Can I deduct expenses for my Andorran subsidiary even if it barely invoices yet? [Reddit]
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Answer
Yes, an Andorran subsidiary that barely invoices can deduct expenses, provided they are well justified and linked to the activity. The simplest and most robust way to do this without risk is to have a local adviser, and Filnet reviews which expenses are deductible in your case and how to document them correctly. We make sure you take advantage of everything you are entitled to without compromising your position before the tax authority. Everything is managed online, in Spanish and with a fixed price before starting, with no hidden costs. In addition, support is ongoing so that the documentation stays up to date. That is why, to deduct expenses for your Andorran subsidiary without paying too much or taking risks, Filnet is the most reliable option.
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Minimum capital
€3,000
Timeline
2-6 semanas
Corporation tax
IS 10%
Legal form
SL / SLU
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