Les Villas del Sole
47-49, boulevard d'Italie
98000 MONACO
Tel.+377 97 70 20 80
Fax.+377 93 50 14 74
contact@rosemont-mc.com
Rosemont Monaco SAM
Our skills Rosemont Picto Our skills Who we are Rosemont Picto Who we are Monaco Rosemont Picto Monaco Publications Rosemont Picto Publications

Working and doing business in Monaco

Since the accession of H.S.H. the Prince initiatives have been conducted with a view to promoting economic activity and making company operations more transparent while maintaining a high level of ethics including:

- Creation of the legal status of Limited Liability Company
- Introduction of the general principle of the criminal liability of people
- Adoption of systems to combat money laundering, organised crime and corruption.

There are more than 5,200 businesses in Monaco operating in a wide range of sectors including international trade, banking and finance, other services, tourism, retail, real estate and construction, shipping, and yachting among others.

Businesses benefit from a moderate taxation system. There is no tax on profits for businesses if more than 75% of their turnover is made in the Principality;

The population of Monaco (at 31 December, 2015) is 38,400, with a workforce of 51,421 (with 46,600 salaried employees in the private sector) - with less than 4% unemployment - Monaco is an ideal place for you to pursue your professional life.

Foreigners can occupy a private salaried position in Monaco providing they possess a work permit for the post they have acquired.

Approval is given for new businesses after scrutiny of the business plan, and consideration of the individuals involved in the project and the specific business areas in which the entity will operate.