THE PRINCIPALITY OF MONACO

Investing in the Principality of Monaco

Investing in the Principality of Monaco means choosing a prestigious financial center while, in addition, benefiting from unique and exceptional advantages offered by the Principality of Monaco.

Investing in the Principality of Monaco also means enjoying a favorable tax system, with total discreetness and an elaborate regulation on banking secrecy.

A specific tax system

The general principle of the Monaco tax system is the total absence of direct taxation. They are two exceptions to this principle:

• Companies with a turnover out of the Principality above 25 %, and companies in the business, in Monaco, receiving revenues from patents or rights of literary and artistic property are subject to    33,33 % tax on profits. No direct taxation is collected from those cases other than profit taxes.
  
  
• Natural persons of French nationality, who could not submit proof of 5 years residency in Monaco at the date of 31/10/1962, are subject to French income taxes.
  The Principality signed no other bilateral tax agreement besides the one binding it to France.

At the Compagnie Monégasque de Banque, we will give you the best advice on the procedures you need to follow. Do not hesitate to get in touch with us as soon as you arrive in the Principality of Monaco.

Headquarters: 23 avenue de la Costa - Tel . +377 93 15 77 77
directioncommerciale@cmb.mc