Procedure How to request a loan 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 loan for setting up a business is intended to finance the acquisition of a business or a lease.

This loan 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 provide the following documents, in addition to those required for the grant for setting up a business:

  • A business plan: a general outline of the project, a description of the business activity (including market prospects), a finance plan and a profit and loss account for the first 3 years of activity
  • Estimates or bills as proof of the investment
  • If the purchase of a business is involved, the purchase agreement, subject to conditions precedent
  • An insurance certificate and supporting documents relating to professional risks

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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