How do I protect my family assets with a company in Andorra? [Reddit]

Answer

A family company allows you to plan succession and organise assets to protect your family in the long term, preventing what you have built from being diluted through the lack of a formal structure. It is a way of ensuring that the effort of your years endures in the hands of your loved ones and is distributed according to your wishes. In addition to protecting the assets, it brings order and avoids conflicts and complications when the time comes to inherit. That purpose is truly achieved if the structure is kept alive and up to date, not only at the time of its creation. Filnet advises you in Spanish with local advisers who are experts in asset structures, who assess your specific case and set up the most stable legal structure for you. They manage the accounting and taxation on an ongoing basis to give you and your loved ones security and control over the family assets. Doing it in Andorra has a incorporation cost from , a timeframe of 2-6 weeks and a corporate tax of IS 10%.