Skip to content
SettleMetric

MCOfficial rules, modeled

Freelancer taxes in Monaco (2025).

A freelancer earning €60,000 a year in Monaco keeps between 51,195 EUR and 51,195 EUR depending on the scheme — the best option is "Sole trader, advisory or other civil activity — CAMTI and CARTI contributions only" at an effective burden of 14.7%. 2 schemes below, each computed from official rules.

VerifiedUpdated

2 schemes · 8 source records · every result follows the published scheme rules

MC · 2025

01

At €60,000 a year

A like-for-like view of every eligible scheme before the full rules below.

  1. 01Sole trader, advisory or other civil activity — CAMTI and CARTI contributions onlyBest result at this incomeNet income51,195 EUREffective burden14.7%
  2. 02Sole trader, commercial activity selling mostly abroad — 25% profit tax plus CAMTI and CARTINet income51,195 EUREffective burden14.7%

Reference profile: self-employed · €60,000 annual gross income · no deductible expenses · full-year tax residency.

Full rules

Inside each tax scheme

01activeSole proprietor

Sole trader, advisory or other civil activity — CAMTI and CARTI contributions only

Effective burden at €60k

14.7%

What you pay

  • CAMTI health, maternity and accident insurance — fixed 1,101 per comp.period.quarter
  • CARTI pension, class 2 — only if "cartiClass1" = false: fixed 1,100.16 per comp.period.quarter
  • CARTI pension, class 1 — only if "cartiClass1" = true: fixed 550.08 per comp.period.quarter

Eligibility

  • Activities: advisory, consulting and other civil (non-commercial) activities run as a sole trader with a business permit
  • Requires tax residency
  • Monaco levies no personal income tax on its residents, except French nationals, who remain taxable in France under the Franco-Monegasque convention of 18 May 1963; the exemption covers only people and activities genuinely established in Monaco and does not change other states' rules. The only direct tax, the profit tax of Sovereign Ordinance 3.152, reaches industrial and commercial activities (with at least 25% of turnover outside Monaco) and companies earning patent or copyright royalties; an activity of a civil nature — advisory work or professional expertise, which the business portal says is not entered in the Trade and Industry Registry — is outside it. A foreign national needs a business permit from the Business Development Agency, and every self-employed person must join CAMTI (health) and CARTI (pension). CARTI has four classes (1 to 4 pension points a month); class 1 is reserved for low incomes — from 1 October 2026 an average monthly professional income below €3,000 in the previous Caisses Sociales year (Arrêté Ministériel 2026-366; the October 2025 letter gave €3,014 for 2025-2026) — so class 2 is the lowest class open to everyone and is the default here.

Net income examples

Gross/yearNet/yearBurden
30,000 EUR21,195 EUR29.3%
60,000 EUR51,195 EUR14.7%
120,000 EUR111,195 EUR7.3%

Computed by our open tax engine — assumes no deductible expenses, full-year tax residency. Rules as of Oct 1, 2025.

Important context

Contribution amounts are those in force from 1 October 2025 for the Caisses Sociales year 2025-2026 (CAMTI €1,101 a quarter, called at the start of the quarter; CARTI €550.08 / €1,100.16 / €1,650.24 / €2,200.32 a quarter for classes 1-4, called at the end, additional-rate surcharge 0%). On 2 October 2026 neither the Caisses Sociales nor the Journal de Monaco had published the 2026-2027 amounts; only the class-1 threshold had changed, to €3,000. Higher CARTI classes buy more pension points at proportionally higher cost and are voluntary. VAT, levied in Monaco on the same basis and at the same rates as in France, is a consumption tax and is not modelled. Not modelled: French nationals (French income tax applies), US citizenship-based taxation, and the business permit and premises a sole trader needs — a home address is allowed when no clients are received there.

02activeSole proprietor

Sole trader, commercial activity selling mostly abroad — 25% profit tax plus CAMTI and CARTI

Effective burden at €60k

14.7%

What you pay

  • CAMTI health, maternity and accident insurance — fixed 1,101 per comp.period.quarter
  • CARTI pension, class 2 — only if "cartiClass1" = false: fixed 1,100.16 per comp.period.quarter
  • CARTI pension, class 1 — only if "cartiClass1" = true: fixed 550.08 per comp.period.quarter
  • 04
    Deductible remuneration of the operator (Ordinance 373 scale for service providers, with the 15% expense allowance)

    Fixed payment by band · base: annual revenue · cadence: Annual

    Annual revenue · EURPayment · EUR
    ≤ 125,00077,832
    125,000–250,000136,206
    250,000–375,000194,580
    375,000–500,000252,954
    500,000–625,000311,328
    625,000–750,000369,702
    750,000–875,000428,076
    875,000–1,000,000490,341.6
    1,000,000–1,125,000552,607.2
    1,125,000–1,250,000614,872.8
    1,250,000–1,375,000677,138.4
    1,375,000–1,500,000739,404
    1,500,000–1,625,000801,669.6
    1,625,000–1,750,000863,935.2
    Annual revenue · EURPayment · EUR
    1,750,000–1,875,000926,200.8
    1,875,000–2,000,000988,466.4
    2,000,000–2,125,0001,050,732
    2,125,000–2,250,0001,112,997.6
    2,250,000–2,375,0001,175,263.2
    2,375,000–2,500,0001,237,528.8
    2,500,000–2,625,0001,299,794.4
    2,625,000–2,750,0001,362,060
    2,750,000–2,875,0001,424,325.6
    2,875,000–3,000,0001,486,591.2
    3,000,000–3,125,0001,548,856.8
    3,125,000–3,250,0001,611,122.4
    3,250,000–3,375,0001,673,388
    > 3,375,0001,735,653.6

    (a deduction that lowers the tax base, not a payment)

  • Profit tax (impôt sur les bénéfices) — 25% of profit

Eligibility

  • Revenue cap 3,500,000 EUR/year
  • Activities: commercial or industrial activity run as a sole trader, with at least 25% of turnover from operations outside Monaco (services count as outside when used or exploited outside Monaco)
  • Requires tax residency
  • Sovereign Ordinance 3.152 taxes the profits of firms of any legal form that carry on an industrial or commercial activity in Monaco when at least 25% of their turnover comes from operations outside Monaco; a service counts as performed outside Monaco when it is used or exploited there (art. 3). The rate is 25% for financial years opened on or after 1 January 2022 (art. 21). The operator of a sole proprietorship counts as its director (art. 13 §3), and the director's remuneration is deductible for actual work within a scale set by Sovereign Ordinance 373 of 26 January 2006: for a service provider with turnover up to €125,000, up to the social-security ceiling as fixed on 1 October 2001, €67,680; for each further €125,000 of turnover, +0.75 of that amount up to the seventh tranche and +0.8 from the eighth to the twenty-eighth (turnover €3.5m); art. 13 §1 allows up to 15% more as a flat allowance for personal expenses. New firms carrying on a genuinely new business pay no profit tax in their first two years and are taxed on 25%, 50% and 75% of profit in years three to five; this scheme models year six onwards. Above €3.5m of service turnover the scale no longer applies and the deduction is judged against international practice, which cannot be modelled.

Net income examples

Gross/yearNet/yearBurden
30,000 EUR21,195 EUR29.3%
60,000 EUR51,195 EUR14.7%
120,000 EUR100,653 EUR16.1%

Computed by our open tax engine — assumes no deductible expenses, full-year tax residency. Rules as of Oct 1, 2025.

Important context

Assumptions: the operator draws at least the maximum deductible remuneration, takes the full 15% expense allowance, and the CAMTI and CARTI contributions are not deducted again from the profit (neither text says they are). The scale was read from Ordinance 373; its reading — the first tranche at the full ceiling, tranches two to seven at 0.75 and eight to twenty-eight at 0.8 — reproduces exactly the €1,509,264 that the CMS law firm quoted in 2022 for €3.375-3.5m of service turnover. A single-member company (SURL, available since the Act 1.573 of 8 April 2025) is taxed the same way, and its managing partner must also join CAMTI and CARTI; dividends paid to a resident individual bear no Monaco tax. Contribution amounts as in mc-sole-trader-civil (Caisses Sociales year 2025-2026). French nationals and the start-up relief are not modelled.

02

Try your own numbers

Change income, currency and expenses to recalculate every active scheme for Monaco.

full calculator
  1. 1 Sole trader, advisory or other civil activity — CAMTI and CARTI contributions only
    51,195 EURnet/year
    14.7% burden
  2. 2 Sole trader, commercial activity selling mostly abroad — 25% profit tax plus CAMTI and CARTI
    51,195 EURnet/year
    14.7% burden