Taxes on salary: Monaco preliminary data
How much income tax and social contributions are paid on a salary in Monaco, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | €60,001 |
|---|---|
| Employee contributions | €7,460 |
| Take-home pay | €52,541 |
| Employer contributions and payroll taxes | €18,333 |
| Employer's labour cost | €78,334 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 | €60,000 | €120,000 |
|---|---|---|---|
| Sole proprietor | €0 0.0 % | €0 0.0 % | €0 0.0 % |
| Company | €6,750 25.0 % | €13,500 25.0 % | €27,000 25.0 % |
Special tax regimes
There are no special regimes for individuals.
Tax residence
The tax residence check does not cover Monaco yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 1.000012 EUR (ECB euro reference rate, 02/01/2026) ↗
Sources
- MonServicePublic.gouv.mc — La fiscalité monégasque
- MonEntreprise.gouv.mc — Impôt sur les bénéfices
- Caisses Sociales de Monaco — Employeur: Cotisations (taux et plafonds en vigueur)
- Caisses Sociales de Monaco — Les 5 derniers taux et plafonds
Data checked: 08/11/2026. An indicative calculation for a typical case. Not tax advice.