Creating and registering a company in Monaco can be tricky, but Foster Swiss makes it simple for you.

With its business structure and our advice, the complete registration of an entity can be ready in less time, including offshore accounts.

Constituting in Monaco has tax virtues, although they are not many, in the same way they can be beneficial for foreign investors. The legal forms available in this jurisdiction are: Commercial Legal Corporation, Limited Liability Company, Limited Partnership, Foreign Administrative Office, Branch and The Monaco Foundation.

It is very important to note that for any type of entity that wishes to register; the commercial register includes all the identity information of the legal owner, both names and countries of residence, passport, identification numbers, among other relevant data.

Although updating the information on the identity of the owners is not mandatory, changes made to the details of the company or its officers must be submitted to the Monaco business register.

The Government of Monaco is very demanding and closely examines potential investors and companies that want to establish themselves in this luxurious jurisdiction. Under the terms of each license, the company must comply with strict operating restrictions.

Can having only a specific financial license extend trade to other areas?

No, the company must comply only with the narrow band of activities for which it is licensed. It also has an operational obligation to have facilities and staff in Monaco.

The planning of the company must be organized in a cautious and careful manner, since the formation of one in Monaco is expensive due to the need for a minimum paid-up capital of 150,000 EUR, which can be increased depending on the type of industry.

Entities are required to keep accounting data, as well as annual accounts must be submitted for all types of companies, but they are not required to use a Legal Entity Identifier.

If you wish to register an entity in Monaco, Foster Swiss can advise you. We help you in practically everything, we provide you with personalized advice from the moment you choose a corporate structure for your company, until even one year after you have incorporated 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