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by Zsolt Szemerszky

Zsolt Szemerszky

Zero debt country

Zero debt country

In the greater public, Monaco was always known as a zero-debt country, which makes and highlights the Principality of Monaco as an outstanding place in the European Monetary Zone (as well as all around the world). 

The truth is that there is a little “trick” in it, as the Principality has a double budget. 

The Monégasque government has an autonomous accounting body with its own assets and enjoys a special status. The Government has its annual budget as well as the Constitutional Reserve Fund (FRC /Fonds de Réserve Constitutionnel), which is considered as a strong guarantee. 

However, combined with specialties in the economic model of the Principality, this Constitutional Reserve Fund helped to achieve Monaco’s independence. This is also a guarantee for the Principality of Monaco to maintain its attractiveness all around the world. 

From your perspective, having your business in a zero-debt country also strengthens your positive image and PR value. People will automatically associate the exceptional wealth of the Principality with the image of your company. It is a great tool for positioning your company in the eye of your target group.

This is also the reason why many foreign companies choose Monaco as their destination for various events, conferences, and product launches.

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Business formation

We can help you to establish your business in the Principality of Monaco in the most efficient way.

Since 2010, we are working with some of the most experienced advisors in the Principality of Monaco. We can help you to identify the right corporate structure, to find the desired office space, and to implement your branding and revenue strategy to the local business scenery.

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Monaco residence permit

With 10 years of local experience, we offer unparalleled guidance for new residents in the Principality of Monaco. We can help you and your family to settle, to find a school, to register your car, and to feel at home in Monaco from the very first day.

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Bank account opening

Through our trusted and Government authorised Monaco bank we are able to offer exceptional banking services. It is a unique opportunity to open private, corporate and trust accounts, both for Monaco residents and non-Monaco residents.

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Marketing & Brand awareness

Thanks to our exclusive partners, including the branding and marketing strategists, we can offer you online, printed and luxury television campaigns, reaching our every household and hotels in Monaco.

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