Home » Andorra » Fees and timelines

Fees and timelines in 2023

Fees

payment by instalmentAndorra company setup costs in Year 1 will amount to €12,900 and annual company costs in Year 2 and thereafter will amount to €1,800. The average fee per engagement amounts to €24,850 including i) Andorra company incorporation, ii) corporate bank account setup, iii) legal registered office and iv) all government registration fees.

Different Andorra entity typesCostDraft invoice
Tax resident LLC€24,850View invoice PDF
Branch of a foreign company€28,750View invoice PDF
PLC€27,750View invoice PDF
Representative office€25,750View invoice PDF
Holding company€24,750View invoice PDF
LLC with work permit€28,700View invoice PDF

Click here to create your own Andorra invoice

Other fee considerations

Timelines

The average Andorra company registration period is 12 weeks as outlined below:

ServiceLLCPLCBranchRep officeHolding company
Engagement planning2 weeks2 weeks2 weeks2 weeks2 weeks
Company incorporation period4 weeks4 weeks6 weeks6 weeks4 weeks
Bank account approval4 weeks4 weeks4 weeks4 weeks4 weeks
Internet banking approval1 week1 week1 week1 week1 week
Engagement completion1 week1 week1 week1 week1 week
Total engagement period12 weeks12 weeks14 weeks14 weeks12 weeks

andorra business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Andorra, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!
andorra chmaber of commerce, Industry and services (CCIS) government of andorra-finance andorra-ntl immigration andorra international financial centre
How do you rate this page?
Report a problem or mistake on this page
Leave an online review of our firm