Monaco
Taxation in Monaco
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Gaming PC Blockage (Bottleneck) in Simple Words
A gaming PC blockage happens when one part of your computer is slower than the rest. This usually happens between the CPU and GPU. When they don’t match well, your games can lag, freeze, or run with low FPS. The good news is that you can easily check which part is slowing things down and fix it with the right upgrade.Check your PC for bottlenecks here:
Total Posts: 1 Last post by roberttooler
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Gaming PC Blockage (Bottleneck) in Simple Words
A gaming PC blockage happens when one part of your computer is slower than the rest. This usually happens between the CPU and GPU. When they don’t match well, your games can lag, freeze, or run with low FPS. The good news is that you can easily check which part is slowing things down and fix it with the right upgrade.Check your PC for bottlenecks here:
Total Posts: 1 Last post by roberttooler
Taxation in Monaco
Personal Tax
The fiscal year is 1 January to 31 December. There is no personal income tax for non citizens.
Corporate tax
The tax on business profits is 33.33%. For a newly incorporated business reduced tax rates apply:
- First 2 years - 0% payable
- Third year - tax calculated on 25% of the reduced profits
- Fourth year - tax calculated on 50 % of the reduced profits
- Fifth year - tax calculated on 75 % of the reduced profits
- Sixth year - tax calculated on 100 % of the reduced profits
What is the VAT equivalent in Monaco?
It is the same as France. The French equivalent is TVA (taxe sur la valeur ajoute). There are three rates:
9,6% - Normal
5,5% - reduced rate e.g. charged by the water board, artisans renovating a house older than two years old
2,1% - Super-reduced rate: very rare
How do I file my VAT returns?
You can either submit the returns manually to:
Department of Finance and Economy
Tax Services Department
Main Tax Office
Le Panorama
57 rue Grimaldi
BP 475 - 98012 Monaco CEDEX
Tel: +377.98.98.81.06
+377.98.98.20.62
+377.98.98.81.40
+377.98.98.20.91
Fax: +377.98.98.81.55
Or, you can use the new online service, which is free of charge. You can declare and pay your VAT on line via the secure website www.secure.gouv.mc/etva