Terrace fee reprieve continues

As part of support measures for economic players in the Principality, the Prince’s Government and the Town Hall of Monaco have decided to renew the free Occupancy of the Public Road (OVP) for the terraces of shops and restaurants for the 1st quarter of 2022.

As in the months of January to September 2021, the Town Hall will therefore grant a 50% discount on the OVP, and the State, through the Support Commission for Economic Recovery (CARE), will cover the remaining 50%. The establishments will benefit from this aid without any action on their part.

“Through this measure, the Prince’s Government and the Town Hall of Monaco wish to continue to support local players in their efforts for economic recovery in this period of emerging from the crisis,” said the government in a statement.

 

 

Photo by Stephane Danna, Government Communication Department