AGP Executive Report
Last update: 5 hours agoTrade & Tax: A new EU court ruling underscores Monaco’s place in the EU customs territory and its treatment as French territory for VAT, a distinction that can shape yacht movements, shipyard visits and import duties. Monaco is also changing business-tax enforcement, easing fraud penalties while raising fines for late filings. Financial Services: Monaco’s removal from the FATF grey list is a boost to its €190bn wealth hub, though the principality has pledged further reforms. Investment: Monte Carlo Capital has reached a €13 million first close for its second fund, targeting deep-tech and space-tech startups.
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