Financial Substance in Andorra - Part 1 of 2 - How And Why Did It Come About?
Contributed by Andorra Solutions
29 October, 2018
What is financial substance? How and why did the need for substance occur in Andorra? In part 1 of the series we establish substance compliance is first filter for an individual wishing to choose to set up a business and get residency. We answer what it is and how it came about in Andorra. Are there specific financial substance requirements of the principality. We briefly cover both generic 'catch-all' and 'ad-hoc' requirements.
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