Limited partnerships are available in Monaco and are basically a commercial company in which general collective partners and limited partners coexist. Both contribute capital to a common fund.

These partners are distinguished by the following reason; the general partners respond unlimitedly to the social debts of the organization, while, the responsibility of the limited is only on the capital contributed.

Limited partners cannot manage or administer the company, a function that falls and must be fully performed on the general members. This type of entity is usually used in business when it is necessary to attract investment, without the administration of the company being intervened. 

In Monaco this company can register with one or more limited partners, with their respective limited liability and one or more general partners, with their unlimited liabilities.

Although it may be thought that the limited have no control and is not flattering, this benefits greatly from greater confidentiality without any requirement of disclosure of information to third parties or to the Registry of Commerce and Industry.

Can you have an office in Monaco?

In most offshore jurisdictions it is required for the registration of a company, that it has an office and Monaco is no exception, any form of offshore company that you want to register is the jurisdiction, it must have a physical presence.

Foster Swiss offers our secure office service. We can help you by providing you with a shared office space, with a one-time fee of US $850 and rent is paid monthly directly to the landlord.

If you want a spacious workspace with greater privacy we can also help you, in these cases where you want something more specific we have permanent office spaces, the cost will vary depending on the country and locality, you must bear in mind that Monaco has the most expensive real estate market in the world.

If you require more information about this jurisdiction, please contact our Foster Swiss advisors. Our team of experts will help you with virtually everything. 

In case of starting to set up a company in Monaco, they will provide you with personalized advice from the moment you choose a corporate structure for your company, until even one year after you have constituted your company and we take care of the whole process for you.

For more information on this topic or any requirement related to our services, you can contact us directly through info@fosterswiss.com