The Committee for Assistance to Businesses in difficulty
Département des Finances et de l'Economie
Place de la Visitation
MC 98000 MONACO
Ministry of Finance and Economy :
(+377) 98 98 82 56
The role of the Committee for Assistance to Businesses in difficulty (COMED) is to examine applications from businesses that are in great difficulty.
The Committee for Assistance to Businesses in difficulty aim is to:
- Analyse the causes and undertake an analysis
- Suggest a recovery plan, if relevant
The Committee provides written opinions on the cases submitted to it and suggests, as far as possible, practical measures to support and help businesses in difficulty.
Following the recent economic crisis, a preliminary analysis procedure has been implemented. This makes it possible to assess a company's financial situation and assess whether the company's difficulties are a result of the economic crisis or due to structural issues.