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Monaco VAT / Sales Tax

Detailed vat / sales tax rates and rules for Monaco in 2026.

VAT / Sales TaxEUR

Monaco applies the French VAT system under the customs union agreement. The standard rate is 20% with the same reduced rates as France (10%, 5.5%, and 2.1%). VAT collected in Monaco is shared with France.

Standard Rate

20%

Registration Threshold

Same as French thresholds

Reduced Rates

10% — Same as French reduced rates (food, transport, renovation)5.5% — Same as French super-reduced rates (basic food, books, energy)2.1% — Same as French super-reduced rates (newspapers, pharmaceuticals)

How Monaco VAT / Sales Tax compares

Monaco’s standard VAT / sales tax rate of 20% is the 27th highest of 203 countries TaxAtlas tracks, above the global average of 13.7% and Europe’s regional average of 19.9%.

Monaco
20%
Europe average
19.9%
Global average
13.7%

Countries with a similar vat / sales tax rate

Monaco VAT / Sales Tax FAQ