Andorra is a small Principality in the Pyrenees located between France and Spain. It is a civil law jurisdiction which has recently undergone significant liberalisation. The Foreign Direct Investment Law 2012 has opened the ownership of Andorra registered companies to Andorra non-residents. Though Andorra is outside the EU, it has adopted the Euro.
Limited Company ‘SL’
Societat Limitada (‘SL’) is a private limited company which can be used as a holding company as well as a commercial trading company. Andorran companies are formed for a specific purpose,...