Do I have to open an account at a bank in Andorra? How do I do it without being there? [Reddit]
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Answer
It's usually part of the process, yes, but that doesn't mean you have to go to a branch in the country. Your Filnet advisor guides you on which bank or method fits best in Andorra and what they ask for to open the account. Many of these procedures can be done remotely, with the documentation well prepared and in the right order. That way you save yourself the ordeal of trying it alone from outside, without knowing who to turn to or what requirements to meet. They explain in advance what you need to gather so that nothing is missing when the time comes. In this way, one of the parts that frightens those just starting out the most stops being a reason to hold back.
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Minimum capital
€3,000
Timeline
2-6 semanas
Corporation tax
IS 10%
Legal form
SL / SLU
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