Monaco Corporate Tax & ISB
Monaco Corporate Profits Tax (ISB) Calculator
Calculate business profits taxation in the Principality of Monaco under Ordonnance Souveraine n° 3.152 and the Code des Taxes sur le Chiffre d'Affaires. Monaco imposes 0% Corporate Tax on companies generating at least 75% of their revenue within Monaco. For companies with more than 25% foreign revenue, the standard 25% ISB applies, featuring generous 5-year new business tax exemptions.
Revenue, Profit & Operations
Gross annual revenue generated across all jurisdictions.
Crucial threshold: If ≤ 25%, the company is 100% EXEMPT from ISB (0% tax).
Net profit after allowable operating expenses and approved manager remuneration.
Monaco Corporate Tax Assessment
Impot sur les Benefices (ISB) €0.00 0.0% effective tax rate
ISB Liability Status Subject to ISB Foreign revenue > 25%
Startup Exemption Savings €0.00 5-Year incentive relief
Retained Net Profit €0.00 Available for dividends / reserves
Fiscal Assessment Breakdown
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How Corporate Tax (ISB) Operates in Monaco (Ordonnance n° 3.152)
Unlike many jurisdictions with universal corporate taxes, the Principality of Monaco maintains a territorial system designed to encourage local commercial activity while complying with international treaties.
The 25% Territorial Rule & Startup Relief
- The 75/25 Territorial Test: Any company (SARL, SAM, SNC, or sole trader) operating in Monaco that generates at least 75% of its total turnover directly within Monaco is completely exempt from corporate tax (0% ISB).
- Exporting Companies: If more than 25% of turnover originates from transactions carried out outside Monaco (directly or through intermediaries), the company is liable to ISB at the flat rate of 25.0% on its net profit.
- New Business Tax Holiday: Qualifying newly formed commercial entities benefit from progressive relief over their first 5 years:
- Years 1 & 2: 100% exemption (0% tax)
- Year 3: 75% exemption (effective rate 6.25%)
- Year 4: 50% exemption (effective rate 12.50%)
- Year 5: 25% exemption (effective rate 18.75%)
- Year 6 onwards: Full statutory rate of 25.0%.
- 0% Dividend Withholding: Monaco does not levy any withholding tax on dividends distributed by Monegasque companies to their shareholders.