The creation of companies and corporations with 100% foreign capital has been permitted in Andorra since the adoption of the Law on Foreign Investment in 2012. Additionally, as a result of agreements on the exchange of tax information with major European countries, Andorra is no longer considered a tax haven and does not appear on the OECD black list.
When the significantly lower tax burden in comparison to neighbouring countries (corporation tax is only 10%, and may be lower for certain activities) is considered alongside the aforementioned facts, our little country becomes a highly attractive option.
At Advantia, we have the right team to guide you through the entire process of creating a company in Andorra.