Monaco Corporate Income Tax
Detailed corporate income tax rates and rules for Monaco in 2026.
Monaco levies corporate tax (Impôt sur les Bénéfices - ISB) at 25% on companies that derive more than 25% of their turnover from activities outside Monaco. Companies conducting business exclusively within Monaco are generally exempt. The rate aligns with French corporate tax rates under the 1963 convention.
Standard Rate
25%
Additional Notes
New businesses benefit from a phased introduction: 25% exemption in year 1, 50% in year 2, 75% in year 3, 100% from year 4 onwards (on qualifying income). Monaco has limited tax treaties and does not participate in the EU tax framework. However, Monaco has signed up to the OECD Common Reporting Standard (CRS) for automatic exchange of financial information.
How Monaco Corporate Tax compares
Monaco’s corporate tax rate of 25% is the 69th highest of 203 countries TaxAtlas tracks, above the global average of 22.2% and Europe’s regional average of 19%.
