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company formation Andorra corporate tax 0%

Country's features:

Geographic location Independent state, located in Southern Europe, specifically between France and Spain
Political regime Parliamentary co-­‐principality
Population 85 082 (2013)
Language Spanish, Catalan, French, English
Currency Euro
Time zone GMT+1

Features of the incorporation of a company:

Type of company SL and SA
Capital required
  • SL: 3000 € - disbursed in full at the time of incorporation
  • SA: 60.000 € - disbursed in full at the time of incorporation
Legal system Feudal Law
Number of directors/shareholders SL and SA: Minimum of 2 administrators and 1 shareholder
Anonymity and confidentiality The name of the administrators is public (published in the Official Journal and available at the Registry for Commerce and Companies)
Secretary service Yes: Local
Corporate tax 10%
Wealth tax 0%
Tax on dividends 0%
VAT 4,5%
Government taxes
  • SL: annual tax of 802 €
  • SA: annual tax of 882 €
Accounting requirements Mandatory to keep accounts and file annual reports
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