Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.
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.
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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.
Andorran company - cost & packages.
Company
Remote-led registration of an Andorran SL - foreign-investment authorisation, notarised deed, company and tax registration, first year of the registered address included.
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 →Company + Bank Account
A working SL with an Andorran bank account - euro balances, cards and private-bank-grade online banking, arranged around one planned visit.
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.
Founders and creators invoicing worldwide at 10%, often pairing the company with residency.
Family holdings under a clean, CRS-compliant microstate flag with euro banking.
EU-adjacent trade with the customs union for goods and Europe's lowest IGI.
The classic Andorran resident-athlete structure, done compliantly.
Ski, retail and hospitality in a country of 8 million annual visitors.
Investment firms and digital-asset actors under AFA licensing.
Worldwide invoicing at 10%.
Clean microstate flag, euro banks.
Customs union, lowest IGI.
The resident-athlete classic.
8 million visitors a year.
AFA licensing.
Key advantages of the jurisdiction.
A flat headline rate among Europe's lowest. No rulings or regimes required.Flat, no regimes needed.
The continent's lowest consumption tax. Margin kept at the till.Europe's lowest consumption tax.
Move in and your worldwide income tax tops out at 10%. The full founder package.The relocation case in one line.
CRS-compliant, off the haven lists, euro accounts in serious private banks.CRS-compliant private banks.
Alpine safety, Barcelona and Toulouse two hours away. A flag you can actually live under.Alps, two hours to Barcelona.
Centuries of constitutional quiet and a government that answers the phone.Centuries of constitutional quiet.
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.
| Country | Corporate tax | Personal top rate | Signature edge |
|---|---|---|---|
| Andorra | 10% | 10% | Company + life at 10% |
| Monaco | 25% | 0% | Personal zero, corporate no |
| Liechtenstein | 12.5% | ~24% | AAA · EEA access |
| Gibraltar | 15% | 25%+ | UK-linked, territorial |
| San Marino | 17% / 8.5% new | 12-35% | New-company discounts |
What Andorran law actually demands.
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.
We confirm Andorra fits your case. And say so plainly if a faster flag serves the goal better.
Passports, CV and business plan for the foreign-investment file; name reservation in parallel.
The Govern clears the foreign shareholder(s).
Capital account opened, €3,000 deposited, the deed signed before the notary.
Company registry, NRT tax number, IGI where applicable.
Operating account activated. Typically around one scheduled visit.
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 in Andorra.

Your setup is run by a team that files Andorran authorisations and incorporations every month.
Foreign-investment file, deed and registrations. Prepared correctly the first time.
We prepare the KYC file Andorran banks expect and schedule the meetings around one visit.
A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.
















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.
Flat on worldwide profits of the Andorran company; treaty network growing across Europe.Flat on company profits.
Andorran-source dividends carry no further Andorran tax for shareholders. Resident or not.No further Andorran tax.
Europe's lowest consumption tax; reduced and zero rates for essentials and exports.Reduced rates below that.
Residents pay 0% up to €24k, 5% to €40k, 10% above. The founder relocation case in one line.Zero on the first €24k.
Non-resident owners remain taxable at home on distributions, unless they take the two-hour drive and the residency card. We arrange both.
The specialists who'll handle your case.
Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.
Handles incorporation paperwork, KYC and bank introductions so your Andorran company launches without delays.
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 →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.
Founders who wanted it done right.
“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…”

“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”

“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.”

“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…”

“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…”

“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!”

Other jurisdictions & licenses.
Start your Andorran company today.
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.