What conditions are necessary to create a company in the Principality of Andorra?
For the incorporation of your limited company (S.L. Societat Limitada, equivalent to a LTD, the following should be taken into account:
• Corporate name :
The corporate name (denomination) which you choose will be subjected to the acceptance of the companies supervising authority.
• Registered office :
The registered office of your company must imperatively be located in the Principality of Andorra.
• Company's Object :
It must be given so that the company can exert as much as possible all the activities present and future.
• Authorized capital :
The authorized capital is of a minimum amount of 3,000 EUR. The capital can be deposited in cash.
• Private Limited Company Shares :
Minimum 1 partner (SLU); from 2 partners to a maximum of 10 partners: SL. The holders of shares can be natural persons or companies.