Netherlands vs Andorra: which jurisdiction wins?

Netherlands vs Andorra — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.

	Netherlands	Andorra
Tax headline	25.8% corporate; participation exemption for holdings	10% corporate, 10% personal
Formation days	5	30
First-year cost	$6,500	$6,500
Treaties	95+	9+
Substance	Substance decree — mandatory directors, payroll, office	Real residency required
Banking	ING, Rabobank, ABN AMRO	Andorran banks (Andbank, Crèdit Andorrà)

Talk to a partner before you incorporate.

Wrong jurisdiction, wrong substance, or wrong bank shortlist is a 12-month problem. A 30-minute briefing fixes 80% of it.