Price starts from €7,000
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.
13
countries have signed a double taxation avoidance agreement with Monaco
€15,000
minimum paid-up share capital
0%
personal income tax
The most common organizational and legal form of a legal entity is the Limited Liability Company (SARL)
Procedure for registration a company in Monaco
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 (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
We also can help with:
- Company secretarial services
- Opening bank accounts
- Preparing apostilled documents
- Further legal support
Requirements for a Limited Liability Company (SARL) in Monaco
Before deciding to set up a new company in Monaco, read the information below to understand the requirements of a “Societe a Responsabilite Limitee”:
The type of company is a “Societe a Responsabilite Limitee” (SARL).
Number of directors/shareholders – SARL can have two or more shareholders, and at least one director or manager (“gérant”) must be located in Monaco or in the adjacent (“PACA”) territory.
Number of employees – unlimited.
Share capital – minimum €15,000.
Liability – the firm has limited liability only with its share capital.
Accounting – Companies in Monaco are required to file accounts.
Registered Office and Agent – SARL’s need to establish a registered office address.
Document requirements:
Taxation in Monaco:
If our proposal is intriguing, we kindly request to book a call with us or send your request via Telegram messenger. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information.
We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.
The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.
Contact Us
If our proposal is intriguing, we kindly request to complete the form provided below to learn more. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information.
We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.
The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.