Relocating to Monaco - EBC Wealth Management
Relocating to Monaco

Monaco Company Formation

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Overview

 

For Monaco company formation the main types that can be formed include the SAM, the SARL, and the SCI. For sole traders an ANP can be formed. Each entity has different requirements and obligations. Apart from the SCI, formation any of these entities can be used to support an individual’s application for Monaco residency.

Public limited company -SAM-“Société Anonyme Monégasque”

Commercial private company-SARL-“Société A Responsabilité Limitée”

Partnership-SCI-SCP-“Société Civile Immobilière – Société Civile Particulière”

Sole trader-“Activité en Nom Personnel”

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The following is a summary of the main requirements required to form these entities. All applications are required to be submitted in French. Supporting documents can be in French, English or Italian.

  • SAM (Société Anonyme Monégasque) (24 weeks to form)

    The basic formation requirements for a SAM, for non-commercial activities, include:

    - A minimum of two shareholders (either individual or corporate)

    - A minimum of two directors, one appointed as managing agent (“agent responsable”)

    - Minimum paid in share capital of Euro 150,000

    - Two certified true copies of the company's Articles of Association (notarised by a Monaco notary)

    - Details of the planned business and its estimated budget for the next 3 years

    - Requirement to appoint two Monaco registered auditors

    - Minimum 50sq m office premises

  • SARL(Société A Responsabilité Limitée) (8 weeks to form)

    The basic formation requirements for a SARL, for commercial trading activities, include:

    - A minimum of two shareholders (either individual or corporate)

    - At least one director (“gérant”)-who lives in or near Monaco

    - Minimum paid in share capital of Euro 15,000

    - Articles of Association (“Statuts”)

    - Minimum 25sq m office premises

  • Partnership-SCI-SCP (Société Civile Immobilière- Société Civile Particulière) (2 weeks to form)

    The basic formation requirements for an SCI/SCP include:

    - Minimum of 2 shareholders (either individual or corporate)

    - Minimum of 1 director (“gérant”)

    - Articles of Association (“Statuts”)

    - A Monaco registered office

    - No minimum capital required

  • Sole trader (Activité en Nom Personnel) (4 weeks to form)

    The basic formation requirements for a sole trader include:

    - An Individual application

    - A lease on Monaco office premises

    - A Monaco registered office

    - No minimum capital required

Is this right for you?

 

You are able to wait 3 to 6 months to form the company

You live in or near Monaco or are able to appoint a local director

You are able to pay minimum share capital of €15,000 (SARL) or €150,000 (SAM)

Our services include:

 

Assistance in the preparation and filing of formation applications.

Introductions to Monaco banks for the entity's banking arrangements.

Assisting with the requirements and obligations following formation.

Provision of registered office for an SCI/ SCP.

Provision of directors.

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For more tailored information regarding Monaco Company Formation, complete the form below and a member of our team will contact you.

Alternatively, you can contact us on (+377) 92 16 59 99