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Andorra Company Registry

By febrero 7, 2023Andorra

Andorra company registry search 

The Andorra Companies Registry or Andorra Companies Registry is a necessary step for any new company incorporation in Andorra or for the creation of any branch in the Principality of Andorra.

It is, therefore, an absolutely necessary step for any company in Andorra. However, the Andorran company law establishes that once the company has been incorporated before a Notary Public in Andorra, it must be subsequently registered in the Commercial Register of Andorra.

The term for the inscription in the Mercantile Registry of Andorra of the companies is of 15 days.

Keep in mind that with the inscription of the company in the Mercantile Registry, the company acquires its own legal personality, this means that from that very moment, although you still cannot invoice because you do not have commercial authorization, being inscribed in the Register of Companies, you will be able to start signing contracts in the name of the company.

On the other hand, this also implies that if in a company there is a change of administrative body, this will only take effect when the change is registered in the Commercial Register. Therefore, any action carried out by the administrator without being registered in the commercial registry should not have any effect, since the law requires that such position be registered in the commercial registry.

Once all these changes have been made, it is the obligation of the Notary to communicate all these new data to the Mercantile Register so that it can proceed to the update of the same without delay.

   Searching company registry records in Andorra 

The Andorran commercial register is not public, so not everyone can access it. Only lawyers and registered economists have access to the commercial register of Andorra.

The Register of Companies contains a lot of information about all the companies registered in Andorra, such as:

Andorra Company Registry

Once the authorization for foreign investment in Andorra is obtained, any person who is not a resident of Andorra can incorporate a company, all the intervening partners must be registered in the Andorran Commercial Register.

It is important to bear in mind that despite obtaining the authorization for foreign investment in Andorra, there are different reasons for which the Andorran Companies Registry can refuse the registration of the company in the Andorran Companies Registry.

   Who has the right to perform a company search? 

Many people need information about a company in Andorra or about different partners, or simply to check if a company has a lien.

Lawyers in Andorra

All this information can be obtained from the Commercial Register of Andorra. It is therefore possible to know if a company in Andorra has a commercial authorization or not, or even information related to the partners, since a partner may have a lien on the company’s shares.

Create a company in Andorra

Such information is of great value in conducting due diligence on any Andorran company. Also as we have detailed above, we can obtain details of the offices of the company, the share capital of the company, the name of the company and even the full name of all the partners and administrators of the company.

AL DUE DILIGENCE

   Information provided in the commercial registry extracts 

As we have previously indicated, the Commercial Registry is not a public registry in Andorra. That is why only lawyers and registered economists have the right to search for companies in the Commercial Register.

We will detail below all the data that can be obtained from the Commercial Registry:

  • Economic data of the company: how for example the social capital of the company (this already determines us if it is a SA or a SL). The data of the social participations of the company, that is to say the amount of social participations.
  • Data on the domicile of the company.
  • Data on the company’s corporate name: this includes whether it is a limited liability company (SL), a sole proprietorship (SLU) or whether it is a public limited company (SA).

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  • Data on the company’s activity: detailed description of the company’s corporate purpose and the company’s business data, i.e. how many activities the company currently performs.
  • Data on the company’s liens and on the company’s partners.
  • Data on the company’s administrators.

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If you have any questions, we are at your disposal. We understand that if you need to incorporate an Andorran company or buy shares of an Andorran company, you need previous information for the due diligence process according to the specific case.

Do not hesitate to contact us by whatsapp directly or stop by our offices in Andorra. Our group of specialized advisors will be pleased to help you personally.

Andorra Lawyers

Author Andorra Lawyers

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