Monaco Company
Establish a high-standing professional presence in a premier jurisdiction known for its legal stability and fiscal clarity.
Launching Your Enterprise in a Global Hub
Establishing a business in the Principality offers a strategic gateway to European and international markets. However, Monaco’s corporate landscape is governed by specific local regulations that require a methodical approach to licensing and compliance. EBC provides the technical oversight and administrative coordination necessary to transition your business vision into a fully operational Monegasque entity.
Corporate Structures in Monaco
We guide entrepreneurs and corporations through every stage of the setup process, ensuring that your application is positioned for approval by the Direction de l’Expansion Economique.
– SARL (Société à Responsabilité Limitée): The most common structure for commercial activities, requiring a minimum of two shareholders.
– Minimum Share Capital: €15,000.
– SURL (Société Unipersonnelle à Responsabilité Limitée): A modern structure designed for a single shareholder (individual or legal entity), providing limited liability for solo entrepreneurs.
– Minimum Share Capital: €8,000 (for individuals) or €20,000 (for legal entities).
– SAM (Société Anonyme Monégasque): Required for larger-scale operations, banking, or insurance. This structure is governed by a Board of Directors.
– Minimum Share Capital: €150,000.
– Sole Trader (Activity in own name): A simplified structure for individuals where the business and the individual are legally one and the same.
– Minimum Share Capital: None.
– SCI / SCP (Société Civile Immobilière / Particulière): Civil companies primarily used for holding real estate or private investments. These structures are essential for estate planning and asset management.
– Minimum Share Capital: No statutory minimum (typically set in the statutes, starting from €1).
The EBC Corporate Roadmap
1. Application for Government Authorization: We manage the submission of your project to the Monegasque authorities, acting as your liaison for any technical inquiries.
2. Capital Integration: Assisting with the opening of a “capital account” at a local bank for the deposit of your company’s initial share capital.
3. Post-Authorization Formalities: Once authorized, we coordinate the final legal registrations, including the RCI (Trade Register), Statistical Office (NIS number), and Tax Services (VAT).
4. Ongoing Administration: Beyond setup, EBC provides long-term support for renewals, modifications of business activity, and general corporate compliance.
FAQ
What is the Corporation Tax in Monaco?
Monaco has a territorial tax system. Companies that generate more than 75% of their turnover within the Principality are exempt from corporate tax . If more than 25% of turnover is generated outside Monaco, the standard corporate tax rate is 25% (as of 2026). Newly formed companies may also benefit from a progressive tax exemption for their first five years of operation.
Do I need an office space?
Yes. To obtain a business permit, a company must have a registered office in Monaco. This can be:
– Professional Premises: Dedicated commercial office space.
– Business Centers: Domiciliation in an approved business center.
– Home Office: In certain cases, a manager may use their home address for the first two years, provided the landlord consents and the company has no employees.
Does the business need to hire employees?
There is no absolute requirement to hire employees immediately upon training. Many SARLs and SURLs operate with only the Managing Director. However, the company must demonstrate “economic substance” —meaning it must have a tangible presence and the resources necessary to carry out its authorized activity.
How long does it take to form a company in Monaco?
The government’s review of a business permit application typically takes between 2 and 3 months . Once the permit is granted, the final legal registration (Notary and Trade Register) usually takes an additional 2–4 weeks.
Ready to start your relocation to Monaco?
EBC Monaco simplifies the administrative process and guides you through every step, from document preparation to settling in Monaco.