Andorran accounting firm specializing in Starting a business and Tax optimization

Once all the required documents have been gathered, our business center starts the procedures with the government of the Principality of Andorra. Our staff are bilingual to ensure efficient communication with the authorities and to follow all administrative formalities which are in Catalan.

Analysis of your file takes between 4 and 8 weeks. Once approved by the Andorran authorities, we can help you withopening a local bank account to deposit your capital. Then you go to a notary accompanied by one of our staff to finalize the setting up your company.

Visit your company's creation is finalized when the Andorran government issues the company registerwhich is the equivalent of the Kbis in France. In all, it takes an average of 2 months to open a company.

Setting up an asset management company at Principality of Andorra can offer many opportunities for investors, such as

1. Real estate investment : A société patrimoniale is ideal for owning and managing real estate properties. Investors can use this structure to buy, manage and rent out rental properties or second homes.

2. Tax advantages : Andorra offers a favorable tax environment for property companies, including a corporate income tax exemption for property companies that own real estate.

3. Asset protection : A patrimonial company protects the owners' assets by separating them from commercial risks. In the event of legal action or commercial debts, the assets of the patrimonial company are generally not involved.

4. Ease of management : Setting up an asset management company enables you to centralize the management of several real estate properties in a single legal structure, making it easier to manage finances and rental property.

5. Transferability : Property companies can be used to pass on real estate assets across generations.

It is important to note that setting up an asset management company at Principality of Andorra requires specific knowledge in terms of residence and taxationThis is why it is advisable to call on a specialist company such as RLG ANDCAPITAL to guide investors through the various stages of setting up their asset management company in compliance with current standards.