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%