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Tax for Private Individuals  

French nationals excluded, citizens are not
subject to any taxation on their income and wealth. French nationals who have transferred their fiscal residence to Monaco are still considered to be French residents for tax purposes.

On income originating from Monaco, there may be withholding tax in the citizen’s country, and there may also be exit tax. There is no taxation on income generated abroad but there may be withholding in the foreign country.

There is no inheritance or gift tax in direct line or between spouses. In other cases, the tax rate is low.

Setting up Business in the Principality of Monaco
Tax for Private Individuals
Income Tax for Companies
VAT and Registration Fees
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