COMPANY FORMATION · MONACO
A company in Monaco, by authorisation.
Monaco does not register companies on demand: every business needs government authorisation and real premises in the Principality. Done properly, it is one of the most prestigious addresses in Europe.
AT A GLANCE
The essentials, October 2026.
Indicative figures checked against official and specialist sources. Always confirm with licensed advisers.
- Main structures
- SARL (limited company) and SAM (Monegasque public limited company)
- Minimum capital
- SARL €15,000; SAM €150,000, with at least 25% paid up at incorporation
- Authorisation
- Required from the Monaco government before the company can operate
- Premises
- A physical office in Monaco; virtual offices are not accepted
- Corporate tax
- 25% for companies earning more than 25% of turnover outside Monaco; exemptions for new companies
- Personal income tax
- None for most residents (French nationals are an exception)
STRUCTURES
Company types
| Type | What it is | Good to know |
|---|---|---|
| SARL | Société à responsabilité limitée | Minimum capital €15,000; suits owner-managed businesses; a manager must be approved |
| SAM | Société anonyme monégasque | Minimum capital €150,000; incorporated by notarial deed and approved by ministerial order; suits larger or holding activities |
| Branch or office | Of a foreign company | For groups extending existing activities to Monaco; also subject to authorisation |
| Sole trader | Entreprise individuelle | For individual professionals resident in Monaco, subject to authorisation |
The right structure, in the right place.
ATLAS MAISON · Business concierge
COSTS
What to budget for.
Indicative only. Packages and government fees change; your advisers confirm the exact figures.
- Share capital deposited with a Monaco bank: €15,000 for a SARL, €150,000 for a SAM (25% paid up at the start).
- Notary, lawyer and accountant fees, which depend on the structure.
- Office premises in Monaco, which are scarce and among the most expensive in Europe; a key part of any budget.
- Staff and social charges if employees are hired.
THE PROCESS
Four clear steps.
- 1
Project & premises
Business plan, structure and office premises secured in Monaco.
- 2
Application
Authorisation application to the Monaco authorities with the required documents.
- 3
Incorporation
Capital deposited, statutes signed before a notary (SAM) and registration.
- 4
Operations
Trade register entry, bank account and, for founders moving, residency.
IMPORTANT
This guide is general information, checked in October 2026, and not legal, tax or immigration advice. Fees, thresholds and rules change; licensed professionals confirm what applies to you. ATLAS MAISON coordinates the process and introduces licensed corporate service providers, lawyers and accountants.
Questions, answered
How much capital do I need for a company in Monaco?
€15,000 for a SARL and €150,000 for a SAM, of which at least 25% must be paid up at incorporation.
Can I use a virtual office in Monaco?
No. Companies need real premises in the Principality, documented by a lease or title.
Do Monaco companies pay corporate tax?
Companies earning more than 25% of their turnover outside Monaco pay corporate tax at 25%, with exemptions in the first years; companies working mainly in Monaco can be outside its scope. A Monaco accountant confirms your position.
Does a Monaco company give me residency?
Not automatically. Residency depends on accommodation in Monaco and sufficient means. See relocation & residency.
COMPANY FORMATION
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BUSINESS CONCIERGE
Set up with the right people.
Tell us what you are planning. We introduce licensed providers and coordinate every step. Confidentiality agreement on request.