Monaco: Electronic VAT Refund Request for Non-EU Taxable Persons through a VAT representative

We , Minister of State of the Principality,

Having regard to the Franco-Monegasque Convention of May 18, 1963 made enforceable by Sovereign Order no. 3.087 of August 19, 1963;

Considering the Sovereign Ordinance n ° 11.887 of February 19, 1996 codifying the legislation concerning the taxes on the turnover, modified;

Having regard to the deliberation of the Council of Government dated July 28, 2021;

Let’s stop:

First article.

In the second, third and fourth paragraphs of b) of 1 ° of 6 of article 23 of the Sales Tax Code, the amount: “€ 72,000” is replaced by the amount: “€ 72,432”.

Art. 2.

In article A-19 of the appendix to the Code of sales taxes, the amount: “€ 69” is replaced by the amount: “€ 73”.

Art. 3.

In II of article A-75 of the appendix to the Code of turnover taxes, the reference: “A-118” is replaced by the reference: “A-117”.

Art. 4.

Article A-128 J of the appendix to the Code of turnover taxes is amended as follows:

1 ° At the beginning of the first paragraph, the words: “I.-” are added;

2 ° The second paragraph is replaced by the following provisions:

“II.- The reimbursement request from a taxable person established outside the European Union is transmitted electronically by the taxable representative established in Monaco, appointed in accordance with article A-128 K.

A summary table showing all the invoices or import documents justifying the amount of reimbursement requested is attached to the request. This table includes, for each invoice or import document, the following information:

1 ° The serial number, which must be entered on the invoice or the import document;

2 ° The name and full address of the supplier or service provider;

3 ° The value added tax identification number of the supplier or service provider;

4 ° The date and number of the invoice or import document;

5 ° The tax base and the amount of value added tax, denominated in euros.

The request is accompanied by a copy of the invoices or import documents when the tax base appearing on the invoice or the import document is equal to or greater than an amount of € 1,000. However, when the invoice relates to fuel expenses, this threshold is set at € 250.

The taxable person established outside the European Union certifies that he meets the conditions provided for in article A-128 G.

The request is only deemed to have been made on condition that it includes all the information provided for in the second to eighth paragraphs of this II. “;

3 ° At the beginning of the last paragraph, the words: “III.-” are added;

4 ° An IV is added as follows:

“IV.- The originals of the documents mentioned in the eighth paragraph of II are made available to the Administration, at its request, within one month from the date of receipt of the request. “.

Art. 5.

I – The provisions of articles 1 to 3 of this decree come into force on June 12, 2021.

II – The provisions of Article 4 of this Order come into force on 1 ^st July 2021.

Art. 6.

The Government Counselor-Minister of Finance and the Economy is responsible for the execution of this decree.

Done in Monaco, at the Government House, on August three, two thousand and twenty-one.