
Monaco has several service providers that specialise in the administration of Sociétés Civiles Immobilières (SCIs) and Sociétés Civiles Particulières (SCPs). These providers typically assist with the formation, compliance, and ongoing administration of these entities.
Types of Monaco SCI administration service providers
1. Corporate Services Firms – These firms offer corporate administration, including incorporation, registered office services, accounting, and regulatory compliance for SCIs and SCPs.
2. Business centers - They can provide domiciliation services, but do not offer specialised SCI/SCP administration services.
3. Law Firms and Notaries – Legal professionals in Monaco provide advisory services related to the structuring, governance, and legal compliance of SCIs and SCPs, particularly for estate planning and asset protection.
4. Accounting and Tax Advisory Firms – These firms ensure compliance with French and Monegasque tax obligations, manage financial reporting, and assist with tax filings related to SCI/SCP ownership.
5. Multi-Family Offices – Multi-Family Offices in Monaco can provide SCI/SCP administration, but only as part of broader estate and asset management services for their clientele.
While you can find corporate service providers, law firms, and tax advisors in Monaco who offer SCI/SCP administration as part of their broader services, only Square Services specialises specifically in the administration of Monegasque SCIs and SCPs.
How to choose the right SCI/SCP administration provider?
When selecting a firm, consider:
✔ Domiciliation Only vs. Full Administration – Some providers only offer a registered office, while others provide full administration services including tax formalities.
✔ French Tax compliance expertise – If your SCI/SCP holds French real estate, you need a provider that handles French tax filings and understands French taxes.
✔ Quality and Accessibility – Evaluate the services offered and compare pricing to ensure the best value for your needs.
Why choose Square Services for your SCI/SCP administration in Monaco?
Square Services is a unique Monegasque company specialising in the administration of SCIs and SCPs that was founded 8 years ago by Frédéric Mege, a French tax lawyer with over 20 years of experience.
We offer a comprehensive approach to SCI/SCP administration ensuring full compliance with Monegasque corporate regulations while also managing the French tax obligations applicable to companies owning French real estate. This includes maintaining accurate shareholder records, ensuring timely annual declarations, and handling the necessary financial reporting to avoid tax risks, such as the 3% tax on real estate ownership in France.
Recent regulatory changes in Monaco require enhanced transparency for civil companies. We assist our clients in appointing a responsible party, maintaining a register of shareholders, and ensuring that annual accounts are properly kept. Given the increasing scrutiny from both Monegasque and French authorities, clients can no longer leave their SCI/SCP unattended—this means that professional administration is essential.
In addition to regulatory compliance, having proper accounting practices for your SCI/SCP in Monaco is necessary. We maintain audited financial statements and ensure that accounts are prepared by a chartered accountant, to preserve their validity in case of tax audits or legal proceedings.
With deep roots in Monaco’s corporate environment and a globally experienced team, we provide high-quality, tailored support, making us your ideal partner for Monegasque SCI/SCP administration.
We operate on a transparent fixed-fee basis, ensuring no hidden costs. Our annual administration fee includes prompt administrative assistance as standard. If additional services beyond this scope are required, we inform clients in advance to ensure full clarity and control over costs.
Contact us today for more information.
This information is for reference only. It is not intended to provide tax or legal advice and should not be relied upon as such.
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