The question everyone asks... and few dare to truly answer
"How much does it cost to set up in Andorra?" This is often the first question we get from entrepreneurs who contact us. And it's a good question — an investor's question.
At BIGMONKEY, we don't shy away from it. We answer with total transparency. But before we talk numbers, we need to set the right framework.
Why there's no standard price
Every setup is unique. The cost depends on many factors: the nature of your activity, your current personal and tax situation, the type of legal structure chosen, your needs in terms of premises, staff, and bank accounts. Giving a generic figure would be lying to you — and that's not our style.
Cost items to anticipate
A successful setup in Andorra involves several categories of expenses to integrate into your planning:
- 🏢 Legal entity creation: notary fees, registration, share capital
- 📍 Tax address and premises: rent, security deposit, fit-out
- 🏦 Bank account opening: initial deposits, bank fees
- 👥 Recruiting Andorran staff: salaries, local social charges
- 💼 Setting up commercial activity: tools, partners, initial operations
- 📋 Legal, accounting, and operational support: the cost of doing things right
The real question: how much does it generate?
An investor doesn't just look at what it costs. They look at what it generates. And on this point, the figures are often eloquent.
Depending on your situation, the tax differential between your country of origin and Andorra can represent tens, or even hundreds of thousands of euros saved each year. Over 3 or 5 years, the return on investment of a well-structured setup is generally very significant.
That's why we talk about investment — not expense.
The BIGMONKEY costing: comprehensive, transparent, tailored
At BIGMONKEY, we are not a consulting firm. We are an investor structure that supports investors. We have gone through all these steps ourselves. We have made the mistakes not to make. So we speak the same language as you.
That's why our costing is:
- ✅ Comprehensive: it takes into account all aspects of your project, with no grey areas or surprises
- ✅ Transparent: each item is detailed and justified
- ✅ Adaptable: it evolves with your needs and situation; nothing is set in stone
- ✅ Personalized: because your project is unlike any other
Nothing is left to chance. Every euro invested is justified, every step anticipated.
Let's talk about your project
The true cost of setting up in Andorra? It's calculated together, based on your real situation. Not on a generic price list.
Contact us for a confidential initial discussion. We'll jointly assess the feasibility of your project, the real costs to anticipate, and the potential return on investment. Without obligation. With all our on-the-ground expertise.
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