{"id":830,"date":"2019-02-07T07:42:36","date_gmt":"2019-02-07T07:42:36","guid":{"rendered":"https:\/\/www.andorra-advisors.com\/en\/?p=830"},"modified":"2019-02-07T07:42:36","modified_gmt":"2019-02-07T07:42:36","slug":"shareholders-deposit-15000-euros","status":"publish","type":"post","link":"https:\/\/www.andorra-advisors.com\/en\/blog\/shareholders-deposit-15000-euros\/","title":{"rendered":"Active shareholders in Andorra must provide a deposit of \u20ac 15,000"},"content":{"rendered":"<p style=\"text-align: justify;\">In Andorra, a proposal has been launched, the final vote of which allowed establishing\u00a0<strong>the necessary modifications so that the active shareholders should deposit \u20ac 15,000.\u00a0<\/strong>This change will affect the future active residents, who request a residence through the creation of a company in the country.\u00a0Whether the citizen works actively, or is part of the board of directors.<\/p>\n<p style=\"text-align: justify;\">In any case, people who apply for this residence must participate with more than 20% in the company.\u00a0On the other hand, they must deposit a deposit or guarantee of \u20ac 15,000 to the financial authority of the INAF.\u00a0And, finally,\u00a0<strong>the person must be at least 183 days a year in the country.<\/strong><\/p>\n<h2>The Government of Andorra has set a bail to restrict the self-employed<\/h2>\n<p style=\"text-align: justify;\">Apparently, the Government of Andorra has been put to work so that the influx of self-employed begin to fall.\u00a0This is because it\u00a0<strong>has allowed the country to have potential debts<\/strong>.\u00a0It is known that previously no type of guarantee or guarantee was required to be able to be a resident in Andorra.\u00a0However, the deposit that must be made is similar to that made by passive residents (of \u20ac 50,000 in this case).<\/p>\n<p style=\"text-align: justify;\">With the help of the bond or the interposed guarantee, the debts with the government and social security will be liquidated.\u00a0<strong>Although it can be reimbursed, in case the interested person renounces the residence<\/strong>.\u00a0However, that person must settle their outstanding debts.\u00a0However, with the announced measures, the &#8220;autonomous&#8221; active resident shareholders seem not to be affected.<\/p>\n<p style=\"text-align: justify;\">Many rumors and anxieties have arisen in society.\u00a0Some wonder if these measures can filter the best profiles among the self-employed.\u00a0Or on the contrary, it can be a negative aspect,\u00a0<strong>whose impact can affect young talents and entrepreneurs who do not have sufficient liquidity<\/strong>.\u00a0The latter is important, since you must have at least \u20ac 6,000 to be able to pay the installation in a legal entity, between tax advisors, municipalities and governments, lawyers and notaries.<\/p>\n<p style=\"text-align: justify;\">On the other hand, the bail recently introduced of \u20ac 15,000 can directly affect the pocket of young talents and entrepreneurs, even before they want to activate their business in the country.\u00a0However, one can think that the Andorran Government is eager to attract new talents of &#8220;better quality&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Andorra, a proposal has been launched, the final vote of which allowed establishing\u00a0the necessary modifications so that the active shareholders should deposit \u20ac 15,000.\u00a0This change will affect the future active residents, who request a residence through the creation of a company in the country.\u00a0Whether the citizen works actively, or is part of the board [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[271],"tags":[267,268,269,270,272,273,274,275,276,277],"class_list":["post-830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","tag-andorra","tag-autonomous","tag-board-of-directors","tag-bond","tag-debt","tag-deposit","tag-finance","tag-shareholders","tag-social-security","tag-talent"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Active shareholders in Andorra must provide a deposit of \u20ac 15,000<\/title>\n<meta name=\"description\" content=\"They must participate with more than 20% in the company, deposit a guarantee of \u20ac 15,000 to the financial authority, and be at least 183 days a year in the country.\" 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