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Andorra

Europe ยท AD ยท AND ยท Principality of Andorra
10.00%
CORP TAX
6.1/10
TRUST
3/5
BANKING
60โ€“60 days
SETUP

TAXATION

Corporate Tax10.00%
Personal Income Tax10.00%
Capital Gains Tax10.00%
VAT / GST4.50%
Withholding Tax0.00%
Territorial TaxationNo
CFC RulesYes
Tax Treaties8
Transfer PricingYes
Tax-Free ZonesNo
Crypto TaxUnclear

FORMATION

Govt Registration Fee$1, 100
Annual Renewal Fee$935
CSP Fee (Low)$5, 950
CSP Fee (High)$13, 685
Annual Maint (Low)$2, 500
Annual Maint (High)$5, 000
Timeline60โ€“60 Days
Online RegistrationYes
Min Directors1
Min Shareholders2
Local DirectorNo
Local SecretaryNo

BANKING & COMPLIANCE

Banking Ease3/5
Privacy Index3
Audit RequiredYes
Annual FilingYes
BO RegisterNo
UBO DisclosureYes
FATCA CompliantYes
AEOI ParticipantYes
Correspondent BankingGood
Crypto RegulationUnclear
Digital BankingGood Digital Banking Options Available From Major Banks.

SUITABILITY SCORES

Overall Trust6.1/10
Holding Company3/5
Trading Company4/5
IP Holding3/5
Startup4/5
Crypto4/5
Asset Protection5/5
Top IndustriesTourism, Retail, Finance
Digital Nomad VisaYes
Residency by IncorpYes
Citizenship by InvestNo

incorporator AI Assessment

AUTOMATED ANALYSIS ยท ANDORRA
MODERATE

Andorra is a Europe jurisdiction offering low corporate tax at 10% with strong reputation (trust score: 6.3/10). Company registration typically takes 60โ€“60 days with formation costs ranging from $5950.00 to $13685.00. Banking ease is rated 3/10.

ADVANTAGES
  • +Low corporate tax rate
  • +Established corporate framework in Europe
  • +Access to regional markets and trade agreements
DISADVANTAGES
  • โˆ’Challenging banking environment for foreign companies
  • โˆ’Lengthy registration process
  • โˆ’High formation and maintenance costs
BEST FOR
Holding companiesTech startupsTax optimization
RISK FACTORS
Difficulty opening and maintaining bank accountsRegulatory changes may affect tax and compliance obligations

AI-GENERATED ASSESSMENT ยท NOT LEGAL OR FINANCIAL ADVICE ยท VERIFY WITH QUALIFIED PROFESSIONALS

ENTITY TYPES

Limited Liability Company
LLC
limited

Standard limited liability entity for small and medium businesses.

Timeline: 7โ€“12d
Compliance: medium
Min shareholders: 1
Min directors: 1
HoldingTrading
LAST UPDATED FEB 22, 2026
Joint Stock Company
JSC
limited

Public or private corporation with shares.

Timeline: 3โ€“17d
Compliance: high
Min shareholders: 1
Min directors: 3
HoldingTradingIP
LAST UPDATED FEB 22, 2026
Sole Proprietorship
SP
unlimited

Individual business entity with unlimited personal liability.

Timeline: 1โ€“15d
Compliance: low
Min shareholders: 1
Min directors: 1
Trading
LAST UPDATED FEB 22, 2026
Branch Office
BO
parent

Extension of a foreign company operating locally.

Timeline: 6โ€“10d
Compliance: medium
Min shareholders: 1
Min directors: 1
Trading
LAST UPDATED FEB 22, 2026

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