Crystal TAX – solution of all your legal tasks for opening accounts in Andorra

It is profitable to do business and invest in the small European state of Andorra. The Principality offers good conditions for projects and life, and therefore it is easy to open an account in Andorra for individuals and legal entities. The main thing is to comply with the law, and with this the team of Crystal TAX specialists will come to the rescue.

How can I open an account in Andorra?

Andorran banks offer a wide range of financial options. Here you can easily open both a private and a commercial account for servicing a company. Accounts support all popular features:

  • work through Internet banking;
  • allow credit transactions;
  • global asset management available;
  • reporting and archives on financial transactions and their analysis are configured;
  • multi-currency operations are functioning.

Our specialists will advise on all issues and help you choose a banking institution with suitable conditions for you.

Andorra: open an account following all the nuances of the procedure

If you are interested in Andorra as your country of residence, you can open an account here after completing the KYC procedure with identification of your identity. To do this, you will need to provide a full package of documents with an apostille of the Hague Convention:

  • valid passport;
  • documents confirming the place of residence or legal address when opening an account for the company;
  • certificate of employment or confirmation of the economic activity of your enterprise;
  • confirmation of the source of receipt of assets.

Crystal TAX will help you prepare all the documents that the bank requests for registering an account. We will also provide legal support at all stages of registration so that you can easily go through the procedure with all the nuances of local legislation. 

Why should I open an Andorran bank account with Crystal TAX?

Our range of services includes all processes from consultations to works with certification of all documents and preparation for the due diligence procedure. In any consulting and legal matters, you can rely on our lawyers. In particular, we specialize in:

  • international banking law;
  • tax planning;
  • registration of companies in foreign jurisdictions.

Crystal TAX employs qualified specialists who will provide services within the framework of Andorran legislation, provide up-to-date information on banks, how and where it is more profitable to open an account with an Andorran bank and advise on other legal data.

We perform turnkey procedures and at affordable prices for citizens of Ukraine. Just leave your request and we will contact you to clarify all the details.

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Maksym Stepanenko

Maksym Stepanenko

Managing Partner, Crystal Tax

International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.

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Our advantages

International business, end to end

Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.

Confidentiality under contract

Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.

Choosing a jurisdiction

We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.

Timelines and data

We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.

We deal with authorities and banks

We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.

We see every case through

We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.

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