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Taxation in Monaco

One of the characteristics of the Principality is favourable taxation for individuals. The lack of income tax dates back to an Ordinance by Prince Charles III in 1869.The only direct tax in the Principality is a tax on the profits of industrial and commercial activities. There is no wealth tax, annual property tax o...

Michel Roger "Face à la Presse"

Corporate income tax

PrincipleFirms carrying out commercial or industrial activities and generating more than 25 % of their turnover outside Monaco are subject to corporate income tax.The legal form of the company is irrelevant with regard to the application of the tax. The nature of the activities and location of transactions determine...

Export formalities

The "International Procedures" Office of the Monaco Economic Board (MEB), issues and certifies various export documents for the Principality's firms, such as: The certificate of origin, and various commercial and administrative documents (invoices, packing lists, certificates of free sale, supplier decla...

36th International Circus Festival of Monte-Carlo

How to receive legal assistance

Monaco Economic Board

The MONACO ECONOMIC BOARD (MEB) promotes economic activity in the Principality and contributes to its development.To fulfil these roles, the MEB has created two departments. The MONACO CHAMBER OF COMMERCE (MCC) supports the development of Monaco’s companies in the Principality and abroad; and MONACO INVEST (MI) canv...

Visiting someone in prison - information for families

Required FormalitiesYou must obtain a visiting permit. You can collect a permit from the: Palais de Justice 5 rue Colonel Bellando de Castro98000 MonacoPhone: (+ 377) 98 98 88 11You should take valid proof of identity and two photos in a 3.5 x 4.5 cm format.Once the permit has been issued by the competent judicial a...

How to appoint a director to a société anonyme in Monaco

Legal aid

The purpose of legal aid is to allow individuals with insufficient resources to exercise their rights in court.In special cases, legal aid may be granted to non-profit entities based in the Principality, provided that their activities or situation appears particularly worthy with respect to the matter in dispute and...

The Remand Prison of Monaco

Director: Mr.Olivier RICHAUD Assistant Director: Mrs.Cécile CRESTO-PIZIOChief Warder: Mr. Alain MargeMonaco's penitentiary system has had a long history and its depiction is far from being devoid of interest. Today, there is a regulatory framework governing penitentiary activities in Monaco. The laws regulating the...

Filing of accounts

PrincipleAll companies are legally required to draw up a statement of accounts, a profit and loss statement and a management report and to submit these accounting records to the Trade and Industry Registry.For companies in the form of société anonyme or société commandite par actions, this requirement was establishe...

Louis II Stadium

IntroductionLouis II Stadium includes: A sporting complex A collection of administrative, university and commercial locations A car park with 1320 parking places spread out over four levels Louis II Stadium is open almost everyday of the year (excluding 19 November, 1 January and 1 May) and is for the use, abo...

The General Court Registry

JurisdictionThe General Court Registry is a unique body of officers of the court whose mission, before all jurisdictions in the Monegasque judicial system (Judge of the Peace, Court of First Instance, Court of Appeal, Court of Revision) and before the Supreme Court, is to draw up, keep and dispatch the judgments and...

The Department of Justice

RoleThe “Direction des Services Judiciaires” is the Monegasque Department of Justice.Governed by an Ordinance of 9 March 1918 - now governed by the Act No. 1.398 of 24 June 2013 pertaining to judicial administration and organisation- it constitutes an administration which is independent from the Prince’s Government...

Commercial agency

A commercial agency is a branch office of a firm whose registered office is located abroad, which has the aim of developing commercial activities in Monaco.It must first obtain a business permit issued by the Minister of State and appoint a director for the Monegasque branch.The application for authorisation must be...

Regulations applying to the rent-controlled housing of private tenure

Legal texts in force: some key readingAn informal document drawn up by the Housing Department, taking into account the decisions giving by the Supreme Tribunal on 16th January 2006, on 16th April 2012 and on 12th July 2022,intended to facilitate users' understanding of the legislative texts in force.Consult this doc...

How to establish an administrative office

How to sell or transfer a vehicle

The High Council of Judges and Prosecutors

Instituted under Act no. 1.364 of 16 November 2009 on the status of the Judiciary, the High Council of Judges and Prosecutors is a collegial body invested with an important role in the administration of justice.Firstly, the objective of the High Council is to ensure that fairness, equal treatment, and all the princ...