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Monaco is a status and prestigious jurisdiction in which many seek to live and work.

Monaсo

Capital: Monaco.
Official languages: French, Monegasque.
Currency: euro.

Карта Monaсo

Company registration provides the following benefits:

 

  • Favorable fiscal policy.
  • Guaranteed confidentiality on the part of banks.
  • Prestige and high reputation of the jurisdiction.
  • Benefits for permanent residents of the Principality.

Monaco is a sovereign monarchy in southeastern Europe, stretching along the Côte d'Azur of the Mediterranean Sea. Despite the tiny size of the territory (only 2 km2), Monaco has an advantageous geographical position as a seaport and a popular tourist center, which largely determines its economy.

Monaco is one of the world's financial centers and is known for its special tax regime and offshore services for foreign clients. There is no sales tax, no property tax, and no personal income tax for residents. The banking and insurance sectors provide up to 10% of the country's GDP.

Features of taxation and reporting

It is important to note that in the first 2 years the company is exempt from paying taxes.
All companies in Monaco are required to maintain accounting records and prepare financial statements in accordance with the standards adopted in the European Union.

  • There is no income tax if the company's turnover outside the jurisdiction is no more than 25%.
  • Property tax: no.
  • Property tax: no.
  • Council tax: no.

Company registration

Time frame for company registration: from 5-7 days from the date of submission of all documents.
The most popular option for registering a company is a joint stock company (Société Anonyme Monégasque, SAM) or a limited liability company (Société à Responsabilité Limitée, SARL). A company like SARL has a simple management and registration structure.

To register a company remotely, you will need to provide the following information:

  • Choosing a company name: three options are required.
  • Notarized copies of ID for all participants.
  • A document confirming the residence address of all participants with notarization.
  • In some cases, a certificate of no criminal record from the director may be required.

A quick guide to registering a company in Monaco:

To quickly register a SARL or SAM, contact IT-OFFSHORE specialists. The cost of our services includes:

 

  • Preparation of documents (collection, filling, notarization, etc.).
  • Company registration.
  • Payment of all government fees.
  • Registration agent services for 1 year with the possibility of extension.
  • Translation services.
  • Delivery of registration documents to any address.
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The bottom line

Monaco is an expensive and respected jurisdiction. Registration in this country automatically provides status to the company, but is a complex process that requires an understanding of local laws and procedures. We recommend that you seek advice from qualified IT-OFFSHORE consulting specialists who have experience working with this jurisdiction and will be able to register your company in Monaco in the shortest possible time.

We offer not only legal support for company registration, but also a wide range of services, which includes accounting services, nominee services, and full support of the company after its registration; Thus, we provide full year-round service to your company.

Add the right parameters for your company:

€10500

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