The Principality of Monaco, despite its size, is an economically stable and investment-attractive country. First of all, this status of Monaco is caused by low taxation. Since Monaco is not a classic offshore, its tax regime can be called a “Tax Haven”. Monaco has created a secure business environment for foreign investors, as evidenced by simplified company registration procedures.

Manimama ensures a seamless company registration process in Monaco. Trust us to provide expert guidance and support, so your business can thrive from day one in Monaco. Start your journey with confidence, knowing you have the best team by your side.

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Legal Opinion about Monaco as a Jurisdiction for Company Formation

Ganna Voievodina

Manimama

CEO

"Monaco presents a highly attractive jurisdiction for company formation due to its robust socio-economic stability and favorable tax regime, particularly for non-resident companies. Its strategic location in Europe, coupled with an exceptional infrastructure and a well-educated workforce, enhances its appeal for international business operations. Furthermore, Monaco offers a straightforward company registration process and various incentives for businesses, including low corporate tax rates and special financial privileges for specific sectors. This combination makes Monaco an ideal environment for establishing and growing a business".

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Our Packages

Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.

Company Formation

Choosing a company name
Registered address for 1 year
Company incorporation on-line or within a notary deal
Banking account for the shared capital
Full set of corporate documents after incorporation

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Corporate Services

VAT registration
Apostille corporate documents
Accounting
Local director

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Payment Options

Payment account in EU EMI
Banking account in EU bank
Corporate account on a crypto exchange
Many other options

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Key Numbers about Incorporations

2 months

average term of company formation

аt least 2

shareholders in the company

аt least 1

director in the company

25%

corporate income tax (CIT) rate

0%

personal income tax (PIT) rate

20%

value-added tax (VAT) rate

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Set up Your Company in Monaco in Several Steps

Step 1. Initial Setup

Initiating a preliminary project assessment
Preparation and filing of the package of documents

Step 2. Company registration

Apply for authorisation to engage in commercial activities
Declare the intention to engage in commercial activities
Declaration of commercial activity
Drafting and signing of the Memorandum of Association and Articles of Association of the company
Registration of the company in the Monaco Register of Trade and Industry
Obtaining a NIS number (Statistical Identification Number)
Declaration of the existence of the company to the Monegasque Tax Department
Registration of managers with CAMTI-CARTI (Caisse Autonome de maladie des travailleurs indépendants - Caisse Autonome de retraite des travailleurs indépendants) - Monaco's social funds

Requirements for Company Formation in Monaco

Before deciding to set up a new company in Monaco, read the information below to understand the characteristics of a Limited Liability Company (LLC) / Société à Responsabilité Limitée (SARL):

Shareholders: two or more shareholders (individuals or legal entities).

Director: at least one director or manager (gérant) must be located in Monaco or in the adjacent (PACA) territory.

Minimum Share Capital: €15,000.

Legal Address: a SARL must have a registered office address.

Liability: the company has limited liability only with its share capital.

Accounting: companies in Monaco are required to file accounts.

Taxes in Monaco

Corporate income tax (CIT)

Companies are subject to CIT if they carry out “commercial or industrial” activities in or from Monaco and if at least 25% of their turnover derives from transactions carried out directly or indirectly outside Monaco.

The standard CIT rate is 25%.

The newly created companies are exempted from CIT during the first two fiscal years.

Personal income tax (PIT)

Monaco does not levy a PIT, thus Monaco does not levy any income tax on individuals, except French nationals.

Value-added tax (VAT)

The standard VAT rate is 20%.

Double taxation avoidance agreements in Monaco: Saint Kitts and Nevis, the Seychelles, Qatar, Montenegro, Malta, Mali, Luxembourg, Liechtenstein, Guernesey, United Arab Emirates.

Start Your Company Formation Process with Manimama

There are numerous reasons why Manimama is the leading company formation agent in Monaco:

Expertise in Regulations of Monaco

1. Manimama has an in-depth understanding of the legal and regulatory framework of Monaco.
2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.

Local and International Experience

1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
2. Our expertise spans various industries, providing customized solutions for each client.

Efficient and Timely Service

1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
2. Our efficient processes minimize delays and get your business up and running quickly.

Client-Centric Approach

1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
2. Our dedicated team is always available to address any concerns and provide expert advice.

Robust Network of Local Partners

1. We have established strong relationships with local authorities, banks, and service providers.
2. This network ensures that your business receives the best possible support and resources.

Ongoing Compliance Support

1. We provide continuous support to ensure your business remains compliant with the laws of Monaco.
2. Our team keeps you updated on any regulatory changes that may impact your company.

Frequently asked questions

What is the most popular type of company in Monaco?

The most popular type of company in Monaco is Limited Liability Company / Société à Responsabilité Limitée (SARL).
What is the minimum share capital required for company formation in Monaco?

For a SARL, the minimum share capital is €15,000.
Are there any residency requirements for company directors in Monaco?

Yes, at least one director must be a Monaco resident.
How long does it take to incorporate a company in Monaco?

The process typically takes 2 months.
Is it mandatory to have a registered office in Monaco?

Yes, companies must have a registered office in Monaco.
What are the tax benefits for companies in Monaco?

Monaco offers a favorable tax regime, including no corporate tax for newly created companies and no income tax for individuals.
Can a foreigner own 100% of a company in Monaco?

Yes, foreigners can own 100% of a company.

Semen Kaploushenko

KUNA, CBDO

"Great experience working with the team at Manimama OU! Thanks to their assistance, we were able to avoid legal difficulties and achieve success in our affairs".

Vadym Grusha

Trustee Wallet, CEO

"Collaborating with Manimama OU proved to be highly professional and efficient. The firm's lawyers promptly addressed all the issues we brought forward and provided comprehensive consultations".

Yuriy Soshenko

WhiteBit, CLO

"Manimama OU is a reliable partner in legal matters. Through our joint efforts, our problems were successfully resolved".

Manimama as the Best Solution for Your Company Formation in Monaco

Choosing the right partner for company registration is crucial for a smooth and successful business launch. At Manimama, our legal experts specialize in navigating complex legal landscapes, providing holistic solutions tailored to your needs.

Comprehensive Legal Expertise
Since our inception, Manimama has been at the forefront of tackling intricate legal challenges with innovative and thorough solutions. Our team of dedicated lawyers evolves alongside our firm, reflecting our people-centric philosophy and commitment to excellence.
Results-Driven Approach
Manimama is a results-oriented law firm that offers an extensive array of legal services to both individuals and corporate entities. We pride ourselves on maintaining the highest standards of integrity and a "client-first" approach, leveraging our extensive skills and knowledge to achieve the best outcomes for our clients.
Global Presence and Local Expertise
Our journey began with the establishment of Manimama OU's first European office in Estonia, a country renowned for its progressive regulation of virtual currencies, international investments, fintech, and gambling sectors. Estonia’s favorable tax system and digital-friendly investment climate provided a robust foundation for our expansion.
Community Commitment
At Manimama, we believe in giving back to society and making a positive impact. Our commitment to social responsibility is integral to our operations, ensuring that we contribute to making the world a better place while helping our clients achieve their business goals.

By choosing our company formation service in Monaco, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in Monaco and pave the way for your business success.