Business taxation in Monaco
Monegasque taxation is one of the factors behind the Principality's economic appeal.
However, contrary to some popular belief, businesses based in Monaco may be subject to various tax obligations depending on their activity, turnover and circumstances.
Corporate profits tax
Monegasque companies may be subject to tax on profits when they carry out an industrial or commercial activity that generates a significant share of their turnover outside Monaco.
The rate applied is aligned with international standards.
VAT in Monaco
Monaco applies a VAT system similar to that of France.
Businesses may be concerned by:
- the collection of VAT;
- periodic returns;
- the recovery of VAT on certain expenses.
A dedicated guide covers VAT in Monaco.
Other tax obligations
Depending on their activity, businesses may be concerned by:
- specific taxes;
- registration duties;
- reporting obligations;
- rules relating to international transactions.
Attractive but regulated taxation
The Monegasque tax environment is based on:
- regulatory stability;
- proximity to the European market;
- administrative support;
- an international framework.
Businesses must nevertheless comply with the applicable tax and accounting obligations.
Right now in Monaco
Exploring the WhatsApp application
Thursday 29 October 2026 from 14:30 to 15:30
Extraordinary Concert at the Cathedral of Monaco (29 October 2026)
Thursday 29 October 2026 from 19:00 to 20:30
Concert Mozart
Thursday 29 October 2026 from 19:00 to 20:00
Exposition « Victor Brauner, L’Aventure magique » - Ateliers jeune public
From Thursday 22 to Thursday 29 October 2026, from 14:00 to 16:30
Club Oceano - Discovery course on the Ocean
From Monday 19, 09:00 to Friday 30 October 2026, 17:00
Monaco Fair and Attractions
From Friday 16 October to Thursday 19 November 2026, from 14:00 to 23:00
Exhibition: Memory of places
From Thursday 1 October 2026 to Sunday 24 January 2027, from 12:00 to 18:00
Lumières sur la Lagune
From Friday 25 September to Wednesday 25 November 2026, from 10:00 to 18:00
A Wedding in the Spotlight. Rainier III and Grace Kelly. 12–19 April 1956
From Monday 6 July 2026 to Friday 26 February 2027, from 09:00 to 17:00
