Fees and timelines

Fees

payment by instalmentIncorporation 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 €23,700, which include: i) Monaco company incorporation; ii) registered Monaco office premises; iii) estimate of government fees and iv) a corporate bank account.

Different Monaco entity typesCostDraft invoice
LLC€23,700View invoice PDF
JSC€27,350View invoice PDF
LP€23,250View invoice PDF
SAM€21,900View invoice PDF
Foreign administrative office€23,250View invoice PDF
Branch office€23,600View invoice PDF

Timelines

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

ServiceLLCJSCLPFAO
Engagement planning1 week2 weeks2 weeks2 weeks
Company incorporation4 weeks10 weeks10 weeks10 weeks
Corporate bank account approval2 weeks2 weeks2 weeks2 weeks
Corporate internet banking approval3 weeks3 weeks3 weeks3 weeks
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:
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