Change in corporate tax rate

The corporate tax rate, which has been set at 33.33% since 1 January 1993, is set at 31% for financial years beginning on or after 1 January 2019, 28% for financial years beginning on or after 1 January 2020 and 26.5% for financial years beginning on or after 1 January 2021. (Monaco Journal 02.11.2018)