{"id":9542,"date":"2024-06-26T10:34:08","date_gmt":"2024-06-26T08:34:08","guid":{"rendered":"https:\/\/and-capital.com\/societe-civile-patrimoniale-ou-immobiliere-laquelle-choisir\/"},"modified":"2024-06-26T10:34:08","modified_gmt":"2024-06-26T08:34:08","slug":"which-should-you-choose","status":"publish","type":"post","link":"https:\/\/and-capital.com\/en\/which-should-you-choose\/","title":{"rendered":"Soci\u00e9t\u00e9 Civile Patrimoniale or Soci\u00e9t\u00e9 Civile Immobili\u00e8re: Which to choose?"},"content":{"rendered":"<p>Are you looking for the best way to manage your real estate assets in Andorra? Soci\u00e9t\u00e9s civiles patrimoniales (SCP) and soci\u00e9t\u00e9s civiles immobili\u00e8res (SCI) are two interesting options. While they share many points in common, these legal structures do have some notable differences. To help you make the right choice, AND Capital, specialists in the field of <a href=\"https:\/\/and-capital.com\/en\/setting-up-a-company-in-andorra\/\">setting up a company in Andorra<\/a> and the<a href=\"https:\/\/and-capital.com\/en\/tax-optimization-andorra\/\">tax optimization<\/a>explains everything you need to know.<\/p>\n    \n    \n    \n    <h2 class=\"wp-block-heading\">SCP and SCI: privileged vehicles for wealth management<\/h2>\n    \n    \n    \n    <p>In Andorra, as in France, non-trading property companies (soci\u00e9t\u00e9s civiles patrimoniales et immobili\u00e8res) offer great flexibility for <strong>managing and transferring assets<\/strong>while benefiting from<a href=\"https:\/\/and-capital.com\/en\/tax-benefits-in-andorra\/\">tax benefits<\/a> not insignificant. But what are their respective specificities?<\/p>\n    \n\n    \n    <h3 class=\"wp-block-heading\">Soci\u00e9t\u00e9 civile patrimoniale (SCP)<\/h3>\n    \n\n    \n    <p>A close cousin of the SCI, the SCP makes it possible to <em>manage real estate and other assets<\/em>. Its corporate purpose is therefore broader:<\/p>\n    \n    \n    \n    <ul class=\"wp-block-list\">\n      <li>Securities portfolio management<\/li>\n      <li>Investments in various sectors<\/li>\n      <li>Real estate ownership and management<\/li>\n    <\/ul>\n    \n        \n    \n    <h3 class=\"wp-block-heading\">Soci\u00e9t\u00e9 civile immobili\u00e8re (SCI)<\/h3>\n    \n\n    \n    <p>The purpose of an SCI is to <strong>renting or managing real estate assets<\/strong>. Its scope of action is therefore narrower than that of the SCP :<\/p>\n    \n\n    \n    <ul class=\"wp-block-list\">\n      <li>Furnished and unfurnished rentals<\/li>  \n      <li>Construction of buildings for resale<\/li>\n      <li>Managing property assets without joint ownership<\/li>\n    <\/ul>\n    \n\n    \n    <h3 class=\"wp-block-heading\">Common advantages of SCP and SCI<\/h3>\n    \n\n    \n    <p>These two types of company offer several advantages:<\/p>\n    \n\n    \n    <ul class=\"wp-block-list\">\n      <li>No minimum capital requirement<\/li>\n      <li>Great freedom in drafting the articles of association<\/li> \n      <li>Preservation and easier transfer of assets<\/li>\n      <li>Possibility of successive gifts of shares<\/li>\n    <\/ul>\n    \n\n    \n    <blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n      <p>Setting up an SCP or SCI in Andorra combines management flexibility with tax optimization.<\/p>\n      <cite>- The AND Capital team<\/cite>\n    <\/blockquote>\n    \n\n    \n    <h3 class=\"wp-block-heading\">Limits to take into account<\/h3>\n    \n\n    \n    <p>Despite their many advantages, SCP and SCI also have a few drawbacks:<\/p>\n    \n\n    \n    <ul class=\"wp-block-list\">\n      <li>Corporate purpose limited to civil activities (no commercial scope)<\/li>\n      <li>Taxation of associates' income (unless option for corporate income tax)<\/li>\n      <li>More complex procedure if a property is contributed to the capital<\/li>\n    <\/ul>\n    \n\n    \n    <h3 class=\"wp-block-heading\">Choosing between SCP and SCI<\/h3>\n    \n\n    \n    <p>To choose the right legal status, analyse the composition of your assets:<\/p>\n    \n\n    \n    <ul class=\"wp-block-list\">\n      <li>Real estate only \u27a1\ufe0f Prefer SCI (non-trading real estate company)<\/li>\n      <li>Diversified assets \u27a1\ufe0f opt for an SCP instead<\/li>\n    <\/ul>\n    \n\n    \n    <p>In all cases, the experts at<a href=\"https:\/\/and-capital.com\/en\/\">AND Capital<\/a> advise and support you every step of the way. <a href=\"https:\/\/and-capital.com\/en\/expatriation-to-andorra\/\">expatriation to Andorra<\/a>the <a href=\"https:\/\/and-capital.com\/en\/setting-up-an-offshore-company-in-andorra\/\">setting up an offshore company<\/a> to the <a href=\"https:\/\/and-capital.com\/en\/residence-active-andorre\/\">request for active residence<\/a>. With their help, you can create the structure best suited to your needs for <strong>manage and pass on your assets with complete peace of mind<\/strong>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Les soci\u00e9t\u00e9s civiles patrimoniales (SCP) et immobili\u00e8res (SCI) permettent une gestion optimis\u00e9e de votre patrimoine en Andorre. D\u00e9couvrez leurs diff\u00e9rences, avantages et inconv\u00e9nients pour faire le bon choix avec l&rsquo;aide d&rsquo;AND Capital, cabinet d&rsquo;experts en cr\u00e9ation de soci\u00e9t\u00e9s et optimisation fiscale en Andorre.<\/p>","protected":false},"author":2,"featured_media":9541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173,171],"tags":[296,140,367,368,297],"class_list":["post-9542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conseils-pour-entreprises","category-gestion-fiscale","tag-gestion-patrimoine","tag-optimisation-fiscale","tag-sci-andorre","tag-scp-andorre","tag-transmission-actifs"],"aioseo_notices":[],"featured_image_src":{"landsacpe":["https:\/\/and-capital.com\/wp-content\/uploads\/2024\/06\/societe-civile-patrimoniale-ou-immobiliere-laquelle-choisir--1140x445.jpeg",1140,445,true],"list":["https:\/\/and-capital.com\/wp-content\/uploads\/2024\/06\/societe-civile-patrimoniale-ou-immobiliere-laquelle-choisir--463x348.jpeg",463,348,true],"medium":["https:\/\/and-capital.com\/wp-content\/uploads\/2024\/06\/societe-civile-patrimoniale-ou-immobiliere-laquelle-choisir--300x169.jpeg",300,169,true],"full":["https:\/\/and-capital.com\/wp-content\/uploads\/2024\/06\/societe-civile-patrimoniale-ou-immobiliere-laquelle-choisir-.jpeg",1280,720,false]},"_links":{"self":[{"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/posts\/9542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/comments?post=9542"}],"version-history":[{"count":0,"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/posts\/9542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/media\/9541"}],"wp:attachment":[{"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/media?parent=9542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/categories?post=9542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/and-capital.com\/en\/wp-json\/wp\/v2\/tags?post=9542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}