Company registration in Monaco

Name of service Bronze Silver Gold
Company name verification and reservation in Registre du Commerce et de l'Industrie de Monaco Verifying the availability and reserving of your preferred company name in the registry.
Company SARL registration including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Statutory documents of the company Articles of Association, Incorporation certificate, Register of Members, Share Certificate Preparing a comprehensive package of incorporation documents for any form of company ownership.
Company seal Production of the company seal
Assistance in opening a corporate bank account in the local bank BNP Paribas, CMB or other Collecting, processing and filing the necessary documents for opening a corporate account with a local bank.
Assistance in obtaining residence in Monaco Preparation of all necessary documents for obtaining the status of Monaco resident
Free consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need.
Total cost
5500 EUR 8500 EUR 11500 EUR
Provision of a legal address for 1 (one) year
1900 EUR 1900 EUR 1900 EUR
Accounting services
250 EUR 250 EUR 250 EUR

Deal of the month

If you will register a company until May 31,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Monaco is one of the most prestigious and status world jurisdictions, and a huge number of people seek to live and work here. The Mediterranean climate, picturesque nature, the highest economic and social level, and a sparing tax policy make the principality very attractive for businessmen. If you are among the interested businessmen who intend to start doing business in this jurisdiction, establishing your business presence here is possible in one of these registration forms.

Major Forms of Legal and Business Presence

If you intend to incorporate a company in Monaco or start doing business here in any other way, the following registration options are available to you:

  • Limited Liability Company (SARL) – a legal person that may be established by two or more individuals who bear the limited liability for the outcomes of the entity’s operation – within the amounts of funds contributed. Shareholders may be natural or legal persons. The minimum required chartered capital for this entity is EUR 15,000 which must be paid up at the moment of registration.
  • Joint-stock Company (SAM) – a popular form for which commercial, insurance, and financial activities are allowed, the number of founders starts from two, and the minimum capital is EUR 150,000 that must be fully paid up. Certain types of regulated activities, like insurance, may require a higher amount of chartered capital. The liabilities of shareholders are restricted to the amounts contributed to such a company only. Contributions can be made in cash or in kind. This entity is governed by the Board of Directors. Such directors may be natural or legal persons.
  • General Partnership (SNC) – members shall conduct commercial activities only and have unlimited liability over the results of the partnership’s operation. There are no minimum capital requirements, it is distributed among partners according to the agreement between them. Minimum two members are required without limiting the maximum number of such shareholders.
  • Limited Partnership (SCS) – a form of doing business that can be established and run by two persons at least: (i) active partners – they are jointly and severally liable for the results of the entity’s operation and has a status of traders, and (ii) limited partners – they are not liable for the results of the partnership’s operation and bear liability within the limits of their contributions only; such partners are not considered to be traders. The legislation of Monaco doesn’t stipulate the minimum amount of chartered capital for this company. The management is vested after active partners.
  • Branch – a foreign company may establish and run in Monaco commercial activities the same as abroad. The liability for the results of such commercial endeavors is unlimited. One director is required for the branch of a foreign company in Monaco.

Registration Requirements and Steps

Company formation in Monaco requires passing the following approximate registration steps:

  1. Clarifying your business goals and objectives you intend to realize through the local enterprise.
  2. Choosing and checking a business name for a future enterprise in Monaco.
  3. Collecting details about the company's founders and beneficiaries.
  4. Hiring a local director – this should be an individual from the principality. It is also necessary to determine the composition of the Board of Directors if you intend to establish such, the responsibility of assigned managers.
  5. Opening an account with a local bank to deposit the required amount of chartered capital on the account and confirm the fact by a notary. Later, it will be necessary to confirm the capital with a bank certificate while submitting documents for the registration.
  6. Taking care of the availability of a real office - this is carefully checked by the authorities, and you cannot change it, otherwise, you will have to re-register the enterprise.
  7. Drafting and assuring all the constituent documents from the local attorney.
  8. Paying tax on the authorized capital (1%) at the time of business registration.
  9. Submitting the charter, constituent documentation, and registration forms to the registrar for approval and subsequent registration if the package is compliant with the provisions of the legislation. If the procedure of opening a company in Monaco was successful, the founders receive an official certificate, which the notary assures.
  10. Registration for tax and social security purposes.
  11. Publishing information about the new business in the Journal de Monaco.
  12. Obtaining licenses and permits for regulated types of activities.

Legal and Regulatory Framework

In the country there are strict criteria for "entry" – in order to register a company in Monaco, it is necessary to obtain the approval of the authorities and agree on the type of activity in government bodies. Only if you could prove that your business will benefit the country's economy, the company will be allowed to open, so professional support when opening companies in the principality is appropriate, as nowhere else. Another example of important legal formality that should be fulfilled is the provision of annual statements from the balance sheet, a profit/loss account performing an audit, and store copies of financial statements in the company. Prifinance lawyers will help to fulfill all formalities and obtain the necessary permits.

Tax System of Monaco

Company registration in Monaco may be a good choice for doing your business if take into account the following tax highlights associated with the jurisdiction:

  • Corporate income tax rates – (i) 26,5% – for the financial year starting from January 1, 2021, and (ii) 25% – for the financial year starting from January 1, 2022
  • Personal income tax rate – residents of Monaco are exempted from taxation, but in the cases with non-residents laws of other states shall be applied
  • Value-added tax rates – (i) standard – 20%, (ii) reduced – 10%/5.5%
  • Withholding tax rates – not applicable (N/A)
  • Capital gains tax rates – N/A.

Advantages of the Jurisdiction

Opening a company in Monaco is the key to many opportunities, including residence permits for the founder and his family. Among the advantages of jurisdiction these ones should be mentioned in the first turn:

  • High degree of business reliability – Monaco is a European financial center, and banks provide confidentiality to customers.
  • An attractive fiscal policy – for the first two years the business will be exempted from taxes, although in general, the rate is 31%, while it can be said that Monaco is offshore.
  • Absence of taxes on real estate, inheritance, property, and profits (if the turnover outside the country does not exceed a quarter of all).
  • Many benefits for people permanently residing in the Principality and so on.

How Prifinance Specialists May Help You

We offer prompt company registration and bank account opening services in Monaco and worldwide. New registration and ready-made options. Provide extensive details for more precise consultations and suggestions that can be effective for your future project.

Best Offers

  • 1250 EUR

    • Сompany registration
    • Legal address for 1 year

  • 4700 EUR

    • Сompany registration
    • Legal address for 1 year

  • 2350 EUR

    • Сompany registration
    • Legal address for 1 year

  • 2690 EUR

    • Сompany registration
    • Legal address for 1 year

  • 1900 EUR

    • Сompany registration
    • Legal address for 1 year

  • 1800 EUR

    • Сompany registration
    • Legal address for 1 year

Cooperation

Our clients

PRIFINANCE COMPANY
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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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