Chartered accountants, auditors and tax advisers based in Monaco. They keep the books, prepare financial statements, carry out audits and advise on tax matters.
Accountants & Auditors in Monaco: what you need to know
Assignments
The firms in this category keep or review company accounts, prepare annual accounts and returns, and advise on tax and financial matters. Some carry out audit assignments, meaning the independent examination of accounts, or support companies in specific transactions such as a start-up, an acquisition or a transfer of ownership. They fall under code 6920Y Accounting, bookkeeping and auditing services; tax consultancy.
Choosing a firm
The size of the company, its sector and the share of its business that is international guide the choice. Some firms work mainly for local companies, others for international groups. Each firm's page presents its assignments and specialities; it helps to state from the first contact the volume of documents to process and the deadlines.
What is the difference between an accountant and an auditor?
The accountant keeps or supervises the accounts and advises the company. The auditor examines the accounts independently to attest to their reliability. Some firms in the category practise both professions, for different clients.
When should you call on an accountant?
As soon as a company is set up, to organise the bookkeeping and choose tax options, then every year for the accounts and returns. An accountant is also useful for financing, an acquisition or a transfer of ownership.
Does an accountant give tax advice?
Yes, tax advice is part of their routine assignments. For a complex international tax question, some firms in the category specialise in it; a tax law specialist can also be consulted.
