Trading companies registered with Monaco's Trade and Industry Register (RCI) — SARLs, SAMs, SCSs, SNCs, SCAs, and registered foreign companies — must prepare annual financial accounts (balance sheet, profit and loss statement) and, where a statutory audit is not required, obtain an attestation/legal certification from a Monegasque member of the Order of Public Accountants confirming the accounts meet legal requirements. Full accounts (including directors' report and auditor's opinion where applicable) must be filed with the RCI within 9 months of the financial year's end. All Monegasque companies must maintain accounting records per applicable standards and retain them for at least 10 years.
RCI-registered companies (SARL, SAM, SCS, SNC, SCA, foreign companies) must file annual accounts (balance sheet, P&L) with the RCI within 9 months of year-end.
Where no statutory audit is required, a certified attestation from a Monegasque Order of Public Accountants member must accompany the accounts.
Accounting records must be retained for at least 10 years.
Steps
1. Prepare annual accounts — Balance sheet and profit and loss statement, plus directors' report and auditor's opinion if a statutory audit applies.
2. Obtain attestation (if no statutory audit) — A Monegasque member of the Order of Public Accountants certifies the accounts meet legal requirements.
3. File with the RCI — Within 9 months of the financial year's end.
Timelines
RCI annual accounts filing deadline: 9 months after fiscal year-end
Minimum record retention period: 10 years
Required Documents
Balance sheet
Profit and loss statement
Auditor's opinion or accountant attestation
Common Mistakes
Missing the 9-month RCI filing deadline for annual accounts.
Discarding accounting records before the mandatory 10-year retention period elapses.