Eternity Law International News Company registration in Monaco

Company registration in Monaco

December 14, 2020

Registering an organization in Monaco means getting access to a variety of opportunities, including a residence permit. This jurisdiction has the following advantages:

  • since Monaco is one of the financial centers of the eurozone, business will be reliably protected, and customer information will be completely confidential;
  • favorable fiscal structure. The first three annual periods of operation of the company are tax-free;
  • there is no income tax and on real estate, property inherited;
  • the jurisdiction provides a large number of privileges for persons who permanently reside in the territory of the principality.

Income tax is not charged if the financial turnover of the company outside Monaco is not more than 25%.

Foreign persons who want to register a company there must do the following:

  • get a director. It is necessary that it be a resident of the principality;
  • create a local account;
  • rent or buy an office. The authorities strictly control this moment and constantly check the presence of an office;
  • pay tax from the capital when registering a company;
  • annually file balance sheet extracts, profit and loss list, audit.

You can register a company in the jurisdiction of the principality in one of the following options:

  • anonymous society is the most commonly used form, which is allowed to operate in different fields: commercial, financial, etc. Founders: 2+. Capital: from 150,000 euros.
  • limited liability company in relation to contributions. It is also a fairly common type among foreign investors. Capital: 15+ thousand euros. Such an enterprise is allowed to engage in commercial activity. Founders: 2+.
  • simple society. The liability of the founders is not limited, there are no capital requirements, since it is divided between the participants.
  • a company with simple management, as well as a joint-stock company, the members of which bear different responsibilities.

In addition, there is a separate type of organization in the principality that is not allowed to engage in economic activities. Such companies are created in order to manage real estate through them. The initial capital of such a company is equal to 2 thousand euros.

To open a business, you will need the following:

  • all documents must be certified by a local lawyer;
  • capital is confirmed by a certificate from the bank;
  • the corresponding amount is deposited in the account, and the fact of this is confirmed by a notary;
  • registration is paid;
  • the composition of the Board of Directors is determined and the responsibility of the managing persons is distributed;
  • Statute and documentation are submitted for approval.

As a result, the information that the new business has been registered should be published in the Journal de Monaco.

If you need to register a company in Monaco, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Monaco. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

You could be interested

FSP license in New Zealand

In line with the law, a legal entity operating in the NZ monetary market can pass registratiοn as a financial service provider (for short, FSP). When an institution obtains a status of a FSP in New Zealand, it is permitted to carry out such activities as: Advisory services; Deposit accepting; Brοkerage services; Portfolio management on...

Crypto license in Cyprus

Firms intending to establish a business-project in this jurisdiction and conduct crypto-activities need to send a special application to CySEC regulative authority to get a separate crypto-license. Process of becoming the owner of such a permit as crypto-license in Cyprus contains some nuances and requires special attentiveness from the business-owner, however, owning Cypriot crypto-currency firms...

Gaming license in Estonia

The Estonian gaming market, which has a Baltic model, has a great prospect to be quite dynamic. The nation’s legalized games industry is governed by open procedures for getting gaming licenses, betting licenses and taxation policies. Read our guide on how to launch an online gambling industry in Estonia if you want to learn more...

Company registration in Cuba

For many years Cuba has been trying to create the most favorable conditions for attracting foreign investment. Today, it is a low-tax jurisdiction that is loyal to non-residents and offers opportunities for interaction with American and European corporations. Cuba is an offshore company with a progressive investment legislative base and signed agreements on avoidance of...

Cryptocurrency License in the USA

At the legislative level, the license for cryptocurrencies in the United States was secured in 2013. Then it was decided to lift the ban on cryptocurrencies and develop special provisions for their use. Cryptocurrencies in America are decentralized and used like regular money. Consequently, exchanges and other companies that carry out transactions with crypto-money must:...

Olderni Gambling License

A business operates illegally if its owner does not have the online casino licenses required for a certain type of activity. Gambling is no exception, and a special permit is required for the official operation of the casino. You can purchase such a license from Eternity Law International. We are in regular contact with Alderney...
Fill the blank:


Dreikonigstrasse, 31A, Stockerhof


Baseina street, 7


Grosvenor Gardens, 52

New York

1178 Broadway, 3rd Floor #3353 New York, NY 10001


Gediminas Avenue, 44A


Kesklinna linnaosa, Tuukri 19


Lochrin Square, 1


Jacovides Tower, 5 floor


Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai


Level 42, Suntec Tower Three, 8 Temasek Boulevard


20 Martin Place


2609 Avenida da Boavista


Revaz Tabukashvili Str., N 45, area N 7