Advantages of the incorporation of a company in Andorra
Along with the advantages of residents in Andorra listed above, the new Andorran economic model grants non-residents the possibility of setting up a company with 100% foreign capital, prior approval by the Government.
The new tax system has allowed a standardization of Andorran taxation at an international level which has lead Andorra to cease being considered a tax-haven, despite its low taxation regime.
General taxation on corporate profits is 10%. However, there are price allowances and reductions for certain activities that can result in a 2% effective rate, as shown in the diagram in the following page.
The process followed for the incorporation of a company will depend on the type of company, shareholders, activity, share capital and others.
Our firm specializes on the subject and has set up all types of companies, from small ones to wealth management or holding ones which entail a more complex process.
International trade structure based in Andorra
Yu-An Corporation has the experience, knowledge and strategy required to avoid conflicts with jurisdictions of origin and related party transactions.