About Andorra
Andorra is a tiny but unique country located in the Eastern Pyrenees between France and Spain. Despite its small size, its area is only 468 km2, the country attracts many tourists and expats due to its natural beauty, high standard of living and favorable conditions for business. The capital of Andorra is Andorra la Vella and the official language is Catalan. However, Spanish, French and Portuguese are widely spoken in the country. Although Andorra is not officially a member of the European Union, the euro is used as the official currency, which simplifies financial transactions for residents and tourists.
One of the key features of Andorra is its magnificent mountain scenery and numerous sporting opportunities. In winter, the country becomes a popular destination for skiing. There are many ski resorts in the country, such as Vallnord and Grandvalira. In summer, Andorra becomes a destination for hiking, cycling and other outdoor activities, making it an ideal destination for outdoor enthusiasts all year round.
For history buffs, this small country is also of great interest. For many centuries this country has maintained its independence and remained protected from major European conflicts, which has allowed it to preserve a rich cultural heritage. In the architecture and traditions of Andorra you can see the influence of both Catalan and French cultures. You can find many ancient churches, museums, and cultural sites that provide evidence of the principality’s ancient history and traditions.
One of the most significant advantages of Andorra is the high level of security in the country. The country is considered one of the safest places in Europe, with virtually zero crime rates. This is especially important for families and people who value tranquility and comfortable living. In addition, the health care system in Andorra is considered one of the best in Europe. Medical services are characterized by a high level of professionalism, and the presence of both local educational institutions and international schools makes Andorra an attractive destination for families with children, providing them with a quality education and a safe living environment.
Advantages for doing business
Andorra attracts entrepreneurs and investors due to its highly favorable tax system with minimal tax rates, making it one of the most attractive places to do business in Europe. There is no tax on dividends and in some cases on capital gains, and corporate tax varies from 2% to 10%.
Its geographical location between France and Spain makes Andorra an excellent base for traveling around Europe and doing business. Its proximity to cities such as Barcelona and Toulouse, which are only a few hours away, makes the country convenient for business and short-term travel. Although Andorra is not part of the EU, its residents can cross the borders of France and Spain without hindrance, making it much easier to travel around the region.
Thus, Andorra is an ideal destination for those seeking privacy and tranquility, attractive tax conditions and proximity to nature. The country offers a high level of security, excellent opportunities for active recreation and sports, as well as favorable conditions for business, making it an excellent choice for moving and living.
Popular types of residence permits in Andorra:
Our services in Andorra
Investments in Andorra
Our real estate experts will find you a residential property in any region of Andorra. If you are interested in building a new house, our partner can build you a house according to an individual design plan.
Our team includes only the best commercial real estate experts in Andorra. We advise on everything from renting commercial premises and offices in Andorra to buying commercial real estate, warehouses, hotels and other commercial properties.
Residence permit, permanent residence in Andorra
Entrepreneurs and businessmen after opening a company in Andorra can apply for a long-term residence permit, both for the founders of the company and for their family members. The main stage is the competent preparation of all the necessary documents to obtain a residence permit card for the purpose of doing business in the country.
Entrepreneurs who decide to open a sole proprietorship in Andorra can apply for a long-term residence permit for both the main applicant and his family members.
Family members of third-country nationals may reunite with the principal applicant for the purpose of living together in Andorra.
Upon enrollment in Andorra's higher education institutions, students receive a long-term residence permit for the purpose of study, and students may also work in the country for a certain number of hours per week.
After five years of residence in Andorra, a third-country national can apply for an Andorran European permanent residence permit.
Business in Andorra
We register all types of companies in Andorra: Societat Limitada, Societat Anònima and other forms of ownership.
Our tax experts and accountant will advise you on tax issues in Andorra, both for individuals and legal entities.
We will find you a ready-made company with a good history and an open commercial bank account.
We will assist you in opening a commercial account in Andorran banks, as well as with bank compliance.
Our team provides a full range of accounting services for businesses in Andorra.
Opening accounts with banks in Andorra
Our experts will assist you in opening personal accounts with the best Andorran and European banks.
Our experts will assist you in opening commercial accounts with the best Andorran and European banks.
including mediation services.
Photos taken from free Internet sources.
The photo shows Timur Igamnazarov, CEO of IST Hungary, in Andorra la Vella, September 2024.
IST Hungary - full range of consulting services in Andorra
IST Hungary is a Hungarian international consulting company that provides services to foreign nationals from all over the world:
Business organization and banking services
- Company registration in Andorra
- Assistance in opening commercial accounts with banks in Andorra and other countries
- Advice on increasing sales and business partnerships
- Analytical services
Financial and legal services
- Full accounting support
- Tax optimization
- Advice on Andorran tax legislation
- Comprehensive legal support for contracts between European companies
- Support of legal transactions
Migration services
- Business immigration consulting
- Assistance in obtaining visas, residence permits and citizenship
- Advice on long-term stay in Andorra
- Support for employers in obtaining work permits for foreign employees
Real estate services
- Advice on purchasing residential and commercial real estate in Andorra
- Legal support for real estate transactions
- Construction consulting, including design and construction of factories
Investment services
- Attracting entrepreneurs and major investors to Andorra
- Marketing consulting
- Development of strategic partnerships
including intermediary services.