The Principality of Monaco: a little-known attractive tax framework for the deployment of an international business activity | Gordon S. Blair Law Offices
Legal Briefing
Monaco’s attractive tax system is commonly known for the total absence of income tax and wealth tax applicable to individuals residing in Monaco (other than French nationals), as well as the full exemption of gift and inheritance tax between spouses and in direct lines, giving rise to wealth planning opportunities for high-net-worth individuals.