Blog.

Our Focus.

Administration services for Monegasque SCIs and SCPs

A Monegasque SCI or SCP is a popular vehicle for owning private assets, particularly real estate.

It allows for a simple ownership structure that can provide tax and estate planning benefits while avoiding unwanted tax issues, formalities and the costs of using certain offshore companies.

If the SCI/SCP owns a French residential property, its tax filing requirements can be significantly reduced if its sole activity (as is often the case) is to provide its shareholders with the free use of French residential property. From a legal point of view, a Monegasque SCI/SCP has the same characteristics as a French SCI and is therefore treated in the same way from a French tax perspective.

For tax and estate planning purposes, Monegasque SCIs and SCPs can also be used to hold other valuable private assets such as works of art, luxury cars, financial assets etc.

Our Services.

Square Services is a unique Monegasque company specialising in the administration of Monegasque civil companies both SCIs and SCPs.

We provide comprehensive administration services for Monegasque SCIs and SCPs to ensure that the company complies with Monegasque regulations (and French tax requirements if it owns a French property).

Thanks to our small reactive structure, we’re able to provide best quality services at competitive fees.

Our services include:

Provision of registered office;
Scanning and forwarding of letters by email;
Provision of annual accounts (signed off by a chartered accountant);
Preparation of minutes of general meetings to approve the financial statements;
Acting as the responsible of the information towards the competent Monegasque authorities;
Filing of the annual declaration and additional declaration in case of change;
Keeping the shareholders' register;
When necessary, providing director services (“gérant”) for the SCI/SCP from Monaco.

We also incorporate SCIs and SCPs and provide a wide range of administrative services relating to the company.