- Income tax brackets updated
2026 refresh: verification date, data year, filing deadline April 1, treaty count 11 → 13, corporate bracket, sources and notes (monentreprise.gouv.mc) Source
MC
Monaco
Western Europe
EUR
MC · MCO · #193 · 4 cities
Nomad score
58/100
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Top income tax
None
None system
Corporate tax
25.0%
TVA
20.0%
standard rate
Tax residency
—
13 tax treaties
Monaco tax profile
Data year: 2026
- Tax system
- None No personal income tax for Monegasque residents since 1869. French nationals remain subject to French income tax under the Franco-Monegasque arrangements. Corporate income tax applies at 25% to commercial or industrial companies with more than 25% of turnover outside Monaco, and to companies deriving profits from qualifying intellectual-property licensing regardless of where turnover arises; companies with at least 75% of turnover in Monaco are generally outside CIT. Administrative offices are subject to CIT, often on a fixed basis tied to operating expenses. VAT (TVA) follows French rules and rates within the Franco-Monegasque customs union.
- Top PIT rate
- No Income Tax
- Corporate tax rate
- 25.0%
- TVA
- 20.0%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 14.0%
- Social security (employer)
- 35.0%
- Dividend withholding
- 0.0%
- Interest withholding
- 0.0%
- Royalty withholding
- 0.0%
- Treaty count
- 13
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| EUR 0 | and above | 25.0% |
Tax residency
- Residency rules
- Residence is administrative rather than day-count based: applicants must demonstrate adequate accommodation in the Principality and sufficient financial resources. There is no statutory 183-day test in Monegasque domestic law for individuals.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- April 1
Sources
- Monaco Government — corporate income tax (accessed Oct 9, 2026) CIT 25% from FY 2022; scope (>25% foreign turnover or IP income); business start-up relief; administrative offices
- Monaco Government — VAT (accessed Oct 9, 2026) TVA aligned with France; standard 20%, reduced 10% and 5.5%
- Caisses Sociales de Monaco — contributions (accessed Oct 9, 2026) CCSS, CAR, unemployment and CMRC ceilings and rates from 1 Oct 2026
- Principality of Monaco — tax agreements (accessed Oct 9, 2026) Bilateral tax agreements network; UAE convention in force for Monaco from 12 June 2026
- Gordon S. Blair — Monaco Tax (Legal 500, 2025) (accessed Oct 9, 2026) No PIT for residents; CIT filing deadline; social charges; no domestic WHT on dividends/interest/royalties