Lowtax Network

Back To Top

Your Lowtax Account

Monaco: Types of Company

Branch

A foreign company wishing to operate as a branch in Monaco must obtain authorisation, which involves submission of corporate documents, three years' worth of audited accounts, a statement of business intentions, evidence of available premises, and evidence of adequate funds.

Licences are normally issued for up to three years, and are not necessarily renewed automatically.

Branches of foreign companies are usually taxed at 35% in Monaco: a better plan may be to find a Monagesque manager, who is not taxed, rather than to set up officially.

 

 

Back to Monaco Index »