Monaco (Principality of Monaco) is a very small state from SW of Europe, with France being its neighbor on three sides and the Mediterranean on the fourth side. Monaco has an area of just 2 sq. km. and a total population of around 33,000. From all the sovereign nations of the world, Monaco is considered the most densely populated, as well as the second smallest one. If you were to walk from one side to the other, it would take you around 56 minutes to go from a border and reach the next one. The country and the capital city have the same name, Monaco. It is considered a tax heaven, with many of the inhabitants being foreign and wealthy people. Around 84% of its population consists of foreigners. Prince Albert II is the ruler of Monaco, which is a principality and a constitutional monarchy. The Grimaldi House has been the ruler of Monaco since the end of the 13th century. Its independence was received in 1861, but France is still responsible for defending this small nation. There are three municipalities that are part of the country of Monaco: Monaco Ville (the old city), Monte Carlo (residential area) and La Condamine (NW part with the port area).
The Costs of incorporating a company in Monaco are $15,900 for the first and $7,900 for the following years. Incorporate Now >>
For the bank opening service (Open a bank account in Monaco) we charge a one-time fee of $900.
The entire process takes around 2-3 business days. Open your offshore company in the Monaco now >>
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