A Monaco Limited Liability Company (SARL) offers foreigners limited liability protection. Foreigners can own all of the shares in a SARL. A Monaco Limited Liability Company (SARL) has these types of benefits: only foreign shareholders, limited liability, first two years tax exemption, low minimum share capital, and the two shareholders can be the two directors. Every SARL must avoid selecting a company name exactly alike or too similar to any other company or legal entity’s name in Monaco. The end of every SARL’s company name must end either with the words “Societe a Responsabilite Limitee” or its suffix of “SARL”.
Below is an outline of the basic steps necessary to set up a company:
To set up Monaco Company this is known as ‘incorporation’.You’ll need:
Send your company details to Novasigma or schedule a meeting before incorporation. Remote company registration in Monaco available for all nationalities.
Upon approval, the Register of Commerce and Industry office issues a Certificate of Incorporation with a unique identification number so the SARL can begin conducting business After the registration, you should hire an accountant.
|Entity type and suffix:||Limited liability company, LLC|
|Shareholders/Founders:||at least 2 persons or legal entity, foreign entities accepted|
|– Documents||Copy of I.D. document of a founding partner(s)|
|Directors/Board members:||at least 2 natural person, 1 resident director|
|– Documents||Copy of I.D. document of a person to be registered as a director|
|Share Capital:||The minimum share capital requirement is EUR 15.000€|
|Corporate tax:||33% if its global sales exceed 25% of its total sales.|
|VAT:||VAT rate of 20%|
|Annual financial report:||Yes|
|Registration address:||Yes (in Monaco)|
|A Company bank account:||Start account is NOT required before company registration|
Novasigma Express Company Formation service offers a possibility to set up company fast in Monaco using only 1 founder and/or director (natural person). You can send company details and founder/director details by filling an order form below. Once we have reviewed your request Novasigma Account Manager will call you within a same business day for additional details and prepare an retainer of EUR 240 including company name availability check and document review. Remaining balance will be paid before processing the company registration. We accept payments with bank transfer, Bitcoins or in cash.
If you are interested to set up a private limited or public company (PLC) with more than 1 founder/director or at least one of founders/shareholders will be a local or a foreign legal entity, your company will require a business licence or you are interested in administration/nominee services, please find details for 3.0 Advanced Company Formation below.
2.1 THE EXPRESS SERVICE INCLUDES:
2.2 ADDITIONAL SERVICES AVAILABLE UPON REQUEST
With Novasigma Advanced Company Formation you can set up company with multiple founders and directors including foreign legal entities. Advanced company formation service includes always possibility to FREE business and tax consultation before incorporation. With Advanced Company Formation we can search/introduce available nominee shareholders and/directors for your company to protect privacy in jurisdictions where such a service is legal. You can send your company details by filling an order form below or just send us a message so we will call you back.
Once we have reviewed your request Novasigma Account Manager will call you within a same business day for additional details and prepare an retainer of EUR 490 including business and tax consultation, company name availability check and document review. Remaining balance will be paid before processing the company registration. We accept payments with bank transfer, Bitcoins or in cash.
3.1 THE ADVANCED SERVICE INCLUDES:
3.2 ADDITIONAL SERVICES AVAILABLE UPON REQUEST
Payments after the review of request – Bank Transfer, Bitcoin, Cash (EUR, USD, GPB, HKD, BTC)
In cases KYC or/and Due Diligence process required Novasigma might require a personal meeting with all its new clients before proceeding any assignment
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