Setting Up a Holding Company Under the Special Tax Regime

A Ukrainian businessman managing a group of companies through Spain wanted to consolidate international assets in Andorra. We assessed eligibility for the special holding-company regime, under which dividends from foreign subsidiaries and payouts to shareholders are exempt once authorised by the Andorran tax authority. We prepared the special-regime application, the ownership structure, and the incorporation file for a Sociedad Anónima (SA) with the €60,000 minimum capital, ensuring compliance with economic-substance requirements.