Withholding tax in Monaco 2026

Monaco operates no withholding taxes: payments of dividends, interest, royalties, service fees and salaries leave the principality gross, whoever the recipient.

The historical exception — withholding on interest paid to European Union residents — ended in 2017, replaced by automatic exchange of account information.

At a glance

top rate: 0%
entry band: 0%
tax year basis: Not applicable
filing deadline: None
residency basis: No withholding for residents or non-residents
regime flag: Treaty network of about a dozen agreements, France's being the defining one

Rates

Withholding on payments from Monaco (2026)

Rate	Base	Applies to
0%	—	Dividends, interest, royalties, service fees, rents and salaries — all recipients

Residency

Residency trigger

Nothing to trigger on the Monaco side; the 1963 French treaty exists to preserve France's taxing rights over French nationals, not to relieve double taxation.

Non-resident treatment

Identical — payments leave gross; foreign source countries' own withholding is rarely reduced, given Monaco's thin treaty network.

Notes

Monaco has roughly a dozen double-tax treaties (Luxembourg, Malta, Qatar, Mauritius, Montenegro among them) plus a wide set of information-exchange agreements.
Automatic exchange of financial-account information has applied since 2017, with the framework's 2026 addendum now in force — the 0% rates coexist with full transparency.
Inbound income may carry the source country's withholding; with few treaties, that cost is usually final.

FAQ

Does Monaco withhold tax on payments abroad?

No — 0% withholding on dividends, interest, royalties and fees leaving Monaco, to any recipient.

Can Monaco residents reclaim foreign withholding taxes?

Rarely — Monaco has only about a dozen tax treaties, so the source country's withholding usually sticks; the 0% applies to Monaco's side only.

Figures: tax year 2026, compiled from public sources. Not tax advice.

See withholding tax in other countries

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