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Starting a business
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Direction de l'Expansion Économique
9 rue du Gabian
MC 98000 MONACO
Contact DEE :
(+377) 98 98 98 00
Fax : (+377) 92 05 75 20
Opening Hours : Open from 9.30 am to 5 pm from Monday to Friday
Map
Do you want to start a business in Monaco? What steps do you need to take?
Setting up a project
Contact the Monaco Welcome & Business Office to discuss plans and obtain advice and useful contacts.
Meet important partners:
- Monaco Economic Board (MEB)
- Junior Chamber International Monaco (JCE)
- Monaco Union of Traders and Artisans (UCAM)
- Monegasque Association of Financial Services (AMAF)
- Commission for the Control of Financial Services (CCAF)
Seek professional advice:
Protecting a product or service
Choosing a type of legal entity
Determining whether a permit is required
The following require a permit:
- Persons of foreign nationality who wish to operate as a sole trader
- Natural or legal persons of foreign nationality who wish to be partners in an SNC, SCS, or SARL
- Natural persons of foreign nationality who wish to become non-partner managers in an SARL
- Persons of Monégasque nationality who wish to start a business which activities require a permit
- Persons who wish to set up an SAM or an SCA, regardless of the nationality of the founders
Do you need a permit to start your business?
There are two main steps which you need to follow:
- First, apply for a business permit and domicile your business
- Once you have obtained your permit, complete the post-authorisation registration procedures
Domiciling your business
Seeking premises
View calls for applications for state property
View website of Chambre Immobilière Monégasque
Declaring a registered office
Receiving a visit from the Technical Commission for hygiene, security and environmental protection
Requesting an inspection visit from the Department of Forward Studies, Urban Planning and Mobility
Finding premises
Seeking premises
View calls for applications for state property
View website of Chambre Immobilière Monégasque
Receiving a visit from the Technical Commission for hygiene, security and environmental protection
Requesting an inspection visit from the Department of Forward Studies, Urban Planning and Mobility.
Declaring your business
Domiciling your business
Declaring a registered office
Completing the post-authorisation registration procedures
Once your permit, or the receipt for the Monegasque declaration have been issued, you must complete the following procedures:
STEP 1: Complete the disclosure procedures and register the business in the Trade and Industry Register
STEP 2: Apply for a Statistical Identification Number from Monegasque Institute of Statistics and Economic Studies (Monaco Statistics )
STEP 3: Declare the business or company to the Department of Tax Services
STEP 4: Register with the social security organisations:
- Sickness, Accident and Maternity Insurance for the Self-Employed (CAMTI)
- The Independent Pensions Fund for the Self-Employed (CARTI)
STEP 5: To be able to hire staff
- Create an employer’s file with the Employment Office
- Recruit staff
- Support for recruitment
All of the post-authorisation registration procedures are described in the document attached 
Post-authorisation procedures
. This document is also available in hard copy from the MWBO, in French, English and Italian.
See also
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