A Place to Set Up a Company

Setting up a company in Andorra is generally a straightforward process within a stable, business-friendly framework.

The country combines an open approach to foreign investment—with international entrepreneurs typically able to hold 100% of the share capital, subject to authorisation requirements where applicable—with competitive corporate taxation and relatively streamlined administrative procedures.

Why Set up a Company in Andorra?

Clear, predictable framework

Modern corporate law with standard governance and shareholder protections.
Open foreign investment regime (often allowing 100% foreign ownership), subject to prior authorisation in relevant cases.
Stable, business-friendly environment with clear administrative sequencing.

Standard incorporation path

Name reservation at the Register of Societies.
Capital deposit in an Andorran bank + notarial deed of incorporation.
Registration in the Companies Register; trade licence (comú) required to operate.

Lean administration, lower friction

More predictable procedures than many neighbouring jurisdictions.
Lower time-to-market and reduced compliance overhead for new ventures.
Clear checkpoints (authorisation, banking/KYC, licence) help plan execution.

Support from Andorra Business

Process guidance (requirements, documents, sequencing).
Introductions to relevant public/private counterparts (banks, advisors, sector contacts).
Growth and internationalisation programmes for scaling from Andorra.

A platform to expand internationally

Strategic location between Spain and France.
Cosmopolitan environment and strong international exposure through tourism.
Compact “test market” to validate products/services before scaling.

Practical information

Other Relevant Information

Foreign investment authorisation:
may be required when non-residents hold a significant stake; plan it early.
Bank onboarding/KYC:
often the main bottleneck; expect detailed documentation on shareholders and source of funds.
Registered address & premises:
you typically need a registered address; operating activities may require suitable premises.
Trade licence (comú):
most operating businesses need a local licence from the parish council where the activity is based.

Steps to Set Up a Company

Name reservation:
reserve the company name with the Register of Societies.
Bank + share capital:
open a corporate bank account and deposit the minimum share capital (documentation required).
Notary & incorporation deed:
sign the deed of incorporation before a notary and approve bylaws.
Registration + licence:
register in the Companies Register and obtain the trade licence (comú) before commencing operations.
Relevant links:

F.A.Q.

Can a foreigner own 100% of an Andorran company?

– Yes. Full foreign ownership is generally possible.
– In many cases, you will need prior foreign investment authorisation if non-residents hold a significant stake.
– Documentation typically covers shareholders, activity, and funding.

Do I need to be resident in Andorra to incorporate?

– No. You can incorporate as a non-resident.
– Residence can make banking, administration and day-to-day operations easier, but it is not a legal requirement to set up.

How long does it typically take end-to-end?

– Often 4–8 weeks, depending on authorisation and banking timelines.
– Simple structures with clear documentation can be faster; complex ownership or cross-border funding can add time.

Do I need a local address or office?

– You typically need a registered address in Andorra.
– For many activities, you will also need premises that match the activity requirements for the trade licence.

Can I buy an existing “shelf company” to speed things up?

– Sometimes, but it does not automatically eliminate authorisation, banking KYC, or licensing steps.
– If speed is the goal, acquiring an operating business with licences/clients can be more effective than a dormant entity.

A Place to Set Up a Company

Why Set up a Company in Andorra?

Practical information

F.A.Q.​

F.A.Q.