Single-member limited company (SLU)
This is a common form for someone starting a business alone in Andorra. A single shareholder does not reduce the company's obligations: you keep full accounts, prepare annual accounts, and file corporate income tax.
- Legal form
- Limited company with a sole shareholder
- Accounting
- Full double-entry accounting and annual accounts
- Taxes
- Applicable IGI and corporate income tax
- Social security contributions
- CASS contributions for directors and employees where required
Firm workflowComplete company accounting
What you are required to do
An SLU must keep its books under the Andorran General Accounting Plan, prepare and file annual accounts with the competent registry, settle any IGI that applies, and file corporate income tax.
The difference from a sole trader is structural rather than about volume: an SLU has double-entry bookkeeping, a formal year-end close, and annual accounts. This is where a spreadsheet stops being a reasonable option.
This profile, inside the same portfolio
For an SLU, the firm works on the ledger, bank, close, tax and annual accounts from one file, with a named preparer, reviewer and supporting evidence.
Validate this case with real clients
Include one SLU in the pilot and validate the path from source document to close.