Andorra Company Formation & Entity Choice
Entity types, capital and incorporation
- Andorran corporate forms overview — The two main Andorran corporate forms are the Societat Limitada (SL/SLU) and the Societat Anonima (SA). Since 2012 foreign investors may own 100% of an Andorran company, subject to prior foreign-investment authorisation.
- Societat Limitada (SL/SLU) — Limited-liability company; most common form for SMEs (SLU is the single-member variant) (Llei 20/2007 de societats anonimes i de responsabilitat limitada)
- Societat Anonima (SA) — Public limited / joint-stock company, used for larger ventures (Llei 20/2007 de societats anonimes i de responsabilitat limitada)
- Minimum share capital — SL/SLU — EUR 3,000, fully subscribed and paid up at incorporation EUR (Llei 20/2007 de societats anonimes i de responsabilitat limitada)
- Minimum share capital — SA — EUR 60,000, fully subscribed and paid up at incorporation EUR (Llei 20/2007 de societats anonimes i de responsabilitat limitada)
- Foreign ownership — Foreign investors may hold up to 100% of share capital (since 2012) (Llei 10/2012 d'inversio estrangera al Principat d'Andorra)
- Foreign-investment authorisation — Prior foreign-investment authorisation is required where non-resident ownership exceeds 10% (Llei 10/2012 d'inversio estrangera al Principat d'Andorra)
- Company-name reservation — Reserve and obtain approval of the company name (denominacio social) — typically 1-2 business days (approx — confirm current timing) (Registre de Societats Mercantils)
- Incorporation steps — Name approval, foreign-investment authorisation, deposit of share capital with bank certificate, notarised deed of incorporation, registration with the Registre de Societats and tax (NRT) registration (Llei 20/2007 / Llei 10/2012)
- Typical incorporation timeline — Approximately 8 to 14 weeks, largely driven by foreign-investment approval and bank account opening (approx — confirm current processing times) (Llei 10/2012 d'inversio estrangera)
- Director residency requirement — No residency requirement for company directors (Llei 20/2007 de societats anonimes i de responsabilitat limitada)
- Tax identification (NRT) — Companies must obtain a Numero de Registre Tributari (NRT) from the Departament de Tributs (Departament de Tributs i de Fronteres)
- Core annual compliance — Keep statutory accounts (Pla General de Comptabilitat), approve and file annual accounts, file the IS corporate tax return, and file periodic IGI and CASS returns (Llei 95/2010 IS / Llei 11/2012 IGI / Llei de la seguretat social)
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General reference only. This document does not constitute tax, legal, or financial advice. Verify figures against the cited primary sources or with a licensed professional before relying on them.
Today's figures and who stands behind this skill
This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call get_skill with slug ad-company-formation on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/ad-company-formation. If neither is available, confirm every figure against the official source pages cited above before relying on it.
