Fees and timelines

Fees

Incorporation costs in Year 1 amounts to €17,100 and annual company costs in Year 2 and thereafter amount to €0. The average total fees per engagement amounts to €22,700, which include: i) Monaco company incorporation; ii) registered Monaco office premises; iii) estimate of government fees and iv) a corporate bank account.

 LLCJSCLPSAM Foreign administrative officeBranch office
Average Estimated Cost€22,700€27,350€23,250€19,900€23,250€23,600
Draft InvoiceMonaco LLC invoiceMonaco JSC invoiceMonaco limited partnership invoiceMonaco SAM invoiceMonaco foreign office invoiceMonaco branch office invoice

Timelines

The average Monaco Company registration period is 11 weeks as outlined below:

 ServiceLLCJSCLPFAO
1.Engagement planning1 week2 weeks2 weeks2 weeks
2.Company incorporation4 weeks10 weeks10 weeks10 weeks
3.Corporate bank account approval2 weeks2 weeks2 weeks2 weeks
4.Corporate internet banking approval3 weeks3 weeks3 weeks3 weeks
5.Engagement completion1 week1 week1 week1 week
Total engagement period11 weeks18 weeks18 weeks18 weeks

monaco business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Monaco, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
monaco-mbc monaco-cde monaco-finance monaco-tourism monaco-policy monaco-government monaco-legimonaco monaco-statistics