How to establish a société en commandite simple (SCS)

To get the forms you can either:

• Download them here:
  
  PDF137.8 kB

  Déclaration monégasque d'exercice d'une activité en Principauté de Monaco (n° 355-0052_02-2016)
  
  
  PDF247.6 kB

  Individual notice (n° 355-0002_01-2017)
• Or collect them from the Business Development Agency

Documents to be provided:

• The completed form “Application for permit to carry out a business activity in the Principality of Monaco”
• Two original copies of the articles of association registered with the Department of Tax Services
• A completed “Personal Information” form for each partner
• A civil-status document:
  • A certificate of nationality or copy of ID card for Monegasques
  • A photocopy of the residence permit for residents
  • A copy of the ID card or passport for foreigners
• A birth certificate
• A copy of the applicant’s criminal record, not more than three months old. This should be obtained from:
  • The General Court Registry of Monaco for residents
  • The national criminal records office or over the internet for persons residing in France
• If one of the partners is a legal person:
  • A copy of the resolution of the Board of Directors or of the General Meeting agreeing to subscribe to the capital of the company
  • A personal information form for the representative of the legal person
  • A copy of the representative’s police report, not more than three months old
  • A copy of the ID card or passport of the representative
  • An economic information note mentioning the incorporation date of the legal entity, the main activities undertaken, the country in which it is situated, the staff employed and the beneficial owner
  • An extract from the legal entity’s entry in the Trade Register indicating its purpose
• In cases involving lease management, the contract or contract agreement
• In cases involving the purchase of an existing business or of tenancy rights, the transfer deed or transfer agreement

The application for permit to carry out a business activity must be submitted to the Business Development Agency.

The statutory period for review of the application is three months from notification of its eligibility.

When authorisation has been given the following formalities must be completed:

• Entry of the company in the Trade and Industry RegistryEntry into this register follows submission of a copy of the articles of association to the General Court Registry and publication in the Journal de Monaco of an announcement of establishment. This is at the expense of the company by intermediary of the Business Development Agency
• Registration on the NIS (Statistical Identification Number) Register with Monaco Statistics (Monegasque Institute of Statistics and Economic Studies). This number is used for official classifications and statistics and is necessary throughout the life cycle of your company (opening a bank account, establishing a telephone line, etc.)
• Declaration of existence of the company to the Department of Tax Services
• Registration of the managers with CAMTI-CARTI 

All stages of post-authorisation procedures are described on the document attached –

Documents to be provided:

• The completed form “Monegasque declaration of intent to carry out a business activity in the Principality of Monaco”
• Two original copies of the articles of association registered with the Department of Tax Services
• A completed “Personal Information” form for each partner
• A certificate of nationality
• A copy of ID card
• A copy of the applicant’s criminal record, not more than three months old. This should be obtained from the General Court Registry of Monaco
• The “Information on business premises” form
• Documents concerning the business premises:
  • The deed of occupancy
  • In cases involving lease management: the contract or contract agreement
  • In cases involving the purchase of an existing business or of tenancy rights: the deed of transfer of business or of tenancy rights or the transfer agreement

To get the forms you can either:

• Download them here
  
  PDF137.8 kB

  Déclaration monégasque d'exercice d'une activité en Principauté de Monaco (n° 355-0052_02-2016)
  
  
  PDF247.6 kB

  Individual notice (n° 355-0002_01-2017)
  
  
  PDF86.4 kB

  Notice about forcasted office (09-2022)
• Or collect them from the Business Development Agency

The declaration of business activity including all supporting documents must be submitted to the Business Development Agency.

It is returned with a receipt, dated and signed by the Minister of State, within two weeks from the date of submission of the declaration.

Once the receipt of the declaration of activity is issued, the following formalities must be completed:

• Entry of the company in the Trade and Industry RegistryEntry into this register follows submission of a copy of the articles of association to the General Court Registry and publication in the Journal de Monaco of an announcement of establishment. This is at the expense of the company by intermediary of the Business Development Agency
• Registration on the NIS (Statistical Identification Number) Register with Monaco Statistics (Monegasque Institute of Statistics and Economic Studies). This number is used for official classifications and statistics and is necessary throughout the life cycle of your company (opening a bank account, establishing a telephone line, etc.)
• Declaration of existence of the company to the Department of Tax Services
• Registration of the managers withe CAMTI-CARTI

All stages of post-authorisation procedures are described on the document attached -