The following section of this booklet is intended as a general guide to investment and taxation in the country and should not be acted on without further advice.

General Information

The Principality of Monaco is an independent sovereign state and a member of the United Nations. Monaco is not a member of the EU but is part of the Euro zone.

Exchange control

Exchange control restrictions were completely lifted during 1990 and only certain reporting requirements remain. However, certain investment controls are still in force which can restrict the acquisition of existing enterprises by foreigners.