A Country Focused on Entrepreneurial Success

In line with the vision for the country's future, new activities and new residents are being encouraged, notably through simplified procedures, ongoing modernisation of economic and business law, and the implementation of support structures that listen to entrepreneurs, allowing them to establish themselves and thrive.

The Prince's Government's efforts to maintain a dynamic economy hinge upon certain responsibilities:

• Responsibility for managing public finances: to avoid the risk of accumulating debt while guaranteeing the quality of services for the people of Monaco
• Social responsibility: maintaining a high level of employment, benefiting a broad sector of the population beyond the Principality's borders
• Eco-responsibility: to ensure that the economy respects the high standards of sustainable development set by the Prince and his Government

Part of the Business Development Agency, the Monaco Business Office (MBO) now offers a dedicated space for entrepreneurs and businesses based in the Principality. 

They will be offered tailored support and assistance with administrative procedures, with a focus on ensuring that they have the vital information and strategic contacts that will help them to start and grow your business.

Whether they’re starting a company, making changes to an existing concern, operating a retail business or engaged in industry, or if they have questions about funding and innovation, the Monaco Business Office is the key point of contact.

Monaco Boost, the business incubator of Prince’s Government , supports Monegasque young entrepreneurs or spouses of Monegasque in creating and developing their businesses by providing them a flexible office space, a professional network and an environment conducive to networking.

Launched in 2017 by the Prince's Government, MonacoTech is the only incubator and accelerator of startups in the Principality. It supports innovative, high-impact projects (GreenTech, BioTech, Yachting, etc.) by offering them a prestigious ecosystem and a network of international experts. Its objective is to contribute to the diversification of Monaco's economy while promoting the creation of sustainable businesses. Selected projects benefit from tailor-made support and privileged access to local investors.