{"id":2096,"date":"2024-06-10T04:22:48","date_gmt":"2024-06-10T04:22:48","guid":{"rendered":"https:\/\/crowdytheme.com\/wp\/arolax\/inner-pages\/?page_id=2096"},"modified":"2025-11-17T00:30:47","modified_gmt":"2025-11-17T00:30:47","slug":"faq","status":"publish","type":"page","link":"https:\/\/prodigiadvisor.com\/en\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2096\" class=\"elementor elementor-2096\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58d6b4a e-flex e-con-boxed e-con e-parent\" data-id=\"58d6b4a\" data-element_type=\"container\" data-settings=\"{&quot;wcf_enable_cursor_hover_effect_text&quot;:&quot;View&quot;,&quot;wcf-animation&quot;:&quot;none&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-c059fbb e-con-full e-flex e-con e-child\" data-id=\"c059fbb\" data-element_type=\"container\" data-settings=\"{&quot;wcf_enable_cursor_hover_effect_text&quot;:&quot;View&quot;,&quot;wcf-animation&quot;:&quot;none&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cf29e0a elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget-mobile_extra__width-initial elementor-widget elementor-widget-wcf--button\" data-id=\"cf29e0a\" data-element_type=\"widget\" data-settings=\"{&quot;wcf-animation&quot;:&quot;fade&quot;,&quot;data-duration&quot;:0.75,&quot;fade-offset&quot;:40,&quot;delay&quot;:0.15,&quot;on-scroll&quot;:1,&quot;fade-from&quot;:&quot;bottom&quot;,&quot;ease&quot;:&quot;power2.out&quot;}\" data-widget_type=\"wcf--button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"wcf__btn icon-position-after\">\r\n\t\t\t                <a href=\"#\" class=\"wcf-btn-default btn-hover-none\">\r\n\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"14\" height=\"14\" viewBox=\"0 0 14 14\"><path d=\"M3.49146 0.25V1.5876H11.53L0.9375 12.683L1.83777 13.626L12.4303 2.53061V10.9508H13.7073V0.25H3.49146Z\"><\/path><\/svg>\t\t\t\t\tFrequently asked questions about taxation, residency and businesses in Andorra                <\/a>\r\n\t\t\t\t        <\/div>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e0d203d e-con-full e-flex e-con e-child\" data-id=\"e0d203d\" data-element_type=\"container\" data-settings=\"{&quot;wcf_enable_cursor_hover_effect_text&quot;:&quot;View&quot;,&quot;wcf-animation&quot;:&quot;none&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b4e8653 elementor-widget__width-initial elementor-widget-mobile__width-inherit wcf-t-animation-none elementor-widget elementor-widget-wcf--title\" data-id=\"b4e8653\" data-element_type=\"widget\" data-settings=\"{&quot;wcf-animation&quot;:&quot;fade&quot;,&quot;data-duration&quot;:0.75,&quot;fade-offset&quot;:40,&quot;wcf_text_animation&quot;:&quot;none&quot;,&quot;delay&quot;:0.15,&quot;fade-from&quot;:&quot;bottom&quot;,&quot;ease&quot;:&quot;power2.out&quot;}\" data-widget_type=\"wcf--title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"wcf--title\">Frequently asked question!<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-200f78e e-flex e-con-boxed e-con e-child\" data-id=\"200f78e\" data-element_type=\"container\" data-settings=\"{&quot;wcf_enable_cursor_hover_effect_text&quot;:&quot;View&quot;,&quot;wcf-animation&quot;:&quot;none&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ad41347 elementor-widget__width-initial wcf-t-animation-none elementor-widget elementor-widget-text-editor\" data-id=\"ad41347\" data-element_type=\"widget\" data-settings=\"{&quot;wcf-animation&quot;:&quot;fade&quot;,&quot;data-duration&quot;:0.75,&quot;fade-offset&quot;:40,&quot;wcf_text_animation&quot;:&quot;none&quot;,&quot;delay&quot;:0.15,&quot;fade-from&quot;:&quot;bottom&quot;,&quot;ease&quot;:&quot;power2.out&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Resolve your doubts about employment contracts, setting up a company, residency and taxation in Andorra. Find out the real costs, types of companies, taxes and essential procedures for starting a business or living in the Principality<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc607ea elementor-widget__width-initial elementor-widget elementor-widget-accordion\" data-id=\"dc607ea\" data-element_type=\"widget\" data-settings=\"{&quot;wcf-animation&quot;:&quot;fade&quot;,&quot;delay&quot;:0.45,&quot;data-duration&quot;:0.75,&quot;fade-offset&quot;:40,&quot;fade-from&quot;:&quot;bottom&quot;,&quot;ease&quot;:&quot;power2.out&quot;}\" data-widget_type=\"accordion.skin-wcf-accordion\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <style>\r\n            .wcf--inner--accrodion--body {\r\n                gap: 60px;\r\n                display: -webkit-box;\r\n                display: -ms-flexbox;\r\n                display: flex;\r\n                padding: 0;\r\n                padding-top: 10px;\r\n                padding-bottom: 25px;\r\n            }\r\n\r\n            .elementor-accordion-item {\r\n                overflow: hidden;\r\n                position: relative;\r\n            }\r\n\r\n\r\n        <\/style>\r\n        <div class=\"elementor-accordion\" data-active=\"yes\">\r\n\t\t\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2311\" class=\"elementor-tab-title\" data-active=\"yes\" data-indexkey=\"dc607ea_0\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tHR MANAGEMENT\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2311\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"yes\" data-indexkey=\"dc607ea_0\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2312\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_1\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tHow can I know the real cost of hiring an employee?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2312\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_1\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>The total cost of an employee is not limited to their net salary. In Andorra, social contributions must be added: <strong>6.5% paid by the employee<\/strong> and <strong>15.5% paid by the employer<\/strong>. With these figures, you can calculate the real cost of each hire, or use our calculator to do it automatically.<\/p><p>\ud83d\udd3d <strong>Example calculation:<\/strong><\/p><p>If an employee earns <strong>\u20ac1,800 net<\/strong>, their gross salary will be <strong>\u20ac1,925<\/strong>. The company must then add its 15.5% share <strong>(\u20ac298<\/strong>). The total monthly cost is therefore approximately <strong>\u20ac2,223<\/strong>.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2313\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_2\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhat are the advantages of hiring staff in Andorra compared to other countries?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2313\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_2\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>Social contributions are lower than in Spain, Italy, or France, and the overall tax burden is lighter. This allows companies to offer competitive salaries without excessively increasing labor costs.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2314\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_3\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tADMINISTRATIVE AND CORPORATE MANAGEMENT\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2314\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_3\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2315\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_4\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhat types of administrative procedures can you handle for me in Andorra? \t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2315\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_4\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>We manage a wide range of formalities with the Andorran administration, including:<\/p><ul><li>Installment plans or deferrals of debts with the CASS or the Ag\u00e8ncia Tribut\u00e0ria d\u2019Andorra.<\/li><li>Validation (homologation) of university degrees to work in the country.<\/li><li>Recognition of foreign driving licenses.<\/li><li>Applications for business or commercial activity licenses.<\/li><li>Updates to company bylaws or board meeting minutes.<\/li><li>Management of permits, certificates, or notarial documentation.<\/li><\/ul><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2316\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_5\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tHow long does it take to establish a company in Andorra?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2316\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_5\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>The incorporation process usually takes <strong>between 3 and 6 weeks<\/strong>. It includes several steps: company name reservation, drafting of bylaws, opening a bank account for share capital, registration as a self-employed worker, and obtaining the <strong>NRT (Tax Registration Number)<\/strong>.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2317\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_6\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhat is required to issue invoices?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2317\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_6\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>Once the company is registered, you must have an authorized activity and suitable premises for your business type, as every company must have an official domicile in the country. This phase can take <strong>1 to 3 months<\/strong>, depending on the industry and specific requirements.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2318\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_7\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhat types of companies exist in Andorra and what is the minimum capital required?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2318\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_7\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>There are two main legal structures in Andorra:<\/p><ul><li><strong>Limited Liability Company (SL):<\/strong> the most common choice for entrepreneurs, SMEs, and self-employed professionals. Minimum capital <strong>\u20ac3,000<\/strong>; flexible and accessible. Shareholders\u2019 liability is limited to the capital contributed.<\/li><li><strong>Public Limited Company (SA):<\/strong> designed for larger projects or multiple shareholders. Requires a minimum capital of <strong>\u20ac60,000<\/strong>, to be deposited in an Andorran bank before incorporation. More formal, ideal for high-volume businesses or those seeking investors.<\/li><\/ul><p>Both can be established as single-member entities - <strong>SLU or SAU<\/strong> - allowing one person to be sole shareholder and administrator. <strong>Foreign ownership is allowed up to<\/strong> <strong>100%<\/strong>, subject to foreign investment authorization, which is mandatory for non-residents opening a company in Andorra.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-2319\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_8\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhich documents are required to set up a company?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-2319\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_8\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>Generally: criminal record certificate with apostille, notarized passport copy, CV, business plan, articles of association, and, when applicable, powers of attorney and commercial certificates.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23110\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_9\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tRESIDENCE IN ANDORRA\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23110\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_9\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23111\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_10\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tIs it difficult to find accommodation in Andorra?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23111\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_10\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>The housing market is competitive, but we know the local supply and have direct contacts. We help you find suitable options and formalize legally compliant contracts without complications.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23112\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_11\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tCan I operate from Spain, Italy, or France and own a company in Andorra?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23112\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_11\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>Yes, but your <strong>tax residence<\/strong> will remain in your home country unless you live in Andorra for at least <strong>183 days per year<\/strong> or move your <strong>economic center of interests<\/strong> there. The company will pay taxes in Andorra, but you will still be subject to personal income tax in your home country unless you change your tax residency in accordance with the law.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23113\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_12\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhat is life and climate like in Andorra?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23113\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_12\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>Andorra offers a high quality of life: it\u2019s safe, peaceful, and surrounded by nature, with clean air and a slower pace. The climate is mountainous, with cold, snowy winters (ideal for skiing enthusiasts) and mild, sunny summers - typically over <strong>300 days of sunshine per year<\/strong>.<\/p><p>Naturally, living in the mountains comes with <strong>some challenges<\/strong>: winters can be long, roads can be snowy, and housing may be expensive or limited in certain areas. However, those who choose Andorra do so for its safety, natural setting, and balance - where <strong>quality of life far outweighs the minor inconveniences<\/strong> of the climate or altitude.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23114\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_13\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tTAXATION AND ACCOUNTING\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23114\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_13\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23115\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_14\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhat taxes apply to my company and dividends?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23115\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_14\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>The main taxes are:<\/p><ul><li><strong>Corporate Income Tax (max. 10%)<\/strong>, with reductions for technological investments, job creation, or sponsorship activities.<\/li><li><strong>IGI (equivalent to VAT, 4.5%)<\/strong>.<\/li><li><strong>Personal Income Tax (IRPF)<\/strong>, applied to earnings above \u20ac24,000.<\/li><\/ul><p><strong>Dividends<\/strong> distributed by Andorran companies may be <strong>tax-exempt<\/strong> for fiscal residents of Andorra under current legislation. There are <strong>no wealth or inheritance taxes<\/strong>.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23116\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_15\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tHow often must taxes be filed?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23116\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_15\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>It depends on the company\u2019s type and size. Typically, <strong>IGI<\/strong> returns are filed <strong>quarterly<\/strong> or <strong>semiannually<\/strong> (only large companies must do it monthly). <strong>Corporate Tax<\/strong> returns are filed <strong>once a year<\/strong>.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23117\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_16\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tWhat accounting obligations does a company in Andorra have?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23117\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_16\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>Every company must keep <strong>updated accounting records<\/strong>, store invoices for <strong>six years<\/strong>, and <strong>submit annual financial statements and reports<\/strong> to the Company Register.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t            <div class=\"elementor-accordion-item\">\r\n                <div id=\"elementor-tab-title-23118\" class=\"elementor-tab-title\" data-active=\"\" data-indexkey=\"dc607ea_17\"                >\r\n\t\t\t\t                    <span class=\"elementor-accordion-icon elementor-accordion-icon-right\"\r\n                          aria-hidden=\"true\">\r\n\t\t\t\t\t\t\t                                <span class=\"elementor-accordion-icon-closed\"><i class=\"arolax-theme arolax-wcf-icon icon-wcf-wcf-plus\"><\/i><\/span>\r\n                                <span class=\"elementor-accordion-icon-opened\"><i class=\"binox-theme wcftheme-wcf-icon icon-wcf-minus\"><\/i><\/span>\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t                <div class=\"elementor-accordion-title\" tabindex=\"0\">\r\n\t\t\t\t\t                        <span class=\"elementor-accordion-title-icon\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\tHow is IGI deducted?\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n            <div id=\"elementor-tab-content-23118\" class=\"elementor-tab-content elementor-clearfix\" data-active=\"\" data-indexkey=\"dc607ea_17\">\r\n                <div class=\"wcf--inner--accrodion--body\">\r\n\t\t\t\t\t                    <div class=\"wcf--content\"><p>IGI paid on purchases can be deducted, provided that the <strong>invoices<\/strong> are <strong>correctly recorded<\/strong> and directly <strong>related to the company\u2019s business activity<\/strong>.<\/p><\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t\t\t        <\/div>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Frequently asked questions about taxation, residency and businesses in Andorra Frequently asked question! Resolve your doubts about employment contracts, setting up a company, residency and taxation in Andorra. Find out the real costs, types of companies, taxes and essential procedures for starting a business or living in the Principality HR MANAGEMENT How can I know [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6844,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-2096","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Frequently asked questions about taxation, residency and businesses in Andorra<\/title>\n<meta name=\"description\" content=\"FAQs about Andorra relating to employment contracts, company formation, residency and taxation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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