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Legal news in Monaco


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Expertise
26/02/2024
Cohabitation under Monegasque law
Definition Cohabitation is a de facto union, characterised by a stable and continuous life together, between two people living as a couple.Although it is a form of free union, cohabitation is not protected...
19/02/2024
The will: how to draft it?
Estate planning is often postponed. Indeed, in addition to constraints of time and availability, it is not uncommon for people to be simply reluctant to plan the aspects of their own demise.However, preparing...
15/02/2024
Retail lease agreements in Monaco - Overview
Applicable law Leases for premises in which a commercial, industrial or a craft industry is carried out are regulated by (i) the mandatory provisions of the Law n°490 of 24th November 1948 (applicable...
13/02/2024
The violation of the secrecy of correspondence necessary for the rights...
Article 341 of the Penal Code states peremptorily that the secrecy of correspondence is inviolable.In the following article, it defines violation of the secrecy of correspondence as the fact of becoming...
12/02/2024
Grandparents' visiting rights
What are the rights of grandparents regarding their grandchildren? Paragraph 4 of article 300 of the Civil Code states that: "The child's personal relations with their ascendants may not be obstructed...
09/02/2024
Resale right in Monaco
Law n°1.526 adopted on 1 July 2022 had thoroughly reformed the resale right in Monaco in order to bring it into line with European regulations and make the art market in the Principality more at­tract­ive.Sov­er­eign...
06/02/2024
Gift of shares of a Monegasque SCI owning a real estate in France: risk...
The Monegasque civil company (SCI) is an excellent asset and wealth management tool, commonly used to facilitate the management and transfer of a real estate property in France.In this respect, the gift...
22/01/2024
The compensation guarantee for victims of personal injury offences
With the promulgation of Law No. 1.555 of 14 December 2023 on compensation for victims of sexual offences, crimes and offences against children, domestic violence and other offences against individuals...
16/01/2024
More transparency for civil companies in Monaco
Law no. 1.550 of 10 August 2023 and Sovereign Order no. 10.117 of 21 September 2023 have modified the legal framework hitherto applicable to civil companies (“Sociétés Civiles”) in Monaco.In particular...
15/01/2024
Taxation of works of art in Monaco
The Principality of Monaco is renowned for its high level of security for people and property, and is proving to be a very attractive country for high-net-worth individuals looking for security and lenient...
11/01/2024
Unit trusts and investment funds
Sovereign Ordinance No. 10.281 of 20th December 2023 amending Sovereign Ordinance No. 1.285 of 10th September 2007 implementing Law No. 1.339 of 7th September 2007 relating to unit trusts and investment...
08/01/2024
The legal administration of a minor's assets under judicial supervision...
Under Monegasque law, the legal administration under judicial supervision is a measure for the protection of minors. It is set up in the unfortunate event of the death of one of the parents of a minor...