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Monaco

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Overview

 

Associations: France

 

Capital: Monte Carlo

 

Government: Constitutional monarchy

 

Location: Monaco is located in Western Europe and borders the Mediterranean Sea on the southern cost of France near its border with Italy.

 

Climate: Monaco has a Mediterranean climate with mild, wet winters and dry, hot summers.

 

Religion: An overwhelming majority of the Monaco is Roman Catholic.

 

Entry and Exit: Monaco does not have any airports, but the nation is linked to the airport in at Nice and other French airports by helicopter service.

 

Non-resident stay: Visas are not required for tourist or business stays of up to 90 days.

 

Language: Although French is the nation’s official language, English, Italian, and Monegasque are also commonly spoken.

 

Communication: Monaco has an excellent, world-class communications infrastructure.

 

Currency: Euro (EUR)

 

GDP per capita: $27,000 (1999 estimates)

 

Main industry: Monaco’s main industries include light manufacturing, banking and financial services, shipping and trade, research and development in biotechnology and marine environments, and tourism.

 

Unique characteristics: It is possible to administer foreign companies from Monaco without registering, which provides superior levels of privacy for business owners. This is a useful way to create a significant onshore presence for an offshore corporation, In the case of the establishment of this type of business, it is illegal to conduct commercial business within Monaco with the exception of those activities conducted with management, banking, and finance.



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Latest news

  • Minister Lilo To Attend Environment Forum In Monaco - Scoop.co.nz

    Google News - Monaco, 17-February-2008


    Minister Lilo To Attend Environment Forum In Monaco
    Scoop.co.nz, New Zealand - 11 minutes ago
    The Ministerial consultations will focus on two themes, namely "Globalization and the Environment - mobilizing finance to meet climate change challenges" ...

    [full story]
  • PM says cabinet claim impossible - National Business Review

    Google News - Monaco, 17-February-2008


    National Business Review
    PM says cabinet claim impossible
    National Business Review, New Zealand - 3 hours ago
    He lives in Monaco and was in New Zealand last week at the opening of a new building named after him at Auckland University Business School, to which he has ...

    [full story]
  • Brown faces legal revolt over Rock - This is Money

    Google News - Monaco, 17-February-2008


    Turkish Press
    Brown faces legal revolt over Rock
    This is Money, UK - 12 hours ago
    Two hedge funds, Monaco-based SRM Global and Londonlisted fund manager RAB Capital, are leading shareholder opposition to Branson. SRM has indicated it will ...
    UK Lawmakers Attack Biggest Northern Rock Investor (Update1) Bloomberg
    all 663 news articles

    [full story]

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