Société à Responsabilité Limitée (SARL)

The Société à Responsabilité Limitée is a limited liability company introduced into Monegasque law by Law no. 1.331 of 8 January 2007 on companies.

The SARL is founded by two or more shareholders with liability limited to their capital contributions. The minimum registered capital is 15,000 euros, which must be fully paid up by the shareholders.

The articles of association may be drawn up as a private deed or as a notarized deed.

The activity engaged in must be commercial in nature.

The company is represented by an individual manager who may or may not be a shareholder.