Establishing a société civile immobilière (SCI) can be an ideal solution for a variety of real estate asset management scenarios. At RLG AND CAPITAL, we specialize in providing tax and legal advisory services to help you understand the ins and outs of setting up an SCI. Here's an overview of the benefits of creating an SCI.
An SCI, or Société Civile Immobilière, is a legal entity specifically designed for the management and ownership of real estate assets. Although there are many different types of SCI, they all offer similar advantages in terms of property management.
One of the main advantages of setting up an SCI is the ease with which you can manage your real estate assets. Within your SCI, you can manage your properties collectively, which can simplify the division of rental income, for example.
An SCI can also facilitate the transfer of real estate assets. By placing your real estate assets within an SCI, you can transfer shares rather than real estate, which can reduce transfer costs and facilitate the overall process.
SCIs can also offer tax advantages. For example, depending on the tax regime chosen for the SCI, you may be able to reduce taxes on profits. What's more, if you use your SCI to rent out property, you can deduct certain expenses from your rental income.
This is where choosing the right partner to help you set up and manage your SCI becomes essential. At RLG AND CAPITALWe offer a full range of services, from setting up a company in Andorra to opening bank and offshore accounts. Our experts are fully aware of Andorra's tax advantages and are ready to help you make the most of your SCI.
There are many advantages to setting up your SCI in Andorra. With its business-friendly legislation and advantageous tax framework, Andorra is an excellent choice for those looking to maximize their property investments.
With RLG AND CAPITALSetting up an SCI in Andorra is simple and effective. Our services will give you access to all the advantages of active and passive tax residency in Andorra. As a business center located in Andorra, we are at the heart of this dynamic and constantly evolving country.
Setting up an SCI offers many advantages. Whether you're looking to simplify the management of your real estate assets, facilitate their transfer, or benefit from tax advantages, an SCI may be the solution you're looking for. At RLG AND CAPITALWe're ready to help you navigate the process of setting up your SCI. Our goal is to provide you with the support you need to make the most of your real estate investments.
