Rosemont International, a multi-family office and high-end corporate services provider based in Monaco, has opened an office in Andorra, the landlocked microstate located high in the Pyrenees mountains.
The announcement of the new outpost comes less than two months after Rosemont revealed it had opened an office in Mauritius.
Rosemont says its new office will provide “a full service to individuals and their families” in addition to such corporate services as local incorporations, corporate secretarial services, and bank account-opening services.
The new business is known as Rosemont Services Andorra SL, and it joins a list of other Rosemont International outposts under the Rosemont name in Hong Kong, Singapore and Vietnam, in addition to Mauritius and the home office in Monaco.
Rosemont affiliates, under the Rosebank and Genfin names, are located in the British Virgin Islands, Cayman Islands and UK, according to the Rosemont Monaco website.
Founded in 1981, Rosemont specialises in providing the kinds of services that people and businesses located in Monaco tend to need – including help with their yachts, as well as with tax and estate planning, philanthropy planning and succession planning – and its multi-lingual staff includes lawyers, accountants, notaries and tax experts certified in various key jurisdictions.
The principality of Andorra is often described as the sixth-smallest nation in Europe, with an area of around 470 sq km (180 sq mi), in addition to having the highest capital city in Europe, Andorra la Vella (pictured above).