Obtaining authorisation to operate in Monaco
In Monaco, some professional activities require prior administrative authorisation before they can begin operating.
This procedure allows the Monegasque authorities to check that the project complies with the applicable regulations and to assess the economic interest of the activity.
Which activities require authorisation?
Most commercial, craft, industrial or service activities must be the subject of a declaration or an authorisation.
Some regulated professions also have specific rules.
This applies in particular to:
- commercial activities;
- business services;
- certain financial activities;
- regulated professions;
- certain real estate activities.
The main steps
1. Present your project
The prospective entrepreneur must provide details of:
- the nature of the activity;
- the identity of the managers;
- the place of operation;
- the resources planned.
2. Put together the administrative file
The file generally includes:
- identity documents;
- supporting documents relating to the company;
- information on the partners;
- a description of the activity.
3. Obtain the administrative decision
Once the file has been examined, the authorisation allows the company to start its activity under the conditions set out.
Special cases
Some activities require additional authorisations or specific approval, in particular in the fields of:
- banking and finance;
- real estate;
- healthcare;
- transport;
- security.
Getting support with the procedures
Entrepreneurs can turn to local professionals:
- law firms;
- chartered accountants;
- domiciliation companies;
- business creation consultants.
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