Parcel Delivery To Monaco

Monaco, officially known as the Principality of Monaco, is a microstate located on the French Riviera in Western Europe. Economic development in the area was sparked in the late 19th century by the opening of the country's first casino, Monte Carlo, and a railway connection to Paris. Since then, and thanks to its mild climate, picturesque scenery, and gambling facilities, Monaco has been known as a playground for the rich, specifically due to its tax laws. In 2014, it was noted about 30% of the population was made up of millionaires - more than in Zürich or Geneva.More recently, Monaco has become a major banking centre and has sought to diversify its economy into the services sector. As such, parcel delivery services are always in demand from the UK to Monaco. The state has no income tax, low business taxes, and is well known for hosting the annual Monaco Grand Prix, one of the original Grands Prix of Formula One.Whilst Monaco is situated on the south-east coast of France, it does not formally belong to the European Union. That being said, it participates in EU trade polices when it comes to customs and border controls. It also uses the Euro as its primary form of currency. The country's customs regulations conform to French policies, so if you would like to find out more about import restrictions, prohibitions or duties we recommend that you contact Monaco For Finance. Unsure how to address your parcel from the UK to Monaco? Not a problem — we recommend you check out this useful guide from the Universal Postal Union.