How to declare the rental of premises for non-residential purposes
Institut Monégasque de la Statistique et des Etudes Economiques
9 rue du Gabian
MC 98000 MONACO
Monaco Statistics :
(+377) 98 98 98 88
Fax : (+377) 98 98 87 59
Opening Hours : from 9.30am to 5.00pm from Monday to Friday
Principle and conditions
The rental of premises for non-residential purposes is subject to VAT (rental of lock-up garages/parking spaces, rental of unequipped premises for commercial, industrial or administrative use).
It is therefore necessary to register this activity with Monegasque Institute of Statistics and Economic Studies (Monaco Statistics ).
After examination of your file, Monaco Statistics will provide you with a certificate stating your Statistical Identification Number (NIS), which is necessary for your VAT declaration to the Department of Tax Services.
Registering with Monaco Statistics
In order to register with Monaco Statistics you must provide the following :
- The declaration of registration for Statistical Identification Number form, duly completed and signed
- A photocopy of the ID card or residence permit of the owner of the property or, should the owner of the property be a legal entity, of the manager of that legal entity
- A photocopy of the rental agreement
- If the premises are sublet:
- A photocopy of the owner’s authorisation
- A photocopy of the sublet rental agreement
After your application has been received and examined, you will be sent a certificate stating your Statistical Identification Number (NIS).
Making a declaration to the Department of Tax Services
Once you have completed your registration with Monaco Statistics, you must also declare your activity to the Department of Tax Services . The declaration of activity is an obligatory formality, under article 66 of the Tax Code on revenue.
There is no charge for this formality. The declaration is made directly to the Department of Tax Services, at the Tax Division counter.