Incorporation of Companies
Except for Monegasque nationals, the carrying out of any business, trade, industry or profession in the Principality of Monaco is subject to the prior authorisation of S.E.M. the Minister of State, whether that the said activity is carried out in sole trader or partnership/company.
Some regulated activities may also require specific authorisation. (Banking and financial activities, real estate, legal, accounting, etc.)
For more information relating to setting up a company in Monaco click here.
Regardless of the business being contemplated, we assist and advise our clients during the different stages of setting up a legal entity, i.e. the legal form, the drafting of Articles of Association, the definition of the corporate “purpose”, the drafting of legal documentation or the collection of the documents required for the application to be submitted to the Department of Economic Expansion, and where appropriate, any other authority at stake.
We also carry out all the "post-authorisation" steps required by Law. (Registration at the Register of Trade and Industry, publication formalities, registration of the activity with the Tax Administration, registration with social organisations such as social security...)
If necessary, we work with different local professionals regarding the search for a registered office, the opening of a bank account, etc.
Therefore, our purpose is to offer our clients a bespoke service so that they can concentrate on the business aspects of their project's development.
Regarding non commercial activity, it is worth noting that incorporating a Monegasque Civil partnership does not require a prior authorisation. Consequently, the formalities of incorporation are much simpler. Again, we offer our clients "turnkey" solutions for the development of personal projects relating to real estate, wealth...
- Setting up a Monegasque limited company (SAM),
- Setting up a limited liability company (SARL),
- Setting up a limited partnership (SCS),
- Setting up a private company (SNC),
- Establishing branches and administrative offices of foreign companies,
- Establishing sole proprietorships,
- Setting up non-trading companies (SCI, SCP, etc.),
- Drafting Articles of Association under Monegasque law,
- Administrative procedures,