In the latest effort to meet international anti-money laundering guidelines, Monaco now requires local businesses to annually verify their registration status. 

The Monaco Government announced in a statement on Friday 19th July that registered civil companies must now confirm their continued registration with the Special Register of Civil Companies (Registre Spécial des Sociétés Civiles) annually. This confirmation must be made within a month following the anniversary date of the company’s initial registration. In this annual declaration, companies must also confirm their registered information, including any modifications made during the year, even if they have already submitted one or more modification declarations during that period.

To comply with this new requirement, the necessary form can be accessed online 24/7 via the Mon Entreprise portal under the legal and accounting obligations section of the Trade and Industry Register, where a downloadable version is available. Alternatively, the form can be obtained at the Economic Development Directorate (Direction du Développement Economique) in paper format.

Once completed, the form can be sent or submitted in duplicate to the Trade and Industry Register Service. It must be accompanied by a registration fee of €25 for a particular civil company and €50 for a civil joint-stock company.

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