Setting up a company in Andorra: the guide for a French resident
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The short answer
Setting up a company in Andorra requires an authorisation, the choice of a legal form (most often an SL or an SA), share capital, a real place of activity and a bank account. The substance of the activity is essential for the bank, the administration and the French tax authorities.
Where to start
- Choose the legal form.
- Follow the setup steps.
- Settle the question of the registered office.
- Open the company bank account.
- Choose a gestoria.
Special cases
- You have a French company: transfer its SARL.
- You manage assets: holding company in Andorra and participation exemption.
- You do not live in Andorra: set up a company without residing there.
Key points of a company setup
| Topic | Benchmark |
|---|---|
| Minimum capital | 3,000 €verified on 09/10/2026 for an SL, 60,000 €verified on 09/10/2026 for an SA |
| Corporate income tax | 10 %verified on 09/10/2026 |
| Foreign investment authorisation | Decision within 2 monthsverified on 09/10/2026, silence = refusal |
| Annual accounts | Drawn up within 6 monthsverified on 12/10/2026, filed within 1 monthsverified on 12/10/2026 after approval |
Four big questions
- Which structure? Legal forms, holding company or an SL alone: holding or SL.
- Do I have to reside there? Set up a company without residing there.
- Which activity? The 20 activities.
- Which country for a holding company? Comparison of 9 countries.
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Frequently asked questions
Can a foreigner own an Andorran company?
The foreign investment rules have been relaxed, but conditions and authorisations may still apply depending on the activity. Check the regime that applies to your project.
How long does it take to set up a company?
Indicative, verified timeframe: see the table on the steps page.
Which form should I choose?
The SL (limited liability company) is the most common form for small structures, the SA for larger projects. See the guide to legal forms.
What share capital is needed to set up a company in Andorra?
3,000 € for an SL and 60,000 € for an SA.
Do I need to live in Andorra to set up a company?
Not legally, but a non-resident partner must obtain prior foreign investment authorisation.
Going further
Official sources
This information is general and is not personalised legal, tax or financial advice. It is verified as of the date shown and may change.