- Homepage
- The Economy
- News
- New legal provisions for trading companies and economic interest groups
New legal provisions for trading companies and economic interest groups
New legal provisions apply to trading companies and economic interest groups (EIG) registered in the Trade and Industry Register (RCI).
The new provisions apply to the following legal structures:
- Private limited liability company (SARL)
- Joint-stock company (SAM)
- Limited partnership (SCS)
- Partnership (SNC)
- Partnership limited by shares (SCA)
- Economic interest group (EIG)
- Foreign companies (SE)
Companies must now appoint a person or persons responsible for basic information on the legal entity and for information on beneficial owners and declare this to the Business Development Agency.
Companies must designate either one single person for both categories of information or two separate persons.
Designated person(s) can be:
- Partners
- Shareholders
- Executives
- Employees
- Members
They can also be a representative of an associated legal entity, executive or member (for EIGs only).
The designated officer(s) must be natural persons residing in Monaco.
If no natural person resident in the Principality can be designated, information officer(s) must belong to one of the following professions:
- avocat-défenseur, lawyer or training lawyer
- public accountant or a chartered accountant
- notary
- company service provider
- legal consultant
- multi-family offices
This information must be declared to the Business Development Agency using a dedicated form and is completely free of charge.
For more information about the procedure, visit www.monentreprise.gouv.mc , under “How to designate a person responsible for the information”.
The Business Development Agency
9 Rue du Gabian
98 000 MONACO
Hours: 9.30 am to 5 pm, Monday to Friday
Autres actualités du thème

The Coordination and Follow-up Committee for the National Strategy For Tackling Money Laundering

Anti-money laundering: the Prince’s Government welcomes the FATF’s acknowledgement of progress made by Monaco in its first report since the country was greylisted in June 2024
