Is it safe to put my investments into a company in Andorra? [Reddit]

Answer

It is safe when the structure is correctly incorporated, complies with all legal and tax obligations and is managed transparently before the authorities. Safety does not depend only on the country chosen, but above all on the way your assets are structured, documented and declared. A poorly incorporated or neglected vehicle stops protecting you and can create problems you would not have with orderly management. That is why it is key to keep accounting and tax matters up to date every year, and not only at the time of creating the company. Filnet, with local Spanish-speaking advisors who are experts in wealth structures, assesses your specific case and guarantees you a properly incorporated, legal and stable structure. It also takes on the ongoing management of accounting and tax matters, so that you retain control and security over your estate without having to deal with every detail. Doing this in Andorra has an incorporation cost starting from , a timeframe of 2-6 weeks and a corporate tax rate of 10%.