29 September 2022 Press release
On Sunday 18 September 2022, on the occasion of the International Astronautical Congress, the members of the International Astronautical Federation (IAF) - established in 72 countries, with the par...Read more of The Office for Outer Space Affairs of Monaco joins the International Astronautical Federation
23 September 2022 Press release
On Tuesday 13 September, City Hall, the Police Department, the Business Development Agency, the Human Resources and Training Department, and the Digital Services Department were officially certifie...Read more of Trusted Provider certification ceremony
30 July 2022 Press release
On 28 July, Minister of State Pierre Dartout and Minister of Public Works, the Environment and Urban Development Céline Caron Dagioni met senior executives from SBM Offshore, a historic player in t...Read more of Minister of State visits SBM Offshore
26 July 2022 Press release
On 26 July 2022, the Minister of State visited the pharmaceutical company Techni-Pharma, based in Fontvieille. He was accompanied by his Chief of Staff, Laurence Garino, and the Director of the Bus...Read more of Minister of State visits Techni-Pharma
19 July 2022 Press release
Monaco Statistics (IMSEE) recently published an initial study on the gender pay gap in Monaco. The study, a first for the Principality, was requested when the Women’s Rights Committee was set up “t...Read more of Monaco Statistics delivers tool for measuring gender pay gap in Principality
Prince’s Government and Monaco City Hall renew permission for shop and restaurant terraces to occupy public streets for free until 30 September 202217 June 2022 Press release
As part of the economic recovery plan, the Prince’s Government and Monaco City Hall have decided to renew permission for shop and restaurant terraces to occupy public streets for free from April to...Read more of Prince’s Government and Monaco City Hall renew permission for shop and restaurant terraces to occupy public streets for free until 30 September 2022
07 June 2022 Press release
On 7 June 2022, H.E. Mr Jordi Torres, the Andorran Minister of Tourism and Telecommunications, paid a working visit to the Principality. He was accompanied by H.E. Ms Eva Descarrega, Andorra’s Amba...Read more of Andorran Minister of Tourism and Telecommunications pays working visit to Principality
24 May 2022 Press release
Ms Isabelle Bonnal, Commissioner General for the Department of Education, Youth and Sport, yesterday officially opened an educational shop at Monaco’s Vocational and Catering School. Representative...Read more of Educational shop officially opened at Monaco’s Vocational and Catering School
2nd meeting of Committee for Coordination and Monitoring of the National Strategy on Money Laundering29 April 2022 Press release
This morning, Minister of State Pierre Dartout chaired the second meeting of the Committee for Coordination and Monitoring of the National Strategy on Money Laundering, Terrorist Financing, Prolife...Read more of 2nd meeting of Committee for Coordination and Monitoring of the National Strategy on Money Laundering
29 March 2022 Press release
As part of the measures to support businesses in the Principality, the Prince’s Government and Monaco City Hall have decided to once again allow shop and restaurant terraces to occupy the public hi...Read more of Shop and restaurant terraces can occupy public highway for free during Q1 2022
Helping businesses develop effectively and ethically over the long term.
The Prince’s Government has responded actively to the roadmap set out by H.S.H. the Sovereign Prince by putting in place an ambitious policy aimed at attracting businesses. Whether setting up, inventing and innovating or developing a business, entrepreneurs have the same important requirements as elsewhere.
The Principality offers many unique features and opportunities.
What is the secret of success for Monegasque businesses?
Ten good reasons for choosing Monaco
The first reason for success is no secret: It's just Monaco, plain and simple.
Discover ten good reasons – and there are many more - why entrepreneurs want to set up business in Monaco. Click here to find out more
Setting up and developing a business requires an abundance of energy on the part of entrepreneurs. To ensure that they all benefit from the best conditions for success, the Prince’s Government has set up the Welcome Office: a multilingual, versatile team offering a tailored welcome to individuals and entrepreneurs. The Office aims to assist visitors with administrative procedures, providing them with the necessary tools and information, and putting them into contact with the key organisations in the Principality, who will be able to help them get established and integrate as quickly as possible. Through the Welcome Office, Monaco is positioning itself as a partner for entrepreneurs. Click here to find out more
Law and taxation
Despite certain clichés, corporate taxation in Monaco arising from the creation of wealth makes a proper contribution to the State's income.
However, the Government always supports development, in strict compliance with the rules of ethics. In addition, corporate tax, which is said to be "soft," is particularly attractive for recently established companies.
With a view to encouraging development, the Prince’s Government has undertaken to update corporate and business law to bring it in line with the current economic situation in a modern legal framework. Click here to find out more