AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
Europe

Monaco

Monaco famously has no personal income tax for residents (with limited exceptions for French nationals). Corporate tax applies to international businesses.

Personal income tax

0% (for residents)
Top marginal rate / range

Corporate tax

25% (international biz)
Standard rate

VAT / Sales tax

20% (French VAT)
Standard indirect tax

At a glance

  • Personal taxNone for residents
  • French citizensMay still owe
  • ResidencyRequires minimum stay
This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Monaco's official tax authority (linked above) or a qualified tax professional before making any decision.