Project description

IT specialists and YouTubers typically work as freelancers and in most cases are providing their services over distance to their clients. This gives you a certain flexibility to choose where you are based and you may choose your country of residence based on your personal preferences rather than where your client is based. Andorra offers unique advantages to YouTubers and IT specialists that decide to set up their home in Andorra. Fast fiber optics internet, low living costs and a beautiful mountain environment for those that enjoy an active lifestyle. All this within 2.5h reach from Barcelona, one of Europe's most cosmopolitan cities.

Many freelancers do not operate through a legal entity, but are invoicing for their services under their own name. Unfortunately Andorra does not facilitate entry to freelancers only unless they are associated to specific professions that typically operate a professionals (doctors, scientists, architects etc.). Therefore we recommend the creation of a company in Andorra that formalizes your activity under a properly established entity. Based on the participation in a company and being one of the directors you may then formally request your residency in Andorra.

Solutions

To meet with the local immigration requirements you may claim residency if you are participating in a company with at least 10% and work as active board member or director for the company. Therefore the first step for your project in Andorra is the set-up of a company.

Project details

Do you work as IT freelancer or YouTuber ? Do you work remotely for your clients ? Consider invoicing your clients or receiving your ad revenues living in Andorra.

January 8, 2018 IT-specialist / YouTuber Company formation + residency Appreciate

Requirements for the setup of an IT service company + active residency

For the IT service company creation:

  • Present a business plan and forecast of estimated turnover
  • Provide criminal / police records from the country of birth / current residence for all shareholders with over 10% participation
  • 3000 EUR in capital for an SL / 60.000 EUR for an SA
  • Pass compliance process with local banks (provide tax declarations, origin of funds etc.)
  • Minimum two visits during the incorporation process (notary, bank introduction)
  • Potentially VAT register your ecommerce in the EU for trading with the EU countries

For the Active Residency through company creation:

  • Spend a minimum of 183 days per year in Andorra
  • Participate with a minimum of 10% of the shares in the company
  • Be actively part of the board / management of the company
  • Pay social security contributions of a minimum of 450 EUR per month
  • Maintain a salary sufficiently high to cover your living expenses
  • Have clean criminal / police records from your country of birth / current residence

Contact our team today for your personalized solution