Share capital, official registration fees, notary, professional fees : we break down every component of the budget — from the public fee schedules to your personalised quote — so you know exactly where you stand.
The budget for setting up a company in Andorra consists of four items : the share capital (3 000 € for an SL — it remains the company’s), the official registration fees (≈958 €), the notary fees (500 to 3 000 € excl. VAT) and the professional fees, set out in a personalised quote.
It’s a question every entrepreneur asks — and one the market rarely answers with precision. We’ve taken the opposite approach : publish the official fee schedules as they stand, explain what each line covers, and reserve the personalised quote for what, by nature, depends on your project.
Below you’ll find the full summary table, the detail of each item, the factors that make the budget vary, and the recurring costs of the following years. For the operational course of incorporation, see our incorporation support ; to choose your structure, compare SL, SA and holding company.
Deposited for the duration of the incorporation, it becomes your company’s working capital as soon as it is registered. Confusing it with an expense is the most common misreading.
Two items fall under official public fee schedules, one under the notary, one under the personalised quote — and the capital, itself, remains your money.
| Item | SLSocietat Limitada | SASocietat Anònima |
|---|---|---|
| Share capital Remains the company’s — this is not a cost | 3 000 € (100 % paid up) | 60 000 € (min. 25 % paid up, i.e. 15 000 €) |
| Official registration fees Companies Register | ≈958 € | ≈1 395 € |
| Annual register tax | ≈200 € / year | ≈200 € / year |
| Notary (deed of incorporation) | Generally observed at 500 to 3 000 € excl. VAT depending on the file | |
| Professional fees | On personalised quote, detailed line by line before any commitment | |
| Official fee schedules in force, confirmed to the cent at our first exchange. IGI (4.5 %) applies to professional fees. | ||
Add up the fees actually paid out — registration, tax, notary — then the professional fees on your quote : that’s your effective cost of incorporation.
Mobilised for the duration of the incorporation, it then belongs to your company : working capital, equipment, first rent payments. A commitment, never a loss.
French, Belgian or Swiss founder : the official fees are identical. Only the scope of support changes — plus the foreign-investment authorisation for non-residents.
Understanding the nature of each line already means mastering your budget. Here, one by one, are the four items of your incorporation.
The SL requires 3 000 € of capital, fully paid up ; the SA, 60 000 €, of which a minimum of 25 % is paid up at incorporation. This amount is deposited into the incorporation account at an Andorran bank — then it belongs to your company, which uses it for its activity : working capital, equipment, first rent payments.
→ An initial commitment, never money lostRegistration with the Companies Register comes to around 958 € for an SL and 1 395 € for an SA, according to the fee schedule in force — confirmed to the cent at our first exchange. The annual register tax is added, at around 200 €. Identical for everyone : no firm negotiates them, none should make them opaque.
→ Public, verifiable amountsIncorporation is executed by an Andorran notary : drafting the bylaws, verifying powers and contributions, signing the deed. Fees are generally observed at between 500 and 3 000 € excl. VAT : a single-shareholder SL sits at the lower end of the range ; a multi-shareholder structure with specific clauses, at the higher end.
→ The deed that brings the company to lifeEvery project is different — resident or non-resident, simple or regulated activity. Our fees are set out in a personalised quote, provided before any commitment and detailed line by line : analysis and strategy, foreign-investment authorisation, company name, coordination with the bank and notary, registration, NRT, business licence, CASS affiliation. IGI of 4.5 % applies to professional fees.
→ You know what you’re paying, and whyFor a company distributing 100 000 € of profit, the gap in taxation is measurable — 2026 rates, France vs Andorra.
Three factors explain most of the differences from one project to another. Knowing them means being able to compare quotes on fair terms.
Any non-resident shareholder holding more than 10 % of the capital must obtain foreign-investment authorisation from the Andorran Government : preparing the file (apostilled passport, criminal record, source of funds), filing and follow-up. This step structures the timeline — allow 8 to 12 weeks in total.
→ The main factor in timing and workloadA single-shareholder SL with a simple corporate purpose does not require the same work as a holding company with equity stakes, a multi-shareholder SA or a regulated activity. Bespoke bylaws, shareholder agreements, estate-planning structures : each layer adds value — and is reflected, transparently, in the quote.
→ The quote reflects the actual workAndorran banks apply rigorous due diligence on the source of funds and the planned activity — this is what makes the financial centre solid. A well-prepared banking file, presented by a firm known to the institutions, is processed quickly and without back-and-forth : here too, preparation shapes the budget.
→ A well-prepared file, a smooth processAn Andorran company also stands out for the lightness of its running costs.
Well kept, the accounts become the steering tool for your tax position — within a set-up sized to your activity, under a single point of contact.
| Recurring item | To budget for |
|---|---|
| Annual register tax | ≈200 € / year |
| Corporate tax | 10 % of profit 3 % effective minimum (Llei 5/2023) |
| Accounting & filings | Depending on activity volume, with our partner accounting firm |
| Andorran-source dividends : 0 % for the resident. | |
The right instinct when facing a quote : check what it contains. A successful incorporation rests on a complete scope — here it is.
Every proposal from the firm precisely lists the services covered and distinguishes the official fees — taken as they stand — from professional fees. You know what you’re paying, why, and what is done for you at each step. That readability is what founds a lasting relationship.
The budget for an SL comprises the share capital of 3 000 € (which remains the company’s), around 958 € of official registration fees with the Companies Register, an annual tax of around 200 €, notary fees generally observed at between 500 and 3 000 € excl. VAT, and professional fees, set out in a personalised quote.
The SA requires capital of 60 000 €, with a minimum of 25 % paid up at incorporation (i.e. 15 000 €), and its official registration fees come to around 1 395 €. The other items — an annual tax of around 200 €, notary, fees on quote — are of the same nature as for an SL, with generally more elaborate bylaws.
No : every item is known in advance. Official fees fall under public schedules that we confirm to the cent at our first exchange, notary fees are announced according to the file, and our quote details every service line by line before any commitment. The only variable is the complexity of your project — and it appears in the quote, not afterwards.
No. The capital is deposited into the incorporation account and then belongs to your company, which uses it freely for its activity : working capital, equipment, rent. It is an initial commitment, not money spent — the real cost of incorporation is limited to official fees, the notary and professional fees.
They are the subject of a personalised quote, as they depend on your profile (resident or not), the form chosen and the complexity of the project. The quote, provided before any commitment, details what it covers : analysis and strategy, foreign-investment authorisation, coordination of the notary and the bank, registration, NRT, business licence and CASS affiliation. IGI of 4.5 % applies to professional fees.
Tell us about your project : we confirm the official fee schedules to the cent and provide you with a detailed, line-by-line quote.
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