Process to open your company in Andorra
From the articles of association to the bank account and the first year of tax filings: what the country requires, who signs what and what happens if something slips.
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Companies already operating in Europe with Filnet
The 6 steps for your SL / SLU
Every step handled by a local advisor — you only sign where needed.
Step 01
Preliminary fit review
We analyse your activity and whether it needs prior authorisation from the Govern for foreign investment, with the sector's ownership limits.
Step 02
We prepare the investment file
We draft the business plan and the activity justification, and leave the application ready for you to file with the Govern.
Step 03
Capital and deed
The SL requires €3,000 of capital, paid into the company. We prepare the articles for you to sign before an Andorran notary.
Step 04
Company registry and NRT
We coordinate the company-registry filing and prepare the NRT and IGI registrations so the company can invoice.
Step 05
Bank account and banking relationship
We prepare the Andorran bank's KYC file and support you in the interview and in the paperwork it asks for each year.
Step 06
Accounting and annual duties
We set up the books, IGI returns and the corporate tax return, with reminders before every deadline.
Three points that raise the most questions
NIF / NIE of the partners
For an Andorran SL what matters is how shareholders are taxed: if they are not resident, foreign-investment authorisation is required. We prepare the file for you to sign and file.
Bank account and capital
The Andorran bank account is opened within the process, with full KYC and proof of source of funds. The SL capital is €3,000, paid into the company when the deed is signed.
Buying portfolio companies
Andorra is a common destination for wealth and corporate structures: the 10% corporate tax and fiscal stability make it attractive for grouping holdings in an orderly holding or asset-holding company.
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