
Is Bookkeeping Mandatory in Andorra?
It all depends on the company formation. According to Andorran law, businesses have to keep financial records and file for taxes when:
They are incorporated as a “Societat Anonima” (SA) or a “Societat Anonima Unipersonal” (SAU)—similar to a Public Limited Company.
They are incorporated as a “Societat Limitada” (SL) or a “Societat Limitada Unipersonal” (SLU)—similar to Limited Liability Companies or Single-Member Companies.
Businesses that do not meet these criteria are not obligated to file taxes. As a result, they often overlook the benefits of Accounting in Andorra services, without realizing their usefulness.