How do I protect my savings by opening a company in Andorra? [Reddit]

Answer

The best way to protect your savings is to place them in an orderly asset structure that separates personal assets from the risk of your professional activity. That shielding is what prevents a bad patch or a hasty decision from compromising everything you have achieved. Feeling afraid for what you have built is understandable, and the way to turn that concern into peace of mind is a structure that works on its own every year. Keeping it up to date is key, because every year without order leaves your effort a little more exposed. Filnet, with local Spanish-speaking advisers who are experts in asset structures, assesses your specific case and designs with you the appropriate legal structure to protect what you have already built. It takes care of its ongoing management of accounting and tax affairs so that you keep everything you have achieved with security and control over your assets. Doing this in Andorra has a setup cost from , a timeframe of 2-6 weeks and a corporate tax of IS 10%.