to choose the SL or the SLU.<\/b> The vast majority of founders go with an SL. It is enough for a consulting firm, an agency, an e-commerce business, a trading activity or a family holding company. If you are the sole person in charge, the SLU gives you the same structure without a token partner. The 3&nbsp;000&nbsp;\u20ac capital stays modest and it is not lost, it then funds the running of the company.<\/p>\n      <p><b>When to choose the SA.<\/b> The Societat An\u00f2nima becomes the right choice when the project mobilises significant capital, plans to open up its shareholding or targets a large-scale operation. Its 60&nbsp;000&nbsp;\u20ac capital and stricter formalities meet the needs of an industrial project or a company set to bring in investors.<\/p>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 5. \u00c9TAPES (HowTo) ============ -->\n  <section class=\"section\" id=\"etapes\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">The process to follow<\/p>\n      <h2>The incorporation steps, one by one<\/h2>\n      <p class=\"sec-lead\">Seven steps separate the idea from the registered company. Each one depends on the previous, and two of them involve the Andorran administration. Here is the real order of operations.<\/p>\n    <\/div>\n    <div class=\"steps\">\n      <div class=\"step\">\n        <div class=\"step__num\">01<\/div>\n        <h3>Reserve the company name<\/h3>\n        <p>You submit three names in order of preference to the Register. The administration checks that no company already uses the chosen name and issues a reservation certificate. Nothing can move forward before this approval.<\/p>\n      <\/div>\n      <div class=\"step\">\n        <div class=\"step__num\">02<\/div>\n        <h3>Apply for foreign investment authorisation (FDI)<\/h3>\n        <p>Any non-resident who holds shares in an Andorran company files a foreign direct investment application with the government. This authorisation is a precondition for incorporation. It is often the step that weighs most on the timeline.<\/p>\n      <\/div>\n      <div class=\"step\">\n        <div class=\"step__num\">03<\/div>\n        <h3>Deposit the capital in a blocked account<\/h3>\n        <p>You open a deposit account with an Andorran bank and lock the share capital there, 3&nbsp;000&nbsp;\u20ac for an SL. The bank issues a deposit certificate required by the notary. The funds are released once the company is registered.<\/p>\n      <\/div>\n      <div class=\"step\">\n        <div class=\"step__num\">04<\/div>\n        <h3>Incorporate the company before a notary<\/h3>\n        <p>The Andorran notary draws up the deed of incorporation, the articles of association and the allocation of shares. They verify the identity of the shareholders, the investment authorisation and the deposit certificate. You sign the public deed that brings the company into being.<\/p>\n      <\/div>\n      <div class=\"step\">\n        <div class=\"step__num\">05<\/div>\n        <h3>Register with the Companies Register<\/h3>\n        <p>The notarial deed is filed with the Registre de Soci\u00e9tats Mercantils. Registration confers legal personality on the company and makes it enforceable against third parties. The company now officially exists.<\/p>\n      <\/div>\n      <div class=\"step\">\n        <div class=\"step__num\">06<\/div>\n        <h3>Obtain the NRT, the tax number<\/h3>\n        <p>The company receives its N\u00famero de Registre Tributari, the Andorran tax identifier. It is required for invoicing, IGI returns and payment of corporate income tax. Without an NRT, no declared activity is possible.<\/p>\n      <\/div>\n      <div class=\"step wide\">\n        <div class=\"step__num\">07<\/div>\n        <h3>Open the business bank account<\/h3>\n        <p>The blocked deposit account is converted into a working current account, or you open a dedicated one. Andorran banks apply a rigorous compliance procedure: proof of the source of funds, description of the activity, an interview with the account manager. Once the account is active, the company collects payments, pays its suppliers and pays out salaries. The business is up and running.<\/p>\n      <\/div>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 6. SANS R\u00c9SIDENCE ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">The recurring question<\/p>\n      <h2>Can you set up a company without being an Andorran resident?<\/h2>\n    <\/div>\n    <div class=\"prose\">\n      <p class=\"lead-para\">Yes, a non-resident can own and run an Andorran company. No, they do not automatically enjoy its tax advantages. The distinction is crucial and many websites gloss over it.<\/p>\n      <p>Setting up the company itself remains open to non-residents. After obtaining foreign investment authorisation, a French entrepreneur based in Paris can perfectly well hold shares in an Andorran SL and manage it. On that front, nationality and place of residence block nothing.<\/p>\n      <p>Taxation, on the other hand, follows the person, not the company on paper. For your income to benefit from Andorran rates, you must become a <b>tax resident<\/b> of the Principality. That means living there more than <b>183 days a year<\/b>, establishing the centre of your economic interests there and having <b>genuine substance<\/b>: an office, an actual activity, a tangible presence. An Andorran company run from France, with no real establishment, exposes its owner to reclassification by the French authorities, who will treat it as French for tax purposes.<\/p>\n      <div class=\"callout info\">\n        <b>In plain terms:<\/b> owning an Andorran company without living there is legal, but it does not reduce your personal tax. The tax advantage is earned through a genuine relocation. It is this step, residence and substance, that turns the company into a compliant optimisation tool.\n      <\/div>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 7. CO\u00dbT ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">Transparency<\/p>\n      <h2>What does setting up a company really cost?<\/h2>\n      <p class=\"sec-lead\">The budget splits into two clearly distinct blocks: the share capital, which you get back, and the administrative fees, which are your real cost. Here is the breakdown, item by item.<\/p>\n    <\/div>\n    <div class=\"tablewrap\">\n      <table>\n        <thead>\n          <tr><th>Item<\/th><th>Indicative amount<\/th><th>Type<\/th><\/tr>\n        <\/thead>\n        <tbody>\n          <tr>\n            <td><b>Share capital (SL)<\/b><\/td>\n            <td><span class=\"rate\">3 000 \u20ac<\/span><\/td>\n            <td>Locked at incorporation, then reusable by the company. This is not an expense.<\/td>\n          <\/tr>          <tr>\n            <td><b>Investment authorisation (FDI)<\/b><\/td>\n            <td><span class=\"rate\">300 \u20ac<\/span><\/td>\n            <td>Government processing fee for foreign investment.<\/td>\n          <\/tr>          <tr>\n            <td><b>Notary fees<\/b><\/td>\n            <td><span class=\"rate\">400 \u00e0 900 \u20ac<\/span><\/td>\n            <td>Drafting and signing of the deed of incorporation.<\/td>\n          <\/tr>\n          <tr>\n            <td><b>Advisory fees<\/b><\/td>\n            <td><span class=\"rate\">1 500 \u00e0 2 500 \u20ac<\/span><\/td>\n            <td>Firm that manages the procedures, the notary, the bank and the Register.<\/td>\n          <\/tr>\n          <tr>\n            <td><b>Administrative total<\/b><\/td>\n            <td><span class=\"rate\">2 500 \u00e0 3 500 \u20ac<\/span><\/td>\n            <td>Real cost, excluding recoverable share capital.<\/td>\n          <\/tr>\n        <\/tbody>\n      <\/table>\n    <\/div>\n    <div class=\"prose\" style=\"margin-top:22px\">\n      <p>Keep the logic in mind: the <b>3&nbsp;000&nbsp;\u20ac capital is not lost<\/b>. It then funds the company&#8217;s first expenses. Your net spend, the money that leaves your pocket for good, sits between <b>2&nbsp;500 and 3&nbsp;500&nbsp;\u20ac<\/b> for an SL set up properly. Many providers advertise a very low headline price then add fees along the way. An honest quote includes the notary, the investment authorisation, the registration and the advisory support from the start.<\/p>\n      <p class=\"disclaimer\">Indicative amounts for a standard SL, to be confirmed according to the nature of your project and the specifics of your file. Notary and processing fees vary from one case to another.<\/p>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 8. D\u00c9LAI ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">The timeline<\/p>\n      <h2>How long does it take to set up a company?<\/h2>\n    <\/div>\n    <div class=\"prose\">\n      <p class=\"lead-para\">Allow <b>three to six months<\/b> between reserving the name and opening the business bank account. This timeframe reflects going through the administration, not any slowness in the process itself.<\/p>\n      <p>Reserving the company name and the notarial incorporation take a few weeks. What lengthens the schedule is <b>foreign investment authorisation<\/b>, whose review depends on the government, and the <b>bank account opening procedure<\/b>, which is particularly demanding in Andorra. Andorran banks examine the source of funds and the coherence of the project before accepting a new client.<\/p>\n      <p>Three factors regularly extend the timeline: an incomplete investment file that goes back for review, a bank requesting additional supporting documents, and a regulated activity that requires a sector-specific authorisation. A file prepared seriously from the outset stays at the lower end, around three months.<\/p>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 9. PAS OFFSHORE (YMYL) ============ -->\n  <section class=\"section\">\n    <div class=\"panel\">\n      <p class=\"sec-eyebrow\">A necessary clarification<\/p>\n      <h2>Andorra is not an offshore arrangement<\/h2>\n      <p style=\"margin-top:14px\">The word &#8220;offshore&#8221; comes up in many searches about Andorran companies. It is misleading. A company set up in Andorra is nothing like a shell in an opaque tax haven. The Principality has changed its tax status and now plays the card of international cooperation.<\/p>\n      <ul class=\"panel-list\">\n        <li><b>Automatic exchange of information.<\/b> Andorra passes the banking data of its foreign residents to their home countries under the OECD common reporting standard. The banking secrecy of the past no longer exists.<\/li>\n        <li><b>Tax treaties.<\/b> The Principality has signed a double taxation treaty with France, in force since 2015, as well as with Spain and other countries. Each type of income is taxed in a defined place, with no loophole.<\/li>\n        <li><b>Substance requirement.<\/b> An Andorran company must carry on a genuine activity on the territory to be recognised. An office, staff or a director present, an actual activity: without this, the authorities of the home country reclassify the structure.<\/li>\n        <li><b>Off the grey lists.<\/b> Andorra no longer appears on the OECD lists of non-cooperative jurisdictions. Its taxation is low, it is neither hidden nor illegal.<\/li>\n      <\/ul>\n      <p style=\"margin-top:20px\">The difference with an offshore arrangement comes down to one sentence: in Andorra you hide nothing, you settle for good in a low-tax country. It is a real change of life, declared and compliant, not an accounting trick.<\/p>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 10. HOLDING ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">Wealth structuring<\/p>\n      <h2>The holding company in Andorra<\/h2>\n    <\/div>\n    <div class=\"prose\">\n      <p>An Andorran holding company holds stakes in other companies and centralises their dividends. Under certain conditions, the Andorran regime for holding companies eases the taxation of dividends received and of capital gains on the sale of securities. It is the tool of entrepreneurs who own several companies or who are preparing to resell a stake.<\/p>\n      <p>The benefit is twofold. The holding company brings a group&#8217;s governance under a single head and serves as a reinvestment vehicle, housing the cash brought up from subsidiaries before reallocating it. It remains subject to the same requirements as any Andorran company: genuine substance and effective residence of the director. A holding company with no activity and no presence brings no advantage, it creates a risk. The arrangement is decided case by case, according to your assets and your sale plans.<\/p>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 11. DOMICILIATION ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">Address and premises<\/p>\n      <h2>Registered office and company address<\/h2>\n    <\/div>\n    <div class=\"grid-2\">\n      <div class=\"card prose\">\n        <p>Every Andorran company must have a <b>real address on the territory<\/b>. The registered office appears in the articles of association and is a condition of registration. A simple mailbox is not enough: the administration expects an identifiable premises where the company can be reached and where its management takes place.<\/p>\n      <\/div>\n      <div class=\"card prose\">\n        <p>Depending on the activity, the address takes the form of a rented office, a shared space or commercial premises. This requirement ties in with that of substance: the Andorran address is not a formality, it embodies the company&#8217;s roots in the country and weighs in the recognition of its tax residence. To compare workspaces and compliant registered-office options, see our <a class=\"inline-link\" href=\"https:\/\/setupandorra.com\/en\/coworking-guide-andorra-2026-domiciliation-and-prices\/\">guide to coworking spaces and registered offices in Andorra<\/a>.<\/p>\n      <\/div>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 12. R\u00c9SIDENCE ACTIVE ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">From company to relocation<\/p>\n      <h2>Company and active residence: the direct link<\/h2>\n    <\/div>\n    <div class=\"prose\">\n      <p class=\"lead-para\">Creating and running a company opens the way to <b>active residence<\/b>, the status of those who work in Andorra. The company is not only a tax tool, it is the legal grounds for your relocation.<\/p>\n      <p>Active residence is aimed at the entrepreneur who carries on an economic activity in the Principality, most often through their own company. It requires an actual presence, an investment, and genuine management carried out from the territory. In return, it gives access to the Andorran tax regime and the right to live and work on site.<\/p>\n      <p>The process therefore unfolds in two linked stages: the company first, residence next, each reinforcing the other. To understand the conditions, the profiles and the supporting documents for residence, see our <a class=\"inline-link\" href=\"https:\/\/setupandorra.com\/en\/expatriating\/residency-status-conditions-procedures-and-taxation\/\">guide to residence in Andorra<\/a>.<\/p>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 13. ACCOMPAGNEMENT + PREUVE ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">Our support<\/p>\n      <h2>How Setup Andorra supports you<\/h2>\n      <p class=\"sec-lead\">Knowing the steps is not enough to get through them. Between the investment authorisation, the notary, the bank and the Register, a poorly prepared file drags on for months. Setup Andorra takes the project in hand from end to end.<\/p>\n    <\/div>\n    <div class=\"prose\" style=\"margin-bottom:28px\">\n      <p>A single point of contact handles your <b>company<\/b>, your <b>residence<\/b>, the opening of your <b>bank account<\/b> and your <b>relocation<\/b> on site, from the first question to the first day of business. The firm is based in Andorra, it knows the notaries, the banks and the administration, and it prepares each file so that it goes through first time. You keep control of the decisions, the team handles the execution.<\/p>\n    <\/div>\n\n    <div class=\"proof-band\">\n      <figure class=\"photo\">\n        <img loading=\"lazy\" decoding=\"async\" class=\"photo__img\" src=\"https:\/\/setupandorra.com\/wp-content\/uploads\/2026\/04\/virginie.webp\" alt=\"Virginie Hergel, founder of Setup Andorra\" loading=\"lazy\" width=\"600\" height=\"700\">\n        <figcaption class=\"photo__label\">Virginie Hergel, founder of Setup Andorra<\/figcaption>\n      <\/figure>\n      <div class=\"proof__body\">\n        <h3 style=\"font-family:var(--serif);font-size:22px;color:var(--navy);font-weight:700;margin-bottom:6px\">A firm based in Andorra, not a remote intermediary<\/h3>\n        <p style=\"color:var(--muted);font-size:16.5px\">Founder Virginie Hergel and her team support French speakers settling in the Principality. A local presence, a proven method, results measured by those who have done it.<\/p>\n        <div class=\"proof__stats\">\n          <div class=\"proof__stat\"><div class=\"big\">100+<\/div><div class=\"lab\">5-star reviews<\/div><\/div>\n          <div class=\"proof__stat\"><div class=\"big\">Le Parisien \u00b7 M6 \u00b7 Forbes<\/div><div class=\"lab\">media coverage<\/div><\/div>\n          <div class=\"proof__stat\"><div class=\"big\">Andorra<\/div><div class=\"lab\">a firm on the ground<\/div><\/div>\n        <\/div>\n        <div>\n          <a class=\"btn-pill\" href=\"https:\/\/setupandorra.com\/en\/contact\/\">Free consultation <span class=\"arw\">&rarr;<\/span><\/a>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 14. FAQ ============ -->\n  <section class=\"section\">\n    <div class=\"sec-head\">\n      <p class=\"sec-eyebrow\">Frequently asked questions<\/p>\n      <h2>Your questions about setting up a company<\/h2>\n    <\/div>\n    <div class=\"faq\">\n      <details open>\n        <summary>How much does it cost to set up a company in Andorra?<\/summary>\n        <p>The real administrative cost sits between 2&nbsp;500 and 3&nbsp;500&nbsp;\u20ac for an SL, including the notary, the investment authorisation, registration and advisory support. On top of that comes the 3&nbsp;000&nbsp;\u20ac share capital, which remains the property of the company and then serves to fund its operations.<\/p>\n      <\/details>\n      <details>\n        <summary>Can you open a company in Andorra without being a resident?<\/summary>\n        <p>Yes. A non-resident can own and run an Andorran company after obtaining foreign investment authorisation. However, benefiting from Andorran taxation requires becoming a tax resident, which means living more than 183 days a year in the Principality with a genuine activity on site.<\/p>\n      <\/details>\n      <details>\n        <summary>What are the tax advantages of an Andorran company?<\/summary>\n        <p>Corporate income tax is capped at 10&nbsp;%, versus 25&nbsp;% in France. The local VAT (IGI) stands at 4,5&nbsp;%. Dividends paid to a resident shareholder are not subject to Andorran withholding tax. These advantages apply fully only to tax residents of the Principality.<\/p>\n      <\/details>\n      <details>\n        <summary>How long does it take to set up a company?<\/summary>\n        <p>Allow three to six months. Going through foreign investment authorisation and the very rigorous Andorran banking procedure accounts for most of the timeline. A well-prepared file stays close to three months.<\/p>\n      <\/details>\n      <details>\n        <summary>Is minimum capital required to set up a company?<\/summary>\n        <p>Yes. An SL requires minimum capital of 3&nbsp;000&nbsp;\u20ac, an SA of 60&nbsp;000&nbsp;\u20ac. The capital is locked in a bank account during incorporation, then released and available to the company once it is registered.<\/p>\n      <\/details>\n      <details>\n        <summary>Can a French national set up a company in Andorra?<\/summary>\n        <p>Yes. French nationality is no obstacle. After obtaining foreign investment authorisation, a French national sets up their SL like any other investor. To benefit from the taxation, they will need to transfer their tax residence to Andorra and carry on a genuine activity there.<\/p>\n      <\/details>\n      <details>\n        <summary>Is an Andorran company an offshore arrangement?<\/summary>\n        <p>No. Andorra applies the automatic exchange of banking information, has signed double taxation treaties and requires genuine substance from its companies. The Principality no longer appears on the OECD grey lists. Taxation there is low, but it is declared and compliant.<\/p>\n      <\/details>\n      <details>\n        <summary>Which legal form to choose between SL and SA?<\/summary>\n        <p>The SL, with its 3&nbsp;000&nbsp;\u20ac capital, covers almost every project for SMEs, independent professionals and holding companies. The SLU is its single-shareholder version. The SA, with 60&nbsp;000&nbsp;\u20ac capital, is reserved for large projects and companies that open up their shareholding.<\/p>\n      <\/details>\n    <\/div>\n    <div style=\"text-align:center;margin-top:34px\">\n      <a class=\"btn-pill\" href=\"https:\/\/setupandorra.com\/en\/contact\/\">Free consultation <span class=\"arw\">&rarr;<\/span><\/a>\n    <\/div>\n  <\/section>\n\n  <!-- ============ 15. CTA FINAL ============ -->\n  <section class=\"section\">\n    <div class=\"cta-final\">\n      <h2>Go from project to registered company<\/h2>\n      <p>In a free consultation, we study your project, cost out the real amount and define the right structure, company and residence included. You leave with a clear plan, not a vague estimate.<\/p>\n      <a class=\"btn-pill\" href=\"https:\/\/setupandorra.com\/en\/contact\/\">Book my free consultation <span class=\"arw\">&rarr;<\/span><\/a>\n      <p class=\"cta-note\">Firm based in Andorra \u00b7 End-to-end support \u00b7 Over 100 5-star reviews<\/p>\n    <\/div>\n  <\/section>\n\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Setting up a company in Andorra Setting up a company in Andorra: the complete guide to the process, costs and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":488,"parent":725,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-1074","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Set Up a Company in Andorra: Costs, Steps &amp; Tax<\/title>\n<meta name=\"description\" content=\"Setting up a company in Andorra: legal forms, the 7 steps, real costs and the tax conditions to actually benefit. 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