Frequently Asked Questions

Company creation package

Who can help me put the package together?

Firstly, the Welcome Office (a Government Office whose objective is to welcome potential business people) is available for your use, by appointment, every day of the week between 9.00 and 17.00.

Secondly, there are professionals (lawyers, notaries, chartered accountants, legal advisors) on hand whose contact details can be found at the WO.

Can I submit documents in English when I file the package?

During the preparation stage of the package, prior to its submission, communication with the Monaco Welcome & Business Office may take place in foreign languages. Nevertheless, the “application to His Excellency the Minister of State to receive authorisation to exercise an activity in the Principality” must be written in French, Monaco’s official language.

What fees are payable to the Administration when I file the company creation package?

The project leader pays no fees for the examination of the package. 

Do I have to disclose the business premises when I file the company creation package?

When you file the package and during the examination stage of the authorisation application, no details concerning the business premises are required.

Other

Can I recruit personnel within the context of a sole proprietorship?

Yes, on the condition that the business address is not the same as the domicile of the managing director of the company. In fact, the recruitment of personnel is not connected with the legal status of the activity.