Registration fee is from 8000 €
Registration period — 8-12 weeks
Minimum authorized capital - 3000 EUR
Remote opening — no
Financial statements — yes
Andorra is a microstate in the Pyrenees, located between Spain and France, with one of the most competitive tax systems in Europe.
Andorra introduced corporate tax only in 2012 (Llei de l'Impost de Societats), later than most European countries, and immediately set one of the lowest rates on the continent at 10%. The country is not part of the EU, but uses the euro under a monetary agreement and is part of a customs union with the EU for industrial goods, which simplifies trade with neighboring Spain and France.
Andorra does not levy property tax, inheritance tax, or capital gains tax on assets held for more than 10 years, which makes the jurisdiction stand out favorably compared to neighboring Spain and France with their significantly higher tax burden.
Societat Limitada (SL): The equivalent of an LLC (limited liability company). Shareholders have limited liability.
Societat Anonima (SA): A joint-stock company. Minimum share capital of 60,000 EUR. This form is usually suitable for large companies with many shareholders.
Branches of foreign companies: Allows foreign companies to operate in Andorra. Does not require forming new share capital in the country.
Partnerships and cooperatives: Suitable for specific types of business or social initiatives.
Important! After registering a company in Andorra, you can apply for an Andorran residence permit on the basis of entrepreneurial activity.
Once a company in Andorra is registered, you can apply for resident status. To do this, you need to:
Be an administrator of a company registered in Andorra and hold a stake of more than 34%.
Deposit 50,000 euros with the Andorran Financial Authority (AFA); under 2026 legislation, this contribution is final and non-refundable rather than a returnable deposit.
Reside in Andorra for at least 183 days a year.
Conduct genuine activity in the country and earn a minimum income.
Have a place to live in Andorra (purchased or rented).
If you want to open a company in Andorra, set up a firm in Andorra, or take advantage of business opportunities in Andorra, contact Maira Consult today. We will ensure a fast, transparent, and professional process for registering your business.
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Political and economic stability
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No dividend tax
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Possibility of obtaining a residence permit
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High level of confidentiality
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No property tax or inheritance tax
The name must be unique and comply with the rules of the Andorran Commercial Registry.
The minimum share capital is EUR 3,000.
It is formed by depositing funds into the company's bank account before its registration.
The company's director can be any individual or legal entity, regardless of nationality.
A shareholder can be a citizen of any country, including Ukraine. Non-residents are required to obtain a special permit to hold more than 10% of the share capital.
Companies in Andorra are required to keep accounting records and file financial statements annually.
Depending on the type of company, an audit may also be required.
Andorra has implemented transparency reforms and been removed from international blacklists of offshore jurisdictions, while still keeping its registry closed to public access by third parties: information about company owners is not publicly available, although it is shared with the tax authorities of countries participating in the automatic exchange of information (CRS).
To register a company in Andorra, you must first reserve the company name.
A foreigner can set up a company in Andorra, but this requires providing a certificate of no criminal record and a copy of the passport with an apostille.
A business in Andorra can be established remotely. It is enough to provide apostilled documents.
The funds forming the share capital must be deposited into a bank account with an Andorran bank. Opening an account also requires completing the KYC (Know Your Customer) procedure.
Submitting documents to the Andorran Commercial Registry for official company registration.
After the company is registered in Andorra, the foreigner will receive the articles of association, tax number, certificate of registration, and other necessary documents.
Apostilling the corporate documents for use outside Andorra.
Handing over all documents to the client.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207
Legal information
MAIRA LLC
EDRPOU code: 38202700
Jurisdiction: Ukraine
Working hours
Monday – Friday: 09:00 – 18:00
Saturday – Sunday: closed
We respond to inquiries within 15–30 minutes during working hours