The supply of goods by a non-resident is subject to VAT in Monaco. There is generally no revenue threshold. However, in the cases of intra-community acquisitions or distance sales of non-residents located in EU countries, the registration thresholds are EUR 10,000 and EUR 100,000 respectively.
When a non-resident has an establishment in Monaco, the establishment is typically responsible for the VAT. If a non-resident has no establishment in Monaco, they must register for VAT and in some cases appoint a tax representative.
Non-residents resident in EU Member States can register without appointing a tax representative, but may appoint a rep if they wish. Non-residents that are not resident in the EU are generally required to appoint a tax representative. However, non-residents resident in the following jurisdictions do not need to appoint a rep:
- Argentina
- Australia
- Azerbaijan
- Georgia
- India
- Iceland
- Mexico
- Moldova
- Norway
- Republic of Korea
- Saint Barthélémy