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.
Go to Industrial Property website

Official Directory

Legal References

Ordinance no. 3.188 of 17 March 2011 amending the Sovereign Ordinance no. 11.986 of 2 July 1996 establishing the Business Development Agency

Ordinance no. 11.986 of 02 July 1996 establishing the Business Development Agency