Business Entities

6. Société en Commandite par Actions (SCA)
      Partnership limited by shares
 

Any foreign national wishing to carry on a private business activity must request authorisation from the Ministry of State (“Ministere d’Etat”), or in the case of the retail food trade (except alcohol), from the Mayor’office.                   

A S.C.A. can only be formed following Ministerial decree and with approval of the articles of association of the business and their publication in the Journal of Monaco. The establishment dossier should contain the following documents:

- An application addressed to His Excellency the Minister of State;
- A certificate attesting to a clean police record;
- A description of the business and budget forecast;
- Information concerning civil status (birth and marriage certificates, divorce    papers, spouse’s death certificate where relevant);
- Degrees, diplomas and references;
- Curriculum vitae;
- Residence permit, identity card or passport;
- Completed information questionnaires.

Two copies of the Memorandum and Articles of Association registered with the Fiscal Department (Services Fiscaux) should be included in the dossier as well as the documents listed above.

All documents drawn up in a language other than French must be accompanied by an official translation. A Monaco telephone number must be provided for all applications.

Please contact us for further information