Monaco Publishes Ministerial Order Introducing New VAT Refund Requirement for Taxable Persons Outside the EU

Monaco has published Ministerial Order no. 2021-574 of 3 August 2021 in the Official Gazette, which establishes new rules regarding VAT refund requests by taxable persons established outside of the EU. The rules are the same as those recently introduced in France considering that Monaco has a customs union with France and applies essentially the same VAT regime.

Source: Orbitax