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Monaco

No personal income tax for residents — premium prestige jurisdiction.

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Key facts

Region
Europe
Corporate tax
25%
VAT
20%
Currency
EUR
Time zone
CET
Language
French

Key advantages

  • 0% personal income tax.
  • Stability and prestige.
  • EUR economy.

Entity types

TypeFull nameTaxVATMin. capitalSetup timeBest for
SAMMonaco joint-stock company25%20%€150,0008–12 weeksLarger structures
SARLLimited liability company25%20%€15,0006–10 weeksSMEs

Frequently asked questions

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Company type· Monaco

Get advice on starting up in Monaco

Klaus Garde Nielsen advises on jurisdiction choice, structure and practical setup.

Contact Klaus Garde Nielsen

Contact Klaus Garde Nielsen

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