Monaco Corporate Legal & Expansion Économique
Monaco Company Formation Cost (SARL & SAM) Calculator
Calculate legal formation and annual compliance expenses for establishing a commercial entity in the Principality of Monaco under the Code de Commerce monegasque. Model a SARL (Societe a Responsabilite Limitee — minimum capital €15,000) or SAM (Societe Anonyme Monegasque — minimum capital €150,000 with authentic notarial deed), ministerial government authorization, Journal de Monaco publication, and domiciliation fees.
Corporate Structure & Share Capital
Must be deposited into a blocked bank account in Monaco prior to registration.
Incorporation & Capital Summary
Total Upfront Capital Required €0.00
Government & Greffe Fees €0.00 RCI & Journal de Monaco
Notary Public & Legal Advisory €0.00 Articles & Sovereign authorization
Year 1 Operational Maintenance €0.00 Domiciliation + Accounting/Audit
Incorporation Expense Schedule
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Setting Up a Business in Monaco (Code de Commerce)
Establishing a commercial company in the Principality of Monaco involves strict government vetting supervised by the Direction de l'Expansion Économique.
Key Steps & Sovereign Authorization
- Ministerial Authorization: Unlike countries with purely administrative company filing, non-Monegasque founders must obtain formal administrative authorization granted by Ministerial Decree (*Arrete Ministeriel*), verifying honorable character, business plan viability, and economic utility to the Principality.
- SARL Structure: Requires at least two partners (physical or legal), a minimum share capital of €15,000 fully paid up in a Monegasque bank, and can be drafted under private deed (*acte sous seing prive*).
- SAM Structure: Required for financial, banking, insurance, or substantial capital-intensive activities. Requires minimum share capital of €150,000, at least two shareholders, statutory auditors (*commissaires aux comptes*), and must be executed in front of a licensed Monegasque notary public via authentic deed.
- Journal de Monaco Publication: The company's memorandum and articles must be published in the official gazette (*Journal de Monaco* ~€250 to €350) and entered into the *Repertoire du Commerce et de l'Industrie* (RCI).