Foreign Investment
We help you to set up a business in Andorra: from the initial feasibility study and obtaining authorisations, to opening a bank account, hiring personnel.
| Type | Definition |
|---|---|
| Direct foreign investment |
|
| Real Estate investment | Investments to be made by purchasing a property and/or other in-rem property rights. No commercial premises. |
| In portfolio | Subscription of debt securities on loans issued by individuals who are residents of Andorra and Andorran legal entities, and the subscription of shares and preferred stock. |
| Other types |
Participation in contracts, joint accounts, foundations, cooperatives and community estates. |
- Reservation of company name
- Creation of client dossier with all documentation required and duly legalised/stamped with Apostille/translated
- Submission to government of the Foreign Investment Application, pursuant to Law 10/2012 and implementing regulations
- Preparation of Client Compliance Dossier and initial contact with the country’s banks
- Search for a house and/or company premises
- Writing of articles of incorporation for submission when setting up a company
- Opening of bank account, deposit of capital stock and subsequent obtaining of bank certificate
- Notarisation of the company’s articles of association
- Registering in Tax Registry and obtaining of Tax Registration Number
- Reservation of trade name
- Obtaining of electric installation bulletin and fire extinguisher maintenance agreement
- Registration of business in pertinent district (comú)
- Registration with Andorran Social Security
- Procedures with FEDA, Andorra Telecom, etc.
- Support in hiring personnel, promoting the business, search for local alliances, etc.
Consulting other IDEAND management services in Andorra
For individuals:
- Photocopy of passport or DNI (ID) duly legalised and/or bearing Apostille
- Extract of criminal records from country of origin and/or last residence, duly legalised or bearing Apostille
- Business Plan according to government format + curriculum vitae
For legal entities:
- Photocopy legalised or bearing Apostille of the articles of incorporation
- Photocopy of passport of company representatives or attorneys holding powers legalised or bearing Apostille
- Photocopy of power of attorney of company representatives or power of attorneys legalised or bearing Apostille
- Extracts of criminal records from country of origin and/or last residence, of company representatives or attorneys holding powers duly legalised or bearing Apostille
- Two copies of the board certificate agreeing to the foreign investment being applied for
- Certificate from Commercial Registry + articles of incorporation bearing Apostille + record of real ownership
