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Monaco Company Formation

MONACO
Type of Entity: Sociétés Anonymes Monégasques (SAM)
Type of law: Monaco Civil Code
Shelf company availability: No
Incorporation time frame: 4 weeks
Minimum Government fees: Notary costs (0.90% of the amount of the share capital), registration fee (1,5% of the amount of the share capital), legal publicity (about EUR 5,000)
Regular Corporate Income Tax: 33,33%
Double Tax Treaty access: Yes
Minimum issued share capital : €150,000
Minimum paid up share capital on incorporation: 100% of share capital
Minimum number of Shareholders required: Two
Bearer Shares: Yes, but they must be deposited with a local institution
Nominee Shareholders Permitted: No
Minimum number of directors: Two ( may be natural or legal persons)
Corporate directors permitted: Yes
Local directors required: Yes
Local meeting required : Yes
Company secretary required : No
General Meetings of Shareholders: At least once per year (approval of the annual accounts,...)
Local Registered office required: Yes
Exchange Control: No
Disclosure of beneficial owner to Company Registrar: Yes
Annual return: Yes
Submission of accounts: Yes
Audit: No

We do our best to monitor the compliance of this jurisdiction with the latest international regulations set by OECD and other international institutions and countries.

At any moment, Damalion may decline any customer demand about this jurisdiction, at its sole discretion and without any obligation to provide any reason.

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