3E Accounting Pte Ltd is Happy to Welcome Integral Serveis 21 SLU as our Andorra-based Alliance Partner
Integral Serveis 21 SLU is a firm committed to building customer trust by offering consistently excellent services. As a partner of 3E Accounting Pte Ltd, it puts a great value in professionalism and commitment.
Integral Serveis 21 SLU is employing only the best professionals. The company has a team of experienced workers who continuously upskill. They understand that technology has been forcing changes in the business landscape. They are staying at the forefront by learning new things every day.
The firm is offering a wide variety of services, including accounting, tax, employment advice, and business support.
Building a Company from Scratch
The firm can provide the following services for investors who are just starting with their business ventures.
- Securing foreign direct investment permits for foreign investors.
- Reservation of company name.
- Drafting of articles of association.
- Processing the incorporation of the company.
- Creating the company’s book for minutes.
- Selecting officers.
- Increasing capitalization of the company.
- Changing the official workplace.
When opening your business for the first time, the firm can also assist you to do the following:
- Application of business registration.
- Getting the tax registration number.
- Applying for the Social Security System.
Apart from this, Integral Serveis 21 SLU is also offering services for companies looking to dissolve and liquidate.
Finding Out the Business Activities in Andorra
Tourism, retail sales, and finance are driving the economy of Andorra, accounting for 75 per cent of the gross domestic products. In 2018, Andorra’s top trade partners are Spain, France, and China. Its top exported goods in the same year are electrical machinery, motor vehicles and parts, and precision instruments.
Among the top industries in Andorra are tourism, banking, tobacco, and cattle raising.
Agriculture in Andorra
Only around 2 per cent of the land in Andorra is suitable for planting crops because of the mountainous terrain. Most of the planted land area is for the production of hay for animal feed.
Meanwhile, around 8 per cent of the farmland in the country is for tobacco, which is deemed to be the most distinctive Andorran crop. It is usually mixed with some eastern tobaccos given the crop’s high quality.
Andorra is also producing other farm products such as cereals, potatoes, and vegetables.
Animal Husbandry and Fishing
In Andorra, people are raising cattle, sheep, and goths in the valleys and in elevated areas. Cattles are being raised for their meat. Some are dairy cows.
Its meat production has been increasing in recent years. Milk production, meanwhile, is enough for domestic consumption.
According to estimates, Andorra’s livestock includes 9,000 sheep, 1,100 cattle, and 200 horses.
Meanwhile, the Andorran streams are robust with trout and other freshwater fish.
Benefits of Setting Up Business in Andorra
Investors are always looking out for the perks of doing business in specific locations. It is only expected because they want to maximize the opportunities presented. At the same time, investors are making sure that they are spending their capital efficiently.
Andorra has a lot to offer. They are the following:
- Banking policies suitable for the investors
- Reasonable tax regime, laws, and rules
- Stable political climate
- Stable economic conditions
Establishing Your Business in Andorra
After knowing the economic condition and business opportunities in Andorra, you might be convinced to set up your own business. Here are the things you should know.
- You should reserve a unique company name. It must be in Catalan.
- Secure a commune authorization so you can establish your company.
- Secure government authorization, according to the Registry of Trade and Industry’s policies.
If you need help establishing your company, do not hesitate to reach out to Integral Serveis 21 SLU, 3E Accounting Pte Ltd’s corporate service provider in Andorra, today. We are a team of top-notch professionals ready to serve your company.