Procedure How to request a grant for setting up a business

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Contact details

Direction de l'Expansion Économique

9 rue du Gabian
MC 98000 MONACO

Mr François-Xavier LE CLERC :
(+377) 98 98 19 20

Fax : (+377) 92 05 75 20

Opening Hours : from 9h30 to 17h00 from monday to friday

Send us an email

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Direction de l'Expansion Économique

9 rue du Gabian
MC 98000 MONACO

Opening Hours : from 9h30 to 17h00 from monday to friday

Phone : (+377) 98 98 98 00

Fax : (+377) 92 05 75 20

Send us an email
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Principle and conditions

The grant for setting up a business consists of the Government paying the social charges (CAMTI/CARTI) and part of the business rent (in the case of premises used for a business activity) for a duration of 3 years.

This grant is payable to Monegasque citizens or their spouses who are setting up their first independent business in the Principality.

1

Collating the documents

You must supply the following documents:

  • A letter addressed to the Minister of State
  • A copy of the Monegasque declaration (or authorisation) for the activity
  • A copy of an application to join the CAMTI – CARTI insurance schemes
  • A CV
  • A copy of the lease (if you are renting business premises)
  • Bank account details (if you are renting business premises)
  • A declaration of non-receipt of revenue, to be collected from the DEE, duly completed and signed

2

Submitting the application

The application must be submitted to the Business Development Agency

After examining your application, the Business Development Agency will send you a letter giving details of how the grant will be implemented.

Last update: 19/12/2012

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