Understanding the process
Monegasque operators dispensed from paying VAT, must, in order to carry out the services detailed forthwith, refer a request of allocation of an intra-community VAT identification number to the Department of Tax Services.
As of 1 January 2010, Monegasque operators who provide services to payees who are established in the Member States of the EU (with the exception of France) are obliged to submit an EC Sales list (DES) to the Department of Tax Services, within ten working days after the month which follows invoicing. It is noteworthy that the DES is required when the invoice is created, not when the invoice is paid.
Services which must be declared are those under reverse charge mechanism according to article 11 of the Turnover Tax Code.
Services purchased by Monegasque buyers are not therefore subject to a DES. These services must however be declared in the turnover tax returns on line 3 of item A and also give rise to a reverse charge.
Liable persons exempt from VAT cannot make any VAT deduction (article 90 Turnover Tax Code).
EC Sales lists (ESS) must be completed online using e-DES service.
In order to use this service you must already have an unique intra-community VAT registration number then you can register to e-DES service.