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.

This jurisdiction is the best option for:

Casino and real estate
Financial and insurance activities
Scientific and technical activity
Wholesale and retail trade

Benefits:

No personal income tax
Tax incentives for new companies
No corporate tax on profits from domestic activities

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:

A certificate of nationality or copy of ID card;
A copy of the applicant’s criminal record, not more than three months old. This should be obtained from the General Court Registry of Monaco;
The applicant’s curriculum vitae (CV);
Three copies of a specific form containing each shareholder’s personal information;
A description of the various sorts of company activity, as well as an estimate of the first three years’ turnover;
A formal application outlining the anticipated commercial operations in Monaco;
A copy of the lease agreement for the office.

Taxation in Monaco:

Corporate Income Tax: absent, but companies of any type that carry out commercial or industrial activities in the Principality are taxed at a rate of 25% if at least 25% of their turnover is from operations outside of Monaco.

Personal income tax: absent.

Value added tax: 20%.

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.