Monaco Business
• Main exports: Pharmaceuticals, perfumes and clothing.
• Main imports: Electricity.
• Main trade partners: France and Italy.
Economy
Monaco attracts many extremely wealthy individuals as residents, by virtue of its pleasant climate, reputation and environment as well as the absence of income or inheritance tax and lack of financial reporting requirements. Migrant, non-resident labour supplies the menial workforce.
Almost all the principality’s external trade is conducted with France – and France, along with Italy, supplies the bulk of Monaco’s visitors (both as tourists and foreign labour).
Business Etiquette
Office hours: Mon-Fri 0900-1200 and 1400-1700.
Conferences & Conventions
Other conference venues include the 1,100-capacity Convention Centre and Auditorium (built on land reclaimed from the sea), including technical support and exhibition areas; the International Conference Centre (with a capacity for 450 persons); and the Meridien Beach Plaza Club, which can seat up to 1,624 people. For further information, contact the Direction du Tourisme (see Contact Addresses).
Business Contacts
8 rue Louis Notari, MC 98000, Monaco
Tel: 9330 2082.
Grimaldi Forum Monaco (Information on Conferences/Conventions)
BP 2000, 10 avenue de la Princesse Grace, MC 98001, Monaco
Tel: 9999 2000.
Website: www.grimaldiforum.com
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