Law No. 1144

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Probably because Monaco is such a small place, the Government has determined that no one can pursue an ecomonic activity there without the prior permission of the Government. Thus, the Government wants to know, before it starts, the nature of the activity and those behind it and approve of this activity before it commences. Thus, the Government enacted Law No. 1144 reflecting these policies. In the following pages, we will explore in detail:

1. Law No. 1144 in its original French text
2. an English translation of Law No. 1144 prepared by Berg and Duffy, LLP, the sponsor of this site
3. an analysis of Law No. 1144 also prepared by Berg and Duffy, LLP, the sponsor of this site

Obviously, any law that is as absolute as Law No. 1144 must have some exceptions that arise from practice and/or administrative tolerance. Also, there must be exceptions for de minimus conduct. We will explore all of this in this section and in any comments visitors may wish to offer.