Tourist contribution: amounts revised downwards (February 2024)

Sovereign Order no. 10.280 of 20 December 2023 (JDM no. 0674 of 22 December 2024) relating to the tourist contribution introduced as from 1 January 2024 by Chapter V of Law No. 1.548 of 6 July 2023 containing various tax provisions, sets out the conditions for the application of Article 26 of Law no. 1.548 under which establishments are required to draw up a declaration for the purpose of paying the contribution, accompanied by the payment of the contribution collected, on behalf of the Treasury.

In addition, Ministerial Order no. 2023-754 of 20 December 2023 (JDM no. 0674 of 22 December 2024) amended by Ministerial Order no. 2024-72 of 5 February 2024 (JDM no. 8681 of 9 February 2024) sets the amount of the tourist contribution.

The amounts initially set, considered too high, have been revised downwards (halved) for 2024 at the proposal of the Parliament (Conseil National), after consultation with the associations and directors of the hotel groups. A "consensus" between the economic interests of the State and the competitiveness of Monaco's hotel establishments, given the tourist taxes charged in the Riviera's leading towns (Conseil National, A la une, "Instauration d'une taxe de séjour à Monaco : les élus obtiennent, par le dialogue avec le Gouvernement, l'application de montants qui préservent l'attractivité de nos établissements hôteliers", 10 February 2024).

More broadly, the Parliament noted that the application of all the tax provisions set out in Law No. 1.548 of 6 July 2023 would "generate several million euros a year in revenue for the State coffers", with the aim of "guaranteeing a balanced budget and replenishing the Constitutional Reserve Fund (FRC) year on year, which had been drained of 103 million euros to deal with the Covid-19 crisis".

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Declaration procedures

The declaration must be drawn up on a dedicated form that can be accessed online on the Monaco Government website or obtained from the Tax Department. It includes the following information:

• the number of overnight stays recorded during the last six months, per person accommodated in the hotel or hotel residence;
• the amount of the applicable contribution per night and per person;
• the total amount of contributions payable for the previous six-month period;
• where applicable, the number of nights exempt from the contribution.

The declaration must be dated, signed and sent electronically to the Direction des Services Fiscaux, which will acknowledge receipt.

It must be submitted twice a year, within the following deadlines:

• between 1 and 10 August of the current year, for the first half of the year; and
• between 1st and 10th February of the following year, for the second half of the year.

Calculation and repayment of contributions collected

The repayment of the contributions collected, by bank transfer, must be calculated in accordance with the scale set by Ministerial Decree no. 2023-754 of 20 December 2023 for each establishment (hotels, hotel residences), per person and per overnight stay (depending on the case, €5, €10, €13, €14).

The contributions collected must be repaid by the following deadlines:

• before 10 August of the current year, for the first six months; and
• before 10 February of the following year, for the second half of the year.

The amounts of the tourist contribution have been revised downwards by Ministerial Order no. 2024-72 of 5 February 2024. Originally set at €5, €10, €13 or €14 depending on the establishment, they have been halved and now stand at €2 (2-star establishments), €3 (3-star establishments), €5 (4-star establishments) or €7 (5-star establishments).

A symbolic €1 per free night will be charged to hotels for journalists, influencers and any professional promoting Monaco.

There are exemptions for groups of conference delegates.

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