Capital:
MonacoForm of government:
Dualistic constitutional monarchyArea:
2,02 км2Population:
37 thousandCurrency:
Euro (EUR)Monaco
Advantages
- The possibility of using the company as a nominal, holding company;
- No exchange control;
- World-famous banking and financial center;
- No tax on wealth, on profits from operations on the stock exchange.
Confidentiality
When using nominee Shareholders and Directors, the true owner of the company cannot be identified.
Annual reporting and audit
All companies in Monaco must keep copies of financial accounts. Each year, an extract from the balance sheet, profit and loss account, verified by the auditor and approved by the general annual meeting of shareholders, is provided.
Corporate Law of Monaco
Act 1.338 of 7 September 2007 on financial activitie
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Act 1.339 on mutual funds and investment funds
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