Limited liability Company in Monaco
The Monaco Limited Liability Company (SARL) provides limited liability protection to foreigners. A SARL’s shares can be owned entirely by foreigners. “Societe a Responsabilite Limitee” is the full name of this form of company (SARL). It can be roughly interpreted as a “Society of Limited Responsibility.” To engage in commercial activities, SARLs are formed. Holding firms and other passive commercial engagements are therefore prohibited.
We have a bundle of business-related solutions, one of which is Limited Liability Company registration and setup. We provide the required tools and expertise needed to register and successfully run a limited liability company in Monaco.
Get started
We work with our clients to improve company competitiveness, flexibility, employee engagement, and satisfaction by assisting them with company registration, tax issues and accountancy.
Limited liability Company registration conditions
A SARL must have a minimum of two directors. A minimum authorized share capital of 15,000 euros is necessary. The share capital must be divided among the shareholders into equal full subscribed shares.
Timeline
It takes up to 60 days to form a SARL In Monaco.
Fees
The fees to set up a SARL can reach up to 5380 EUR. Contact us and request our incorporation quote.
Compulsory regulation
Every SARL must avoid choosing a name that is identical to or too close to the name of any other company or legal organization in Monaco. The words “Societe a Responsabilite Limitée” or the suffix “SARL” must appear at the end of every SARL’s company name. To form a SARL, a minimum of two shareholders are required. Shareholders are free to live in any country and to be citizens of any country. Shareholders might be individuals or corporations.
Documents
List of documents required to register Limited Liability Company in Monaco:
- A copy of the applicant’s birth certificate,
- A copy of the applicant’s police record from the previous three months,
- A copy of the applicant’s national identification card (passport, driver’s license, or national identification card),
- The applicant’s curriculum vitae (CV),
- Two copies of the Association’s Articles of Incorporation,
- Three copies of a specific form containing each shareholder’s personal information,
- A description of the various sorts of company activity, as well as an estimate of the first three years’ turnover,
- A formal application outlining the anticipated commercial operations in Monaco,
- A copy of the lease agreement for the office.
We help you prepare these documents affordably and satisfyingly.
Consultation about Limited Liability Company registration
Our consultation services for registering a Limited Liability Company in Monaco aim to assist you in each stage of setting up your business. Our experienced advisors will help you with all the necessary paperwork, permits, and registrations to ensure a seamless process. We offer personalized advice on legal obligations, share capital, and corporate structure to support you in making educated choices that are in line with your business objectives.
Ownership management
Handling the ownership of a Limited Liability Company can be challenging yet essential. Our services involve managing ownership changes, overseeing beneficial owners, and facilitating ownership transfers. We guarantee that all ownership modifications are accurately recorded and conform to current regulations.
Corporate structure changes
As your company grows and changes, your organizational structure may also need to be adjusted. We offer a range of services to help you make any necessary changes, such as updating director information or making structural adjustments, in a seamless and efficient manner.
Share capital management
Managing share capital is essential for the financial well-being of your company. We provide services to assist in enhancing, decreasing, selling, and transferring share capital, guaranteeing that all transactions are completed correctly and in compliance with legal regulations.
Other legal forms in Monaco
The Monegasque Commercial Code, which is based on the French one, governs the most popular type of business in Monaco.
The fundamental distinction between the Monegasque business organization and that of other foreign economies is that the SARL was not a corporate entity until 2007.
The sole proprietorship, general partnership (SNC), limited partnership (SCS), limited partnership with shares (“SCA”), general business corporation (SAM), and limited liability company (SARL) are the most common business structures in Monaco.
Ready for the next step
Accelerate your business growth while we take care of everything else.