Setting up a company in Andorra is to bet on a dynamic, secure and fiscally attractive environment. The country offers different legal forms recognized by its legislation, designed to suit both entrepreneurs and investors. We accompany you every step of the way so that you can set up your company with complete peace of mind.
In Andorra there are three main legal forms for incorporating a company: the Limited Liability Company (SL), the Public Limited Company (SA) and the General Partnership (Sociedad Colectiva). Each offers different advantages depending on the type of activity, the number of partners and the available capital.
The Limited Company is the legal form most commonly chosen in Andorra by entrepreneurs and small businesses, especially in the service sector. It can also be constituted by a single partner, under the form SLU (Sociedad Limitada Unipersonal).
Main advantages:
Reduced minimum share capital: 3,000 €.
Can have one or more partners
Simple management and flexible structure
Ideal for small to medium-sized businesses
General steps for its constitution:
The corporation is a legal form designed for larger companies, with higher investment requirements or a more complex corporate structure. It can also be incorporated by a single person, in which case it is called SAU (Sociedad Anónima Unipersonal).
Main advantages:
Minimum share capital: €60,000
Designed for companies with higher volume or complexity
Allows a clear separation between ownership and management
Possibility of easily increasing capital or incorporating new partners
General steps for its constitution:
Authorization of foreign investment, if there is international participation.
Reservation of corporate name in the Companies Registry.
Deposit of the capital stock in an Andorran bank account.
Drafting of the bylaws and signing before a notary public.
Registration in the Mercantile Registry and obtaining the NRT (Tax Registration Number).
Processing of the activity license if the company is going to operate in Andorra.
The General Partnership is a less common legal form, but useful for those projects where all the partners wish to participate actively in the management of the business. In this type of partnership, responsibility is shared and joint and several among the partners, which requires mutual trust and commitment.
It is ideal for family businesses, professional associations or small companies where the direct involvement of all partners is key.
Main characteristics:
No minimum legal capital stock is required
All partners are directly involved in the management
Liability is unlimited and joint and several among the members.
Requires a highly trusting relationship between partners
General steps for its constitution:
Main steps for opening:
Electrical bulletin
Electrical installation reviewed and certified by an authorized technician.
Fire extinguishers
Installation and maintenance contract with authorized company.
License of opening of the Comú
It is managed in the city council of the parish where the premises are located.
Census registration with the Tax Agency
Registration of the activity with the Tax Administration.
NRT (Tax Registration Number)
Tax identification of your commercial activity.
Registration in the CASS
Social Security as self-employed or company with employees.
At Hilltop Agency we are at your disposal to facilitate every step, we solve the paperwork andhelp you to set up your company in Andorra with agility, clarity and without surprises.
Let’s talk and get your project off to a good start.
