Also for Andorran Companies with foreign participation in their capital or in their voting rights, branches or other types of permanent establishments in Andorra of non-residents in a percentage equal to or greater than 50 percent, either directly or indirectly. Likewise, when at least 50% of the voting rights of its decision-making body belong to non-resident individuals or foreign legal entities.
The forms of foreign investment can materialize through monetary or non-monetary contributions.
The competent ministry must resolve the foreign investment authorization request within a maximum period of one month.
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