What are the types of companies in Monaco?

There are various types of companies in Monaco. These are:

1. Joint Stock Company (Société Anonyme, SA): One of the most common company types. It must have a minimum of five partners and a capital of at least 150,000 Euros is required.

2. Limited Liability Company (Société à Responsabilité Limitée, SARL): Must have at least two partners and has no minimum capital requirement. Partners have limited liability.

3. Limited Partnership (Société en Commandite Simple, SCS): Must have at least two partners. One partner has unlimited liability while the other has limited liability.

4. Equity Partnership (Société en Nom Collectif, SNC): Must have at least two partners. Partners have unlimited liability.

5. Sole Proprietorship (Entreprise Individuelle): A sole proprietorship is a company operated by a single person. The company owner has unlimited liability.

6. Cooperative Company (Société Coopérative, SC): It is a type of company in which partners cooperate according to cooperative principles. These company types offer different advantages and disadvantages to meet different business needs. It is important for those wishing to establish a company in Monaco to choose the type of company that best suits their business needs and goals.