Law no. 1.550 of 10 August 2023 and Sovereign Order no. 10.117 of 21 September 2023 have modified the legal framework hitherto applicable to civil companies ("Sociétés Civiles") in Monaco.

La loi n° 1.550 du 10 août 2023 et l'Ordonnance Souveraine N°10.117 du 21 septembre 2023 ont modifié le cadre juridique jusqu'à alors applicable aux sociétés civiles à Monaco.

The Department of Justice's Criminal Division is "using more tools than ever before to identify corporate misconduct and to encourage companies to be good corporate citizens," according to Nicole Argentieri.

A "Société civile particulière monégasque" (Monegasque private company) is a very effective estate planning tool and is widely used as such.

Consequently, the use of a foreign law trust as a means of transmission prevented the application of this advantageous tax regime.

Commercial companies and economic interest groups (EIGs) registered with the Répertoire du Commerce et de l'Industrie (RCI) in Monaco are required to designate a person responsible for the elementary

On the 21st of June 2024, the Government introduced a draft bill n°1.094, which aims to modernise corporate law.

Le Gouvernement a déposé le 21 juin 2024 un projet de loi n°1.094 visant à moderniser le droit des sociétés.

A company had signed a securities account agreement with a bank, allocating a certain sum to its investment, and by two agreements of the same day, the bank granted the investor two credits under so-called Lombard Credit agreements, ...

Les sociétés commerciales et les Groupements d'intérêts Economiques (GIE) inscrits au Répertoire du Commerce et de l'Industrie (RCI) à Monaco ont l'obligation de désigner un responsable des informations

The Artist's Resale Right entitles authors of original works of plastic and graphic art to a royalty each time one of their works is resold.

One of the many objectives of Law 1.559 of 29 February 2024, adapting the legislative provisions on the fight against money laundering, the financing of terrorism and the proliferation of weapons of mass destruction, is to bring Monegasque legislation on trusts into line with FATF standards.

The interruptive effect of summary procedure on the ten-year limitation period with regard to construction companies's liability is long-established in France, since Act No. 85-677 of 5 July 1985, known as the "Badinter" Act, ...

It is clear that the Monegasque legislator's ambition is to develop the financial sector by gradually introducing this notion into the legislative arsenal.

Véritable outil de gestion patrimoniale et familiale, la société civile est très répandue. Se posent les questions de savoir si un mineur peut en être associé, dans quelles proportions et quels sont ses moyens d'action durant la vie de la société.

Draft bill n°1.094 on the modernisation of corporate law provides for the creation of a conciliation procedure for debtors engaged in commercial or craft activities who are experiencing legal, economic or financial difficulties.

Le droit de suite est la rémunération dont bénéficient les auteurs lors des reventes de leurs œuvres originales graphiques et plastiques.

En conséquence, l'utilisation d'un Trust de droit étranger comme outil de transmission empêchait l'application de ce régime fiscal avantageux.

L'un des nombreux objectifs de la loi 1.559 du 29 février 2024, portant adaptation des dispositions législatives en matière de lutte contre le blanchiment de capitaux.

These provisions impose new obligations that should be borne in mind when organising your assets.