Taxes

Monaco — Tax: VAT

Monaco applies a 20% Value Added Tax on goods and services, mirroring French VAT rules and rates as part of its customs union with France. Individuals and entities liable for VAT must submit monthly or quarterly VAT declarations electronically through the government's e-VAT teleservice portal.

Gouvernement de Monaco - MonServicePublic · Last verified 2026-07-17

Key Facts

  • The standard VAT rate in Monaco is 20%, mirroring French VAT rules and rates.
  • Monaco is part of the European Customs Territory through its customs union with France.
  • Individuals and entities registered for VAT must file returns via the official e-VAT teleservice.
  • VAT declarations are submitted monthly or quarterly depending on the business.
  • Real estate sales within five years of construction completion may be subject to a property-specific VAT.
  • Failure to file VAT returns on time attracts strict administrative penalties and interest.

Related Topics

tax-residency
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