If you are thinking of opening an establishment or investing in a business, Andorra is one of the best countries to do so.
Andorra, with its stable political framework and dynamic economy is one of the most attractive countries when it comes to investing. Singular thanks to its history, its social and natural environment, and of course its economy and financial model, that make it a developed and profitable State. It is currently combining a program of reforms based on the economic opening to foreign investment, and in homologation and tax cooperation. In addition, for years it has been promoting innovation with common projects in conjunction with different centers and entities of International prestige.
Therefore, investing in a business in Andorra or opening an establishment, is a very profitable possibility thanks to our surrounding ecosystem.
Reasons to create a company in Andorra
Advantages of Andorra´s tax framework
Incorporating a business in Andorra
In order to set up or create a company in Andorra, first of all, you must incorporate a business. If you are Andorran or a resident of the Principality of Andorra and you want to constitute a business in Andorra you just have to reserve the business name you would like to use, deposit the social capital in an Andorran banking entity and carry out the constitution through a public deed witnessed by a notary. The registration of the business in the Business Registry is automatic*.
In the case of not being Andorran, contact us and we will assist you.
*In order to carry out activities of commerce, industrial or providing services, Andorran businesses must have an authorized commerce.
-
Reserving
name of the
capital -
Depositing
social
capital -
Constitution
witnessed by
notary -
Registration
in the Business
Registry
Opening a commerce in Andorra
To open a commerce in Andorra you just have to reserve the commerce name you would like to use, whether it be as an Andorran society or as a self-employed resident, you can open your establishment at the Townhall of any parish.
Besides reserving the commerce name, youmust have adequate premises (with a minimum size of 20m2, with electrical installations and with fire extinguisher installation and maintenance) and apply for the opening at the Townhall of your choosing*.
For self-employed people practicing a liberal profession, the opening of a commerce is optional.
* For determined activities, additional specific requirements may be demanded.
-
Reserving
name of the
commerce -
Premises
(minimum
20m2) -
Apply for
commerce
opening
Foreign Investment in Andorra
+ 7.600%
since 2012
160%
annual growth since 2012
18,7%
of the GDP in 2021
How Andorra Business can help you
In essence, we provide support to your business growth and expansion in Andorra and internationally.
The decision to create a company in Andorra came not only because of the tax facilities, but above all because of the high quality of life and the presence of talented young people. NP Technology wants to grow in the world, expanding its presence in other countries, and Andorra Business has played a key role helping us in our internationalization process.
Having a business in Andorra does not only mean having tax benefits. It is also easier on a bureaucratic level and to project yourself internationally. Andorra Business helped me in precisely this process, making my products known outside the Principality.
Andorra is an ideal place to work and establish a company. It is a charming and family-friendly country, with spectacular natural surroundings and great tranquility, where many business opportunities arise and where, moreover, it is very easy to solve all the problems that arise.
The Principality’s highly competitive tax framework allow us to offer attractive prices to our clients. Additionally, the Government of Andorra prioritizes the development of the biotechnology sector, to which we contribute as the first company of this type in the country.
We have chosen to establish our company in Andorra due to its privileged natural characteristics that make it an emblematic country, its security, the moderate tax pressure it offers, and our belief in its strong potential to become a European healthcare hub.
We decided to open the clinic in Andorra because many of the Moto GP and Superbike riders that we advise live here, such as Fabio Quartararo and Pol Espargaró. Also because there are quite a few elite athletes living in the country. Andorra Business helped us for the launching of the business by providing us information on how to set up the company in the Principality.
Andorra is a perfect place to develop and test all our innovations, to carry out comprehensive country pilots tests and to generate business alliances. The sports environment is impressive, especially because a large number of athletes live there and the country prioritizes the sector.
Andorra has a variety of advantages we took into account when we decided to establish the company in the country such as security, legislation and political stability. And after having done so, I was surprised by how much people love living in Andorra. It provides a very high quality of life.
We chose to come to Andorra afer the Covid pandemic noting the possibility to set up an audiovisual production and dubbing studio in the country, enabling us to working internationally. In addition, living in Andorra is wonderful for our children because of the environment and the great safety.
We came to Andorra because we love mountains, because Spain and France were nearby, and especially because of the exceptional security framework that the Principality offers. We are very happy to continue with the support of Andorra Business, since thanks to them we have been able to establish many commercial links with international companies.
Andorra is one of the best places in the world to set up the design, marketing, conception and engineering part of a company. Andorra Business helps us to internationalize our company with its connections/contacts to enter markets where it is more complicated to settle.