Register a company in Andorra, ten percent in the Pyrenees.

Set up an Andorran SL: 10% corporate tax, Europe's lowest VAT at 4.5%, euro accounts and a personal tax cap of 10% if you ever move in. One thing to know about the pace - foreign investors pass a government authorisation first, so this is a 4-8 week project, not a same-week stamp.An Andorran SL: 10% corporate tax, 4.5% IGI, euro banking, and a 10% personal cap if you move in. The timeline: government authorisation makes it a 4-8 week project.

27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served

Updated

Andorra · at a glance
Legal formSL · Societat Limitada
Time to set up4-8 weeks
Corporate tax10%
IGI (VAT)4.5% - Europe's lowest
Minimum capital€3,000
Foreign ownership100% - with authorisation
Alex Danila
Alex Danila
Your Andorra specialist
in
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Andorra in brief

A microstate that traded secrecy for a 10% flag worth keeping.

Andorra sits between France and Spain with the euro in its banks, a 10% corporate tax, a 4.5% IGI that is the lowest consumption tax in Europe, and a personal income tax capped at 10% - the package that has drawn founders, athletes and creators into the Pyrenees for a decade. Since liberalisation, foreigners can own 100% of an Andorran company; since the banking clean-up, the flag is CRS-compliant, off the haven lists and welcome in European clearing.

The caveats here are about process, not rates. Every foreign shareholder passes a government foreign-investment authorisation before incorporation; the notary calendar and the capital-deposit account add their own weeks; and the banks (Andbank, MoraBanc, Creand) run thorough post-clean-up KYC and usually want to meet you. Plan 4-8 weeks and at least one trip for banking, and budget real accounting each year. In exchange: EU-grade respectability at microstate rates, and a residency path that caps your personal taxes at 10% two hours from Barcelona.

The Pyrenean package: 10% profit tax, Europe's lowest VAT at 4.5%, personal cap at 10%, euro accounts in serious banks. Since liberalisation, 100% foreign ownership; since the clean-up, CRS-clean and welcome in Europe.

The slow part is pace, not rates: foreign-investment authorisation (2-4 weeks), notary calendar, capital account, banks that want to meet you. Plan 4-8 weeks and one visit - and get a flag you can live under.

Packages & pricing

Andorran company - cost & packages.

01 - SL · SOCIETAT LIMITADA

Company

from€3,500EUR · all-in

Remote-led registration of an Andorran SL - foreign-investment authorisation, notarised deed, company and tax registration, first year of the registered address included.

Foreign-investment authorisation filedName reservation & notary deedGovernment fees includedRegistered address - first yearTax (NRT) registration handledFree pre-incorporation consultation

Optional add-ons: accounting - from €250/month · residency support (active/passive) - scoped per case · annual renewal - from €2,500/year.Add-ons: accounting from €250/month · residency support scoped per case · renewal from €2,500/year.

Start with Company →
02 - SL · SOCIETAT LIMITADA
Most popular

Company + Bank Account

from€5,900EUR · all-in

A working SL with an Andorran bank account - euro balances, cards and private-bank-grade online banking, arranged around one planned visit.

Everything in CompanyCapital & operating account with an Andorran bankAccount application & KYC file preparationIntroductions and meeting schedulingCompliance onboarding supportDedicated account manager
Start with Banking →
Prices are starting points and get fixed for your case before work begins. Government, notary and authorisation fees are itemised; the €3,000 share capital stays yours.Starting prices, fixed before work begins. Government and notary fees itemised; the €3,000 capital stays yours.
What you can do

Popular uses for an Andorran company.

An SL may run almost any lawful business. Financial and digital-asset services run under AFA authorisation, and retail on Andorran soil follows local commerce rules.Almost any lawful business; finance and digital assets run under AFA authorisation.

Consulting & digital business

Founders and creators invoicing worldwide at 10%, often pairing the company with residency.

Holding & wealth

Family holdings under a clean, CRS-compliant microstate flag with euro banking.

E-commerce & trading

EU-adjacent trade with the customs union for goods and Europe's lowest IGI.

Sports & talent management

The classic Andorran resident-athlete structure, done compliantly.

Tourism & retail

Ski, retail and hospitality in a country of 8 million annual visitors.

Financial & digital assetslicensed

Investment firms and digital-asset actors under AFA licensing.

Consulting & digital

Worldwide invoicing at 10%.

Holding & wealth

Clean microstate flag, euro banks.

E-commerce & trading

Customs union, lowest IGI.

Sports & talent

The resident-athlete classic.

Tourism & retail

8 million visitors a year.

Financial & digital assetslicensed

AFA licensing.

Why Andorra

Key advantages of the jurisdiction.

10% corporate tax

A flat headline rate among Europe's lowest. No rulings or regimes required.Flat, no regimes needed.

4.5% IGI

The continent's lowest consumption tax. Margin kept at the till.Europe's lowest consumption tax.

Personal cap at 10%

Move in and your worldwide income tax tops out at 10%. The full founder package.The relocation case in one line.

Clean, euro-denominated

CRS-compliant, off the haven lists, euro accounts in serious private banks.CRS-compliant private banks.

Quality of life

Alpine safety, Barcelona and Toulouse two hours away. A flag you can actually live under.Alps, two hours to Barcelona.

Stable microstate

Centuries of constitutional quiet and a government that answers the phone.Centuries of constitutional quiet.

How it compares

Andorra next to the microstate shortlist.

Monaco waives personal tax but charges 25% on company profits; Liechtenstein and Gibraltar run 12.5-15%; San Marino courts newcomers at 8.5%. Andorra pairs a 10% company with a 10% life. Figures current as of 2026.Monaco: personal 0%, corporate 25%. Liechtenstein: AAA at 12.5%. Gibraltar: 15% territorial. Andorra: 10% company + 10% life. Figures as of 2026.

CountryCorporate taxPersonal top rateSignature edge
Andorra10%10%Company + life at 10%
Monaco25%0%Personal zero, corporate no
Liechtenstein12.5%~24%AAA · EEA access
Gibraltar15%25%+UK-linked, territorial
San Marino17% / 8.5% new12-35%New-company discounts
Andorra10 + 10
Corporate tax10%
Personal top10%
MonacoPersonal 0%
Corporate tax25%
Personal top0%
LiechtensteinAAA
Corporate tax12.5%
Personal top~24%
GibraltarTerritorial
Corporate tax15%
Personal top25%+
San MarinoDiscounts
Corporate tax17% / 8.5%
Personal top12-35%
Requirements

What Andorran law actually demands.

01
Foreign-investment authorisation - Non-resident shareholders obtain government approval before the deed. The step that sets Andorra's timeline.
02
One shareholder - Individual or company, any nationality, 100% foreign ownership once authorised.
03
Administrator - At least one administrator; non-residents can serve, and we support with local presence where useful.
04
Capital - €3,000 - Deposited to a capital account before the notary deed; released to the company after registration.
05
Registered address - An Andorran seat for the company - included in our package.
06
Accounts & filings - Annual accounts and corporate-tax returns are real and audited above thresholds. Our accountants carry them.
How it works

From application to a live company in weeks.

Everything runs through our lawyers, the Govern and a notary in Andorra la Vella - remote where possible, with one planned visit for banking in most cases.Authorisation, capital, notary, registrations: remote where the law allows, one planned visit for banking.

01
Free consultation

We confirm Andorra fits your case. And say so plainly if a faster flag serves the goal better.

Same day
02
KYC & application

Passports, CV and business plan for the foreign-investment file; name reservation in parallel.

1 week
03
Government authorisation

The Govern clears the foreign shareholder(s).

2-4 weeks
04
Capital & notary

Capital account opened, €3,000 deposited, the deed signed before the notary.

1-2 weeks
05
Registrations

Company registry, NRT tax number, IGI where applicable.

1 week
06
Banking

Operating account activated. Typically around one scheduled visit.

1-3 weeks
Quick facts
Legal formSL
Shareholders1+, any nationality
Corporate tax10%
IGI (VAT)4.5%
Standard timeline4-8 weeks
Capital€3,000 - stays yours
Renewal & accountingFrom €2,500/year

The authorisation step is why Andorra can't be rushed - and why the flag stays clean. We run every stage in parallel that the law allows.

On the ground

On the ground in Andorra.

Prifinance - Andorra
Andorra la Vella
Andorra la Vella, Andorra
+44 748 881 18 54info.en@prifinance.com
Mon-Fri · replies within one business day
01
Microstate specialists

Your setup is run by a team that files Andorran authorisations and incorporations every month.

02
Govern & notary handled

Foreign-investment file, deed and registrations. Prepared correctly the first time.

03
Banking that opens

We prepare the KYC file Andorran banks expect and schedule the meetings around one visit.

04
Also in Tallinn, London, Dubai & more

A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.

We also have offices in
Estonia
Tallinn
Estonia
Roseni 13
+372 602 65 11
Hong Kong
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
+852 5808 0297
Lithuania
Vilnius
Lithuania
Gedimino pr. 2
+370 520 738 81
United Kingdom
London
United Kingdom
7 Bell Yard
+44 748 881 18 54
Czech Republic
Prague
Czech Republic
Vlkova 532/8, Žižkov
Germany
Berlin
Germany
Rankestraße 26
Portugal
Madeira
Portugal
Rua da Alegria 31, 1F
+351 300 528 936
Hungary
Budapest
Hungary
Korányi Sándor u. 4
+36 18 001 911
Türkiye
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
+90 212 900 47 64
UAE
Dubai
UAE
33 Level, Al Saqr Business Tower
+971 800 0321096
Canada
Toronto
Canada
1110 Finch Avenue West, suite 406
+1 416 613 7311
Singapore
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Thailand
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
China
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Kazakhstan
Almaty
Kazakhstan
Republic Square 13
+7 717 269 59 04
Kyrgyzstan
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026

Ten percent, and quiet about it.

Andorra taxes company profits at a flat 10%. IGI, the local VAT, runs at 4.5%; dividends distributed from taxed Andorran profits reach shareholders without further Andorran tax; and if you take residency, personal income tax caps at 10% with the first tranches at zero. No wealth tax, no inheritance tax.10% on profits, 4.5% IGI, no further Andorran tax on dividends, personal cap at 10% for residents. No wealth or inheritance tax.

Corporate tax - 10%

Flat on worldwide profits of the Andorran company; treaty network growing across Europe.Flat on company profits.

Dividends

Andorran-source dividends carry no further Andorran tax for shareholders. Resident or not.No further Andorran tax.

IGI - 4.5%

Europe's lowest consumption tax; reduced and zero rates for essentials and exports.Reduced rates below that.

Personal - capped at 10%

Residents pay 0% up to €24k, 5% to €40k, 10% above. The founder relocation case in one line.Zero on the first €24k.

Levies in 2026
Corporate income tax10%
Dividends (Andorran-source)0% further tax
IGI (VAT)4.5%
Personal income tax0-10%
Wealth / inheritance taxNone
Renewal & accountingFrom €2,500/year

Non-resident owners remain taxable at home on distributions, unless they take the two-hour drive and the residency card. We arrange both.

Your team

The specialists who'll handle your case.

Dmitri Mihhailov
Dmitri Mihhailov
Managing Partner

Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.

Eugeniu Bevziuc
Eugeniu Bevziuc
International Business Consultant

Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.

Alex Danila
Alex Danila
Corporate Services Specialist

Handles incorporation paperwork, KYC and bank introductions so your Andorran company launches without delays.

Follow Prifinance

Active across our channels.

Europe's 10% microstate - authorisation, deed, bank and residency in one project, with the timeline told straight. Full support, start to finish.

Talk to a specialist →
FAQ

The Andorran questions, one by one.

Can I open an Andorran company without visiting?+

Mostly. The authorisation, deed and registrations can run on powers of attorney; banking is the exception, since Andorran banks almost always want one in-person meeting. We compress everything into a single planned visit, and some private-bank tracks can waive even that.

How much does it cost?+

Turnkey registration starts from €3,500 including the foreign-investment authorisation, notary and first-year address. With an Andorran bank account arranged, packages start from €5,900. The €3,000 share capital stays in the company, and renewals with accounting run from €2,500 a year.

What is the foreign-investment authorisation?+

Andorra screens every non-resident shareholder before incorporation: a file with passports, CV and business plan goes to the Govern, and approval typically takes two to four weeks. It is the step that makes Andorra slower than its neighbours, and the reason the flag stays clean. We prepare files that pass first time.

What taxes will the company pay?+

A flat 10% on profits, with IGI at 4.5% on local supplies (exports effectively outside it). Dividends from taxed profits reach you without further Andorran tax. There is no wealth or inheritance tax. We model your numbers, including your home-country side, before you commit.

Why do people move to Andorra?+

Because the personal package matches the corporate one: income tax capped at 10% (zero on the first €24,000), no wealth tax, alpine living two hours from Barcelona. Active residency suits founders running their SL; passive residency suits investors. We run company and residency as one project - our most requested Andorran combination.

How is banking after the clean-up?+

Serious and strict, in a good way. Andbank, MoraBanc and Creand operate at private-bank standard, CRS-compliant, euro-native. Expect deep KYC: source of funds, business substance, and usually a face-to-face meeting. We build the file to that standard before any application goes in.

Is Andorra still a tax haven?+

No, and that is the point. Andorra exchanges information under CRS, sits on no serious blacklist, and its banks answer to European correspondent standards. What remains is a legitimately low-tax system: 10/10/4.5. Structures that needed secrecy died in 2015; structures that need low, clean rates thrive.

Andorra or Monaco / Liechtenstein?+

Monaco zeroes personal tax but charges up to 25% on company profits and famously expensive living. Liechtenstein offers AAA institutions and EEA access at 12.5% with higher costs. Andorra is the balanced play: 10% for the company and 10% for you, at a cost of living the other two can't match. Your numbers make the call, and we run them.

What about crypto and digital assets?+

Andorra has a digital-assets framework and an active regulator (AFA); licensing for exchange and custody actors is possible but bespoke, and banks remain selective about crypto flows. For pure crypto ventures we compare Andorra against dedicated regimes before committing - sometimes elsewhere wins, and you'll hear it from us first.

How long does it take?+

Plan 4-8 weeks end to end: about a week to build the file, two to four for the Govern's authorisation, then capital deposit, notary deed and registrations, with banking finalised around one visit. Not fast, deliberately. We run every parallel track the process allows.

Client notes
Google4.7★★★★★

Founders who wanted it done right.

Google4.7★★★★★
★★★★★Google
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
K N
K N
Google
★★★★★Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Mina Kedis
Mina Kedis
Google
★★★★★Google
“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”
Юрий Валерьевич
Юрий Валерьевич
Google
★★★★★Google
“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”
Anna Anna
Anna Anna
Google
★★★★★Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Анастасия Одокиенко
Анастасия Одокиенко
Google
★★★★★Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Maria Jose Santome
Maria Jose Santome
Google
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Describe your plans, and a specialist replies within one business day with a recommendation (SL, SL plus residency, or a different flag), a timeline and a fixed quote.An Andorra specialist replies within one business day with a recommendation, a timeline and a fixed quote.

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