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General Info

Capital: Monaco

Currency: Euro / €

Timezone: GMT+1

Languages: French

Climat: Mediterranean

Winter:

+8 +12
+7 +10

Spring:

+11 +17
+13 +17

Summer:

+21 +26
+22 +24

Autumn:

+19 +24
+17 +23

Monaco

  • About
  • Impressions
  • Avia
  • Visa
  • Business
  • Companies
  • Hotels
  • MICE
  • DMC

Monaco is a symbol of wealth and luxury, an example of a fashionable resort and the heart of a bohemian life. The Principality of Monaco is a fabulous tiny principality, surrounded on the one hand by lacy ledges of the Alps, and on the other - the azure blue of the Mediterranean Sea. This is a country of picturesque harbours, fabulous castles and resorts, expensive casinos, prestigious car races and intricate, almost fabulous stories of the royal family.

Monaco’s area is slightly more than 2 square kilometres, and so many attractions are concentrated on it that it’s hard to believe. The scale and diversity of the entertainment industry is amazing: everything is done here so that tourists do not get bored day or night. Casinos, cinemas, bars and discos for the most selective nightlife lovers; jogging and cycling paths, tennis courts and golf courses for sports enthusiasts; the most prestigious boutiques of branded clothing, jewellery, accessories and much more for fans of fashionable shopping; theatres, museums, opera, cultural centres, various exhibitions and competitions for admirers of cultural activities; more than 150 restaurants and cafes of various levels for adorers of Mediterranean cuisine.

The capital of the state - the city of Monaco - has retained its medieval appearance. The princely palace complex is located here, where you can watch the change of the guard of honour. Here is the famous Oceanographic Museum, the Museum of Primeval Anthropology and the Cathedral. Monte Carlo is the most elite area of Monaco and the centre of social life. The most chic and sophisticated casinos, hotels and boutiques are located here. In the very centre is the Golden Square - a real gem of sophisticated and luxurious architecture. La Condamine is a port area, a business centre of the country where banks and offices, supermarkets and large shops are located. Here is the Old Market, which has existed since 1880, and the Church of St. Devote, built in the 9th century. And here is the annual show of yachts and the start and finish of the Formula 1 Grand Prix.

Monaco is a country where the resident population is ten times smaller than the number of tourists visiting the country annually, more than 40% of whom come on business trips. The principality regularly hosts international conferences, seminars, tourism fairs, gala dinners and private events. Monaco always offers high-quality organizations, any kind of events, especially in the field of information and communication technologies, pharmacological and medical sectors, and, of course, in banking, finance and insurance. The strategy of the Congress Bureau of Monaco is aimed at developing the Principality as a leading destination in the field of business tourism. The main goal is either to position the country not only as an ideal place to relax, or also as a unique platform for organizing and conducting events at a high level.

Бизнес-туризм в Италии – это возможность не только наладить деловые отношения с партнерами, но и насладиться красотами страны. В рамках поездки вы сможете вкусить чарующую атмосферу Рима, посетить лучшие бутики Милана и окунуться в теплые воды средиземного моря.

Бизнес-туризм в Италии – это возможность не только наладить деловые отношения с партнерами, но и насладиться красотами страны. В рамках поездки вы сможете вкусить чарующую атмосферу Рима, посетить лучшие бутики Милана и окунуться в теплые воды средиземного моря.

Бизнес-туризм в Италии – это возможность не только наладить деловые отношения с партнерами, но и насладиться красотами страны. В рамках поездки вы сможете вкусить чарующую атмосферу Рима, посетить лучшие бутики Милана и окунуться в теплые воды средиземного моря.

Бизнес-туризм в Италии – это возможность не только наладить деловые отношения с партнерами, но и насладиться красотами страны. В рамках поездки вы сможете вкусить чарующую атмосферу Рима, посетить лучшие бутики Милана и окунуться в теплые воды средиземного моря.

Бизнес-туризм в Италии – это возможность не только наладить деловые отношения с партнерами, но и насладиться красотами страны. В рамках поездки вы сможете вкусить чарующую атмосферу Рима, посетить лучшие бутики Милана и окунуться в теплые воды средиземного моря.

Rest types:

Beach

Business

Cruise

Shopping

Sightseeing

Museum of Old Monaco

Botanical Garden of Monaco

Japanese garden

St. Nicholas Cathedral

Princely palace

Monte Carlo Casino

Visa Information

To enter the territory of the Principality of Monaco, you must have a valid national multivisa of France or Schengen. However, there are a number of countries for whose citizens it is not required. Schengen countries:
Austria
Belgium
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Slovakia
Slovenia
Spain
Switzerland
Sweden

The other countries:
Albania (only for owners of biometric passports)
Andorra
Antigua and Barbuda
Argentina
Australia
Bahamas
Barbados
Bosnia and Herzegovina (only for owners of biometric passports)
Brazil
Brunei
Bulgaria
Canada
Chile
Costa Rica
Croatia
Cyprus
Guatemala
Holland
Honduras
Hong Kong (Special Administrative Region of China)
Ireland
Israel
Japan
Macau (Special Administrative Region of China)
Macedonia (only for owners of biometric passports)
Malaysia
Mauritius
Mexico
Montenegro (only for owners of biometric passports)
New Zealand
Nicaragua
Panama
Paraguay
Romania
Saint Kitts and Nevis
San Marino
Serbia (only for owners of biometric passports)
Seychelles
South Korea
Taiwan (only for passport holders with identification number)
Ukraine (only for owners of biometric passports)
United Kingdom of Great Britain and Northern Ireland
USA
Uruguay
Vatican
Venezuela

Citizens of the countries not mentioned above are required to obtain a Schengen visa to enter Monaco. It is also important to take into account the fact, that the total number of days in a Schengen country should not exceed 90 days per six months. Also, these conditions do not apply to the immigration, education, employment or involvement in other income-generating activities.

Business Information

The dwarf state of the Principality of Monaco does not have its natural resources. The economy is built on tourism, gambling, construction and sale of real estate. As a full member of the EU and many other international organizations, Monaco boasts a developed economy, flexible tax laws, and wise government policies. Since it is associated with France, for the most part, business in Monaco is identical to French, but with a prevailing bias towards easing the tax burden. Among the advantages, one can also distinguish a convenient and comfortable location, high research potential, lack of currency control and maximum confidentiality.

At first glance, registering a business in Monaco is not so difficult, but there are nuances that must be taken into account. Before registering your business, you must obtain resident status. Because of the limited territory, candidates for residency are rigorously selected. Next, you need to get permission to open a company from the local government, and here the following barrier arises: business should be beneficial not only to the owner but also to the state, so a unique idea or start-up is necessary to interest the government. Today in Monaco, any business is popular that positively affects culture, art, the service sector and other demanded "positive" areas. The nature of the administrative procedure associated with obtaining a business license depends on the specifics of the company and, of course, on its core business.

Obtaining permission to open a business in Monaco takes several months. After obtaining permission, you must contact local Monacian notary, who draws up the basic documents for registering a company. Not later than three months after obtaining permission, a general meeting of shareholders of the company should be held. In addition to the approval of the Government of Monaco, to open a business in this country, you need an office - this is a prerequisite, the implementation of which the authorities monitor and check the availability of the office. If you change the address of the office or company profile, re-registration is required. And this is another important point, since in view of the limited supply, the price of real estate in the principality is appropriate.

Despite all these difficulties, businessmen from all over the world are not averse to having their own business in Monaco, because there is no income tax, no capital gains tax, there is no annual duty and the financial statements are closed for general use. Also, a number of international agreements have been signed with other states that exempt business in Monaco from double taxation. The permanent population of Monaco is only 37,000 people, however, the employer will not have problems with qualified personnel: the local population has a high degree of education. It is also worth mentioning separately about security in the country: almost every corner is under video surveillance, the police are highly efficient that is why Monaco can easily be called the safest country in the world.

In Monaco, given the specifics of the state - a high standard of living. Very wealthy people live here and fabulous finances are spinning here. All this, combined with a reliable banking system and high confidentiality, is the key to the future success of any foreign investor.
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