Andorra is a highly attractive destination for entrepreneurship thanks to three fundamental pillars: low and highly competitive taxation, excellent legal certainty, and an unbeatable strategic geographical location between France and Spain. If your goal is to create a company Andorra 2026, it is important to know the exact procedure to avoid unnecessary delays. These are the key steps you must follow to incorporate your business.
The opening procedure consists of several administrative phases that require rigor and planning:
Reservation of the corporate name: The first step is to request the name of the company from the Government of Andorra and clearly define the corporate purpose of your activity.
Foreign investment authorization: This is a mandatory procedure and essential if the company will have a foreign participation equal to or greater than 10% of the share capital.
Incorporation before a notary: Once the investment is approved, you must proceed with the formal incorporation of the company before an Andorran notary and, subsequently, make the official registration in the Register of Companies. You can find more information about procedures on the official Government portal (tramits.ad).
Obtaining the NRT and commercial license: You must request the Tax Registration Number (NRT), complete the corresponding tax registration, and apply for the commercial license at the Comú of the parish where the business is located.
Registration with the CASS: Finally, the company and administrators must be registered with the Andorran Social Security Fund (CASS) and accounting must be set up.
The total cost and the resolution period vary depending on the type of company and whether foreign investment is involved. In general, the complete process can be concluded in a few weeks if all the documentation is presented correctly from day one. Regarding the initial financial contribution, the minimum share capital required to incorporate a Limited Company (SL) is 3,000 euros.
One of the great attractions of Andorra is its tax framework. Corporate Tax has a maximum rate of 10%, the IGI (the equivalent of VAT) is only 4.5%, and the Personal Income Tax (IRPF) is also limited to a maximum of 10%. Furthermore, there is no wealth tax or inheritance tax, establishing it as one of the most competitive tax environments in all of Europe.
At Àgora Consultors, we manage the entire opening process from start to finish so you don’t have to worry about the bureaucracy. Contact us in our corporate advisory area and we will explain step by step how to establish your company in the Principality without complications.