Legal entity types in Monaco compared
We have expertise in helping entrepreneurs like yourself understand Monaco’s business structures. Our thorough services will guide you in selecting the best structure for your business and meeting all legal obligations. Let’s discuss the different business structures in Monaco and how we can support you in establishing your presence in this thriving European nation.
Legal entities in Monaco
Below is a summary of the most common types of legal entities that can be established in Monaco:
Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
---|---|---|---|---|
Limited Liability Company | Société à Responsabilité Limitée | € 15000 | Directors | 10 days |
Joint Stock Company | Société Anonyme Monégasque | € 150000 | Board of directors | 14 days |
Branch Office | – | – | Branch manager | 15 days |
Holding Company | – | – | Board of directors | 10 days |
Limited Liability Company (Société à Responsabilité Limitée)
The Limited Liability Company is a favored option for businesses in Monaco due to its limited liability protection and simplified registration process, making it a convenient choice for entrepreneurs. We are available to assist you in establishing your Limited Liability Company in Monaco.
Joint Stock Company (Société Anonyme Monégasque)
The Joint Stock Company is commonly selected for larger businesses in Monaco due to its capacity to raise capital through public offerings and its flexibility in share transfers, which provide notable benefits. We are available to help you with registering your Joint Stock Company in Monaco.
Branch Office
A branch office is like a satellite of the main company, enabling it to operate in another area while maintaining its original legal status. Having a branch office in Monaco can be beneficial for businesses seeking to grow into the country without forming a new legal entity. By functioning as a branch, the main company can utilize its current brand recognition and resources while accessing new markets. We provide thorough assistance in navigating the complexities of establishing and overseeing a branch office in Monaco, guaranteeing a seamless and lawful entry into the market.
Holding Company
A holding company is a strategic tool commonly used to control other companies by owning their shares. In Monaco, setting up a holding company can provide advantages like centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and enhance tax planning. Our specialized team offers personalized support to assist you in creating and running a holding company in Monaco while complying with regulations and maximizing your corporate structure’s capabilities.
Requirements for starting the business
Let’s examine the necessary criteria for establishing a business entity in Monaco and how our committed team assists you throughout the entire process.
Minimum share capital
Monaco has minimum share capital requirements based on the business structure selected. Regardless of the type of company, our experts will help you figure out the minimum share capital necessary for setting up your business. We collaborate with you to ensure adherence to rules and make the most of your financial resources
Directors and shareholders
In Monaco, it is mandatory for every business structure to have directors and shareholders appointed. Our experts provide valuable guidance in selecting appropriate directors to ensure that your company benefits from their expertise and aligns with your strategic goals in the long run.
Legal duties and obedience
It is essential to meet all obligations, from registering with the appropriate authorities to fulfilling ongoing reporting and tax requirements. Our legal team manages the administrative tasks to ensure that the business remains fully compliant. This enables you to concentrate on your main activities while we handle the paperwork.
Book a consultation
The team ensures they fully grasp your objectives, sector, and obstacles in order to offer tailored assistance as you embark on the journey of forming a business. With our expertise and commitment to excellent service, we guarantee a smooth and stress-free path to establishing a successful company in Monaco. Do not let the challenges of setting up a business in Monaco hinder your success. Trust in us to assist your company in reaching its full potential. Start your path to success by reaching out to us today. Simply complete and submit the inquiry form below, and our experts will reach out to you.