Limited partnership in Monaco is an entity with two categories of owners: i) general partners and ii) limited partners. One or more limited partners carry limited liability, while one or more general partners carry unlimited liability. Limited partners also benefit from greater confidentiality with no requirement for disclosure of information to third parties or the Trade and Industry Register.

Monaco Limited Partnerships Key Features

Can be formed by a minimum of two shareholders
Minimum capital of at least €15,000
The owners must also appoint a minimum of two directors
Monaco LP are legally tax exempt provided that over 75% of their sales are made with Monaco residents
If otherwise, they are subject to Monaco corporate income tax, at a standard rate of 33.3%.

Monaco Limited Partnerships Legal Requirements

Requirements	Description
General
Corporate vehicle permitted	Monaco Company
Physical office in Monaco	No
Share capital or equivalent
Minimum paid up capital	€15,000
Minimum investors	None
Directors
Minimum number	2
Corporate directorship allowed	Yes
Local director required	Yes
Shareholders
Minimum number	1
Corporate shareholder allowed	Yes
Local shareholder required	No
Service Providers Required
Company Secretary	Yes
Auditors	Yes

Monaco LP Tax Treatment

Monaco LP are legally tax exempt provided that over 75% of their sales are made with Monaco residents. If otherwise, they are subject to Monaco corporate income tax, at a standard rate of 33.3%.

Monaco LP Duration for set-up

4 Weeks

Distinctive Benefits of the Monaco LP

There is no taxation of dividends in Monaco.
There is no taxation of capital gains in Monaco.
There is no withholding tax in Monaco.
Separate Legal Identity
Perpetual Existence

The Valsen Advantage

End to end comprehensive service
Speedy and efficient service
Expert advice on structuring options
Dedicated ongoing compliance support
Extensive network pool of service providers

Monaco LP

Monaco Offering