If you are thinking of expanding your business to Monaco, you should be clear that, being such an exclusive jurisdiction, establishing a branch can be very expensive for the benefits that can be obtained.

Making this clear, it is entirely possible to register a company as a Branch in this beautiful jurisdiction.

Branches are companies that depend on a parent company, this parent company can be located within the same country or outside it. A branch is an extension of another company already constituted with which it maintains a relationship of dependence.

Parent companies decide to open branches in Monaco because it is an elite market in which they can expand their operations and reach and achieve growth in sales and better positioning compared to their rival companies. 

The objective of this type of company is to represent, create business opportunities and negotiate the goods and services offered by the parent company on which it depends. Opening new markets in Monaco may be possible with the help of Foster Swiss.

Branches in Monaco require a license to start operating. This structure requires providing sufficient evidence to support such a request, such as evidence of sufficient funds and audited accounts of the parent company for three years. 

The license of branches in Monaco is issued for a period of three years and is not automatically renewed. The renewal request must be made.

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

Our advisors will 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