FAQ


Everything You Need to Know About Registering a Company in Monaco


1. What are the steps to register a company in Monaco?
You must first choose the legal structure suited to your project, then obtain a business license issued by the Direction de l’Expansion Économique (DDE). The next steps include drafting the articles of association, domiciling the company, opening a bank account in Monaco, and depositing the share capital. Once the application is complete, the company is registered with the Trade and Industry Register (RCI).

2. How long does it take to get a business license in Monaco?

According to Law No. 1.573 of April 8, 2025, on the modernization of corporate law, the legal timeframe is a maximum of 45 days. For regulated activities, the absence of a specific legal timeframe may result in longer processing times. Final registration with the RCI typically takes between 2 to 4 weeks, depending on the type of business and the completeness of the application.

3. What is the purpose of the Trade and Industry Register (RCI)?

The RCI is the official register listing all businesses operating in Monaco. Registration is mandatory to legally operate. It also provides useful information on existing companies and procedures to follow.

4. Is the RCI registration renewed annually?

Civil companies must renew their registration each year with the Special Register of Civil Companies. This update ensures the registration remains valid and avoids any legal irregularities.

5. What budget should be planned for company registration?

Administrative costs vary depending on the legal structure chosen. These generally include:

  • Share capital:

-          €15,000 for an SARL

-          €150,000 for a SAM

  • Registration duties payable to the Tax Department
  • RCI registration fees
  • Publication costs in the Journal de Monaco
  • CAMTI/CARTI social security contributions throughout the business activity

6. Can a non-resident set up a company in Monaco?

Yes, this is entirely possible. Non-residents must simply comply with local formalities, including submitting a request for a business license. The project must be well-structured and aligned with the Monegasque legislation.


7. I want to grow my business in Monaco — do I need a Monegasque partner?

No, it is not mandatory to have a Monegasque partner to set up a company in Monaco. However, certain sectors that are already saturated on the territory may be restricted or reserved for Monegasque nationals.

8. Which legal structure should I choose in Monaco?

The best option depends on the size of your project and your business goals:

  • SARL: for small to medium-sized businesses, with accessible capital requirements and limited liability
  • SAM: suitable for large-scale projects or those requiring significant investment
  • SNC: for partners who are willing to accept unlimited and joint liability
  • SCS: ideal for separating management and investment; hybrid structure with general partners (personally liable) and limited partners (liable up to their contribution only)
  • ANP: perfect for solo entrepreneurs operating in their own name
  • Civil Company: used for non-commercial activities, such as wealth or real estate management. Offers operational flexibility, with partners liable in proportion to their share in the capital

9. What are Monaco’s tax specifics?

Companies generating at least 75% of their revenue within Monaco are exempt from corporate tax. In addition, international operations carried out from Monaco may benefit from VAT exemptions, making the Principality a highly attractive tax environment.

10. Is a Monegasque bank account required to start a business?

Yes, this is mandatory. A business bank account must be opened with a financial institution in Monaco after obtaining the business license and before applying for registration with the RCI.

11. What domiciliation services does One Business Office offer?

One Business Office offers various domiciliation solutions to meet different business needs:

  • Fully equipped private offices
  • Coworking spaces
  • Administrative domiciliation

These services are designed to support both local and international entrepreneurs.