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Start your company in Monaco

Formation, registered office and bookkeeping — ready to operate from day one.

I'm in 4 min · no card required
Live in 61-63 days
  1. 1
    Dossier & Premises Day 1-14
    • Prepare full dossier for Service Public
    • Secure Monaco commercial premises lease
    • Compile founder background and capital proof
  2. 2
    Government Authorisation Day 15-42
    • File SAM or SARL request for agrément
    • Await Ministerial review and authorisation
    • Respond to additional government queries
  3. 3
    Registration & Banking Day 43-56
    • Register with Répertoire du Commerce
    • Open Monaco bank account, deposit capital
    • Enrol staff with Caisses Sociales
Starts from
€10,000 first year, all-in
≈ $11,768
What's included
  • Company formation €5,000
  • Registered office €2,600 /year
  • Bookkeeping €200 /month
    See pricing tiers by revenue
    • ≤ €50K revenue €200 /month
    • €50K–200K €335 /month
    • €200K–500K €560 /month
    • €500K–1M €1,120 /month
Still comparing? See alternatives →

Why Monaco?

UHNW individuals and family offices with €1M+ to commit

Monaco residency requires evidence of around €500K-€1M deposited with a CCAF supervised bank, plus genuine local housing. In return, residents pay 0% personal income tax on worldwide income, with the exception of French nationals covered by the 1963 Franco-Monégasque treaty.

0% personal income taxCCAF supervised banking~€1M+ entry threshold

Operating businesses with 75%+ revenue inside Monaco

Monaco companies generating 75% or more of turnover from activities conducted in Monaco pay 0% corporate tax. Above 25% foreign source revenue, the standard 33.33% rate applies. So the regime rewards genuine local substance, not letterbox structures.

0% if 75%+ local revenue33.33% on foreign incomeSubstance: 2+ employees, local office

Operators of a Société Anonyme Monégasque (SAM (Société Anonyme Monégasque))

The Monaco Société Anonyme Monégasque (SAM (Société Anonyme Monégasque)) requires €150K minimum share capital and government authorisation, but it's the recognised vehicle for regulated activities including private banking, asset management and insurance. SARL or SCS suit smaller operating businesses.

SAM €150K minimum capitalGovernment authorisedRegulated activities

Considerations

If you are a French tax resident or French national

The 1963 Franco-Monégasque treaty keeps French nationals taxed in France regardless of Monaco residency, and Monaco was added to the FATF grey list in June 2024. For French founders, Monaco rarely solves the tax problem cleanly.

1963 French treatyFATF grey listFrench CFC trap
→ Switzerland Lump sum forfait, FATF clear→ Portugal IFICI (Portuguese IP regime) regime, EU residency→ Dubai (UAE) 0% personal tax, no FR treaty trap

If you are running a startup or VC backed company

Monaco is a wealth and family office jurisdiction, not a startup hub. Setup runs €15K-€50K, banking takes weeks, and US VCs will require a Delaware flip anyway.

EUR 15-50K setupSlow bankingNot for startups
→ Delaware (USA) Court of Chancery, VC default→ Estonia Digital first EU, low cost→ United Kingdom FCA, deepest European fintech
Available services

Everything you need to run a company in Monaco

Filing, compliance, accounting, handled by certified local partners

Ready to incorporate

Start your company in Monaco

From formation to compliance, we handle every filing in Monaco.

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