Domiciling an activity at home

Principle

Domiciling commercial business activities at the entrepreneur's home in Monaco is possible if the legal form of the company allows it and if:

• No legislative, regulatory or contractual provision is opposed thereto
• The firm's activities do not involve reception of clients or the storage or display of goods
• The firm employs no staff

Private sector

For commercial activities carried out by SNCs, SCSs, or SARLs, the registered office may only be established at the Managing Director's home, under the conditions described above, upon start-up and for a limited period of one year (may be renewed once). Ordinance no. 993 of 16 February 2007 implementing the Act no. 1331 of 8 January 2007 pertaining to companies

The Managing Director must be the leaseholder, the leaseholder's spouse, or be residing with the leaseholder.

For sole traders, the regulations do not impose any restrictions as to the timing or duration of domiciliation.

A business may be registered at the address of the sole trader on start-up of the business or while it is operating.

The duration of domiciliation in the private sector corresponds to the duration of the lease.

The sole trader must be the leaseholder, the leaseholder's spouse, or be residing with the leaseholder.

Domiciliation of a business is free for the duration of its operation. There is a limit of three businesses per household.

State-owned property

For commercial activities carried out by SNCs, SCSs, or SARLs, the registered office may be established at the Managing Director's home at any time, under the conditions described above, subject to compliance with the provisions of Act no. 1.490 of 23 June 2020 pertaining to the domiciliation of a professional activity in a residential premises owned by the State

Ordinance no. 8.214 of 6 August 2020 implementing the act no. Act no. 1.490 of 23 June 2020 pertaining to the domiciliation of a professional activity in a residential premises owned by the State

60% of the share capital must be held by the resident at the address.

For sole traders, the registered premises may be established at the applicant’s address at any time, in accordance with the conditions set out in Act 1.490

Domiciliation is valid indefinitely and free for the duration of its operation. There is a limit of three businesses per household.