10 Sep NEW REGISTER OF EFFECTIVE BENEFICIARIES
Today a new regulation to register the effective beneficiaries of Andorran entities has been published. Until now company’s shareholders were registered at the Company’s Register, but from now on we will also have to register the effective beneficiaries of the Andorran companies, branches, foundations and associations.
For future incorporations and structure modifications, we will have 15 days to register the effective beneficiaries (extended to 2 months if no deed in Andorra is required).
Already incorporated Andorran companies will have to register the effective beneficiaries until 31st December 2018. So, a regularization is required.
If you want us to help you regularize the situation, contact us! We will explain everything you need and we will help you in the process.