E.B.C. Corporation: Offshore Company Formation, Banking & Financial Planning

Monaco Residency Applications monaco residency applications Monaco Residency Applications monte carlo residency
High Net Worth Individuals - Private Business
We at EBC work closely with our clients to highlight opportunities for growth, to minimise risk, reduce costs and create value.

Offshore Company Formation
EBC provides the full range of services required to establish and manage offshore corporate entities.

Monaco Business Formation
EBC is able to provide a full range of services required to establish and manage a business in Monaco.

Trust Services
EBC offers clients a comprehensive trust service to help clients to maximise the benefits.

Monaco Services
  • Monaco Residency
  • Relocating to Monaco
  • Monaco Tax and Legal advice
  • Monaco Residency Visas
  • Monaco Foundations
  • Employment in Monaco

About Us

E.B.C. Corporation S.A.M. (EBC) has been in business in Monaco since 1974 advising and guiding high net worth individuals and corporations.

EBC specialises in providing international structures to protect and help preserve our client's assets.

Call us on (+377) 92 16 59 99 for more information

Incorporated in Monaco, EBC is an independent, privately owned trust company that is fully authorised by the Monégasque government to provide management and administration services to individuals and corporations. From establishing and managing company formation to organising offshore banking, our services include advice and assistance on implementing a range of international structures. We are not affiliated to any bank, law or accountancy firm. This enables us to independently implement the most appropriate structure and support services to meet our clients' needs.

EBC has been providing clients with secure and efficient corporate and trust structures for over 35 years. From company formation to offshore banking, EBC endeavours to help clients minimise tax, protect wealth and preserve assets.

The information contained within this website is intended as a general guide.

Monaco Residency Applications EBC Corporation S.A.M. Monaco based Corporate Wealth and Business AdvisorsMonaco Residency Applications EBC Corporation S.A.M. Monégasque government authorised Corporate Wealth and Business Advisors Monaco Residency Applications E.B.C. Corporation S.A.M.
Monaco Residency Applications STEP Society of Trust and Estate Practitioners
We are a member of STEP (Society of
Trust and Estate Practitioners).

STEP members (TEPs) provide expert advice on how to comply with the often complex law and tax rules surrounding trusts, estates and inheritance.


Monaco Residency Applications AMPA – AMPA is the association in Monaco which represents the companies involved in the administration of foreign entities
We are a member of AMPA – the association in Monaco which represents the companies involved in the administration of foreign entities.
Monaco Residency Applications Contact EBC Corpration S.A.M. Monaco based Corporate Wealth and Business Advisors

Considering residency in Monaco?

EBC can help.

We help clients who want to make Monaco their primary place of residence. We advise and guide them through the rules, processes and applications for Monaco residency, ensuring that it is completed as easily as possible.

For more information click here.


Case Studies
Monaco Residency Applications EBC Corporation SAM Case Studies
Visit our Case Studies section and find out how we have helped a selection of our clients.
These case studies demonstrate the methods we employ when assisting our clients.
- Formation of a SARL, UK Inheritance Tax Planning and Monaco Residency are a few of the topics covered in this section.

Our Services

Our services provided from Monaco, include advice and implementation on the following, if required this can be done in association with local and foreign professional firms:

About Monaco

The Principality of Monaco is an independent state which has been ruled by the Grimaldi family, and now Prince Albert II, since 1297. The Principality is a hereditary and constitutional monarchy which gives the Prince the highest authority. It is located in the South of France between Nice and the Italian border in some 201 hectares. The total residential population according to the last estimate taken in 2008 was 35,000 of which only 7,600 were Monégasque subjects. There are nearly 125 nationalities represented of which approximately 10,000 are French, 6,500 Italians and 2,600 British.
Click for more information
Monaco was admitted as the 183rd full member of the United Nations in May 1993. This membership has forcefully underlined Monaco's stability both politically and economically, which together with its security, commercial flexibility, sophisticated infrastructure and geographic location has provided the background on which the reputation of the Principality has been built and is maintained.

Monaco has its own legal system, Law Courts and Appeal Court, and while its law is largely but not entirely based on the French Code Civil, the legal system in Monaco is distinct from that in France and more welcoming to foreigners.

  • The tax system relies on indirect taxes. VAT is imposed on the same bases and rates (5.5% reduced rate and 19.6% standard rate) as in France.
  • There is no personal income tax, however, French nationals who transferred their domicile to Monaco after 13 October, 1957 are subject to French income tax.
  • Monégasque businesses engaged in industrial or commercial activity and deriving more than 25% of their turnover outside Monaco are subject to corporate profits tax at 33.33%.
  • Inheritance and transfer taxes are levied on goods located within Monaco irrespective of the domicile, residence or nationality of the deceased or the donor. The rate of tax, which is charged on the market value of the assets, varies between 0% and 16% depending on the closeness of the relationship between the deceased and the heir.

There is a complete customs and monetary union with France by convention since 1963. Through its treaties with France, Monaco indirectly obtains most of the benefits of EU membership whilst remaining outside of the EU. At the same time, the Bank of France continues to regulate the Monaco banking system further reinforcing its security.

There are no exchange controls.

The Euro is the legal tender of the Principality.

Monaco is active in the international fight against money laundering and terrorism and the Government agency S.I.C.C.F.I.N., (Service d' Information et de Controle sur les Circuits Financiers), was set up in August 1993 to monitor the activities of financial companies in the Principality. S.I.C.C.F.I.N.'s role is in tune with the traditional approach in Monaco of providing a secure and stable environment for investment while not compromising confidentiality. A number of laws have been passed to combat money-laundering and the financing of terrorism.

Administration of Trusts and Companies in Monaco
In the context of the offshore world, Monaco is something of an anomaly – a tax haven for private individuals with the majority of its residents living in the Principality on a tax-free basis, but not an "offshore" jurisdiction in the usual sense since most companies incorporated in the Principality are subject to local corporation tax. Monaco is, however, an ideal business centre from which to administer foreign offshore trusts and companies.

Monaco - The advantages

  • Secure and politically stable.
  • No income tax, capital gains tax, or wealth tax for non-French resident individuals.
  • Foreign offshore companies, when managed and administered by a fully authorised Monégasque management company, are not subject to Monégasque corporation tax.
  • No concept of "mind and management" dictating residency for tax purposes.
  • Five double taxation agreements.
  • No central registry of foreign offshore companies.
  • Confidentiality of the banking system.
  • Located in mainland Europe, Monaco enjoys easy access to and from all parts of the world through the international airport of Nice, a 6 minute helicopter ride away.
  • Monaco's long history and legal system has always protected the discretion and confidentiality of business interests in the Principality including advisory services and management companies.

Fees and Costs

We provide our clients with a detailed cost structure from set up and implementation to annual running costs.
Click for more information
Our fees will vary depending on the complexity and nature of the work that we undertake on behalf of our clients. Where possible, we aim to agree fees in advance with clients prior to the acceptance of any assignment. All fees and charges are confirmed by way of quotation or contract. In circumstances where this is not possible we will continually advise our clients of any additional costs that will be incurred.

Our fees and charges fall into the following areas:

  • Set up Fees – Fees for establishing trusts, companies, or other corporate entities.
  • Annual Fees – Accountancy services, provision of corporate statutory services, directors, trustees, secretarial etc.
  • Government Fees – Filing fees upon incorporation, stamp duty, annual taxes, etc.
  • Management Fees – Fees that are agreed with you before to commencing any assignment. These fees are usually based on time but can also be at a fixed rate.
  • Advisory Fees – Fees that are agreed with you before to commencing any assignment. These fees are usually based on time but can also be at a fixed rate.

Please contact us for a free quotation.


Business Principles
We set the highest standards and values throughout EBC for both our employees and clients. These principles apply worldwide, to all employees, agents and others when representing EBC. As individuals and as a company we will always follow these principles.
Click for more information
  • Legal – We will act within the law, our licensing obligations and any other regulations.
  • Compete fairly – Compete vigorously but fairly in our markets, being honest and trustworthy in all our dealings.
  • Inducements – Not offer or accept gifts, hospitality or other inducements which encourage or reward a decision, or engage in any form of bribery.
  • Conflicts – Avoid or declare conflicts of interest that may lead (or be seen to lead) to divided personal loyalties.
  • Commitments – Ensure others have confidence in the commitments we make on behalf of EBC, and that agreements are suitably authorised.
  • Risks – Assess and manage risks to our business.
  • Assets – Protect our brand, physical, financial and intellectual assets.
  • Information – Protect the confidentiality of company, employee and customer information.
  • Communication – Be truthful, helpful and accurate in our communications.
  • Diversity – Treat all individuals fairly and impartially, without prejudice, and never tolerate harassment in any form.
  • Health and Safety – Care for the health and safety of each other, our products and our operations.
  • Environment – Minimise the potential harmful effects of our activities on the environment.
EMAIL US
Contact EBC Corporation S.A.M. Monaco Based Business Advisors
FOLLOW US: Network with EBC Corporation S.A.M. on LinkedIn Join EBC Corporation S.A.M.Facebook Read the EBC Corporation S.A.M. Blog
We are a member of STEP (Society of Trust and Estate Practitioners)AMPA – AMPA is the association in Monaco which represents the companies involved in the administration of foreign entities
AFFILIATED BODIES
EBC Corporation S.A.M.
Gildo Pastor Center
7, rue du Gabian
MC 98000 Monaco

Telephone (+377) 92 16 59 99
Fax (+377) 93 25 55 60
 

Copyright © 2012 EBC Corporation S.A.M. All rights reserved.
Designed and Managed by Imago Creative Solutions