Business Development Agency

Role

The duties of the Department are:

• The examination  and the administrative support of applications for the creation of new businesses and the amendments to existing businesses
• Keep the Trade and Industry Register
• Deal with Court cases under its area of responsibility and proposals to update legislative and regulatory provisions in force, and, if appropriate, draft new legislation
• Monitor business activity
• Examine applications, grant and monitor financial aid packages for businesses
• Issue industrial property rights certificates and perform the relevant registrations in national records

The Authority is also entrusted with:

• Creating, maintaining and optimising permanent contacts and relationships with all professional and business partners
• Participating in prospection or economic development organised by the competent bodies

Within this Agency, Monaco Welcome and Business Office is specifically responsible for developing a high quality one-stop-shop and personalised support for entrepreneurs

Organisation and operation

The Business Development Agency is organised around a unit and two functional centers of expertise, as follows:

Monaco Welcome and Business Office or the 'Front Office'

It includes the Business Development and Funding Division

General Administration or 'Back Office'

It includes:

• The Business Start-up Division
• The Business Monitoring Division
• The Legal Services Division
• The Trade and Industry Register Section

Intellectual Property Authority

It includes the Intellectual Property Division.

Official Directory

Legislation

Ordonnance n. 3.188 du 17/03/2011 portant modification de l'ordonnance souveraine n° 11.986 du 2 juillet 1996 portant création de la Direction de l'Expansion Économique

Ordonnance n. 11.986 du 02/07/1996 portant création de la direction de l'expansion économique