Can I set up an asset-holding company in Andorra without being established there? [Reddit]

Answer

Yes, it is possible to incorporate and maintain a company abroad without residing in the country, provided that the corresponding legal and transparency obligations are met. Most of the procedures can be carried out remotely and with proper documentation, without the need to travel. However, it is essential that someone knows the jurisdiction and keeps the structure up to date, because distance does not excuse failure to comply with obligations. A company that is poorly maintained from abroad loses a large part of its protection and its advantages. Filnet handles everything for you with local Spanish-speaking advisors who are experts in asset-holding structures, who assess your specific case and take care of the incorporation. They keep the accounting continuous and taxation up to date with a legal and stable structure, protecting your investments and giving you security and control over your assets. Doing it in Andorra has an incorporation cost starting from , a timeframe of 2-6 weeks and a corporate tax of IS 10%.