Monaco Economic Board
Monaco Economic Board is Monaco's official Chamber of Commerce and operational arm of the Princely Government, serving 630+ member businesses with international trade formalities (ATA Carnets, certificates of origin), two-tier membership subscriptions, and ~50 networking events and economic missions annually across a 150-country diplomatic network.
- Company typePrivate
- Founded1999
- HeadquartersMonaco, Germany
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Monaco Economic Board does
Monaco Economic Board (MEB) is the official Chamber of Commerce of the Principality of Monaco, constituted as an independent association under Monaco law and recognized as the Monegasque National Committee within the International Chamber of Commerce. It operates as the operational arm of the Princely Government for economic development, serving over 630 member organizations across every sector of the Monegasque economy — from financial activities and international trading to SMEs, fintech, aviation, and pharmaceuticals. MEB is undergoing a statutory transformation into the Chambre de Commerce de Monaco, with an Extraordinary General Meeting scheduled for October 5, 2026 to formalize the new institutional mandate.
MEB's core technology centers on the GEFI (Gestion Electronique des Formalités Internationales) portal, administered by the Paris Chamber of Commerce under the Monaco-France customs union, which processes international trade documents including the ATA Carnet (now digitized as e-Carnet ATA from June 1, 2026 with QR code presentation and real-time tracking), certificates of origin, EUR1 forms, and document legalization. A dedicated members' mobile application and an Economic Intelligence Unit (producing sectoral studies and strategic monitoring reports) have been announced as part of the Chamber's evolution.
MEB monetizes through a two-tier subscription model — Classic membership at €700/year and Premium at €1,400/year (65+ Premium members) — plus transactional fees from international formalities services (€1 per trade form, €50 for the Incoterms 2020 guide). Ancillary revenue includes event sponsorships (e.g., EFG Bank Monaco supports outlook conferences featuring economists like Christophe Barraud), partnership media collaborations with Radio Monaco, Riviera Radio, and Nice-Matin Group, and likely governmental operating support. The organization runs approximately 50 events per year including quarterly Rendez-vous des Adhérents (~300 leaders), economic missions abroad, and B2B matchmaking sessions, with published member outcomes of 100+ meetings per session and one member reporting €16 of revenue per €1 spent on MEB.
Monaco Economic Board firmographics
Firmographics- Name
- Monaco Economic Board
- Legal name
- Monaco Economic Board (MEB)
- Website
- https://meb.mc
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Monaco Economic Board is Monaco's official Chamber of Commerce and operational arm of the Princely Government, serving 630+ member businesses with international trade formalities (ATA Carnets, certificates of origin), two-tier membership subscriptions, and ~50 networking events and economic missions annually across a 150-country diplomatic network.
- Ownership category
- akta.pro rank
Monaco Economic Board industry classification
Industry- Product category
- Chamber of Commerce Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- International Affairs (9721)
- akta.pro primary industry
- Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF)
Keywords
Where Monaco Economic Board is headquartered
LocationHeadquarters
- HQ city
- Monaco
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Monaco Economic Board business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Classic Membership: Annual membership fee granting access to networking events, conferences, B2B sessions, delegation receptions, radio show appearances, newsletter visibility, and international formalities services.
- Premium Membership: Enhanced annual membership (€1,400) offering all Classic benefits plus: up to 5 participants per event, priority registration, exclusive annual Premium event, priority partner invitations, premium company page, Monaco Monsieur Madame magazine subscription, and communication team media support.
- International Formalities Services: Processing fees for ATA carnets, certificates of origin, EUR1 forms, document legalisation, and signature deposits through GEFI portal. Related Incoterms 2020 guide sales at €50.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Classic annual membership for Monaco businesses |
| Subscription | Annual | Premium annual membership with enhanced benefits |
| Unit Pricing | Pay-as-you-go | Printed forms for international trade |
Go-to-market motion4 records
Distribution channels3 records
Marketing channels6 records
Monaco Economic Board product offering
Product offeringCore offering
Monaco Economic Board (MEB) operates as Monaco's Chamber of Commerce, offering membership-based business networking (Classic at €700/year and Premium at €1,400/year), B2B matchmaking sessions, economic missions abroad, and international trade formalities services including ATA Carnets/e-Carnet ATA, certificates of origin, EUR1 forms, document legalization, and trade printed forms processed via the GEFI digital portal.
Product overview
Monaco Economic Board (MEB) is Monaco's Chamber of Commerce offering a comprehensive suite of services for businesses. The core offerings include international trade formalities (ATA Carnet/e-Carnet ATA, Certificate of Origin, EUR1, Document Legalisation, and trade forms) processed via the GEFI portal, and membership programs (Classic at €700/year and Premium at €1,400/year with enhanced benefits). The organization facilitates business development through networking events (quarterly Rendez-vous des Adhérents with ~300 leaders), B2B matchmaking sessions, and economic missions abroad. Member communication tools include radio broadcasts on Radio Monaco and Riviera Radio, three newsletter types, and a video library. The organization also operates Club Eco Monaco for economic discussions and MEBinaire webinars for international market insights. A dedicated members mobile application and economic intelligence unit were announced for the future Chamber of Commerce.
Differentiator
Problem solved
Functional benefit
Products and services
- Classic Membership Standard annual membership (€700/year) for Monaco-based organizations authorized to exercise professional activity in Monaco. Provides access to networking events (up to 2 persons per event), conferences, B2B sessions, foreign delegation receptions, radio show appearances, newsletter visibility, and international formalities services.
- Premium Membership Enhanced annual membership (€1,400/year) for Monaco businesses seeking greater visibility. Includes all Classic benefits plus: up to 5 participants per event, priority registration, exclusive annual Premium event, priority partner invitations, premium company page on website with dedicated news page, Monaco Monsieur Madame magazine subscription, and communication team media support.
- ATA Carnet / e-Carnet ATA International customs document serving as a passport for temporary exports of goods for fairs, exhibitions, collections, equipment demonstrations, or filming. Exempts payment of duties and taxes and replaces border declarations. Processed via the GEFI digital portal in partnership with the Paris Chamber of Commerce.
- Certificate of Origin Document proving the origin of goods to satisfy customs or commercial requirements, certified and validated by MEB through the GEFI portal.
- EUR1 Certificate Proof of origin certificate enabling shipment of goods from the EU to countries with preferential agreements, allowing reduced or waived customs duties. Processed via the GEFI portal.
- Document Legalisation Service proving authenticity of commercial documents for export through signature certification via the GEFI portal.
- International Trade Forms (EUR.2, EUR MED, A.TR.1/3) Printed forms for various formalities related to goods transport, priced at €1 per form (EUR.2, EUR MED, A.TR.1/3), with progressive dematerialization planned.
- Networking Events (Rendez-vous des Adhérents) Quarterly cocktail networking events bringing together approximately 300 business leaders for relationship building and business development. The 57th Members' Meeting in June 2026 welcomed over 350 decision-makers.
- B2B Matchmaking Sessions Timed one-on-one business meetings between members, organized in structured sessions to generate face-to-face professional encounters. Doubled to twice annually; the May 2025 session brought together over 80 decision-makers from around 60 companies, generating over 100 professional meetings.
- Economic Missions Abroad International business missions organized to nearby and distant destinations, including targeted B2B meetings, networking events, and economic/cultural visits. Planned missions include Montenegro (October 2026) and Hong Kong/Shenzhen/Macao (November 2026).
- Club Eco Monaco Economic discussion club organized jointly with Nice-Matin Group, featuring conferences on economic topics of interest to Monaco's business community, including FATF compliance, macroeconomic trends, and includes Club Eco Monaco Awards ceremony.
- MEBinaire Webinars Exclusive webinar series organized with partners such as Club des Entrepreneurs Monégasques en Afrique (CEMA) to discuss international market opportunities and economic intelligence.
- Incoterms 2020 Guide Bilingual (French/English) reference publication edited by ICC covering responsibilities, cost allocation, risk transfer points, and required documents in international sales. Available at €50 (MEB preferential rate).
Quantifiable outcome
- €1 invested = €16 revenue generated (1,600% ROI) for member companies
- +2 more outcomes
Companies that use Monaco Economic Board
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Monaco Economic Board technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Monaco Economic Board partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core and minor.
- Etablissement Public du Commerce et de l'Industrie de CorsecoreMEB will sign protocol of agreement at Monaco Business trade fair, creating cooperation framework between Monaco and Corsican chambers of commerce.
- Ljubljana Chamber of CommerceminorProtocol of agreement to be signed in Slovenia during Invest Monaco mission.
- International Chamber of Commerce (ICC)coreMEB constitutes the Monegasque National Committee within ICC. ICC is the world's foremost business organization representing 45+ million companies in 100+ countries. ICC houses the World Chambers Federation for chamber-to-chamber collaboration.
- Chambre de Commerce de Paris (CCI Paris)coreCCI Paris administers the GEFI (Gestion Electronique des Formalités Internationales) portal used by MEB for international trade document processing. Monaco and French territories form a customs union.
- Club des Entrepreneurs Monégasques en Afrique (CEMA)coreJoint MEBinaire series on African markets, particularly Guinea. CEMA directed by Frédéric Geerts and Patrick Lecoy. Focus on investment opportunities and business development in Africa.
- Radio MonacocoreWeekly radio show featuring MEB member companies and economic news. Interviews by CEO Guillaume Rose.
- Riviera RadiocoreEnglish-language weekly radio show featuring MEB member companies and economic news. Interviews by Deputy CEO Justin Highman.
- Nice-Matin GroupcoreJoint Club Eco Monaco conference series covering economic topics including FATF compliance, trade, and Monaco business themes. Combined reach with regional media partner.
- EFG Bank MonacominorSupported Christophe Barraud global economic outlook conference. Part of broader financial sector engagement with MEB events.
- MonacoTech AcceleratorcoreMonaco's startup accelerator. MEB collaborates on economic missions and has facilitated Swiss startup GaiaTech integration into MonacoTech ecosystem. Physical venue for Swiss delegation roadshow.
- Chambre de Commerce et d'Industrie France SuisseminorSwiss chamber participated in Monaco roadshow concluding France-Switzerland roadshow series (Strasbourg, Lyon, Paris, Marseille, Monaco).
- Ambassade Suisse en France et Monaco / Consulat de Suisse à MonacocoreSwiss Embassy and Consulate collaborated on economic opportunities roadshow, with networking dinner hosted by Swiss authorities.
- Chambre de Commerce du MonténégrominorCollaboration for October 2026 economic mission to Montenegro (Podgorica and Porto Montenegro) with support from Consulate of Montenegro in Monaco.
- Guinea Development Board (GDB)minorJoint MEBinaire with CEMA featuring GDB representatives Namory Camara and M'Bemba Sylla presenting Guinea's 'Simandou 2040' program and $200B investment opportunities.
- Ambassade de Monaco en ChinecoreUnder aegis of Monaco Embassy in China, MEB organizing November 2026 economic mission to Hong Kong, Macao, and Shenzhen. Embassy enables participation in China International Import Expo 'Monaco Pavilion'.
- Invest MonacocoreInvest Monaco (formerly Attractiveness Unit, expanding missions) collaborates with MEB on economic missions, including China mission and Ljubljana protocol signing. Part of 'Team Monaco'.
- Fédération pour le Développement Économique et le Commerce Extérieur (BWA) - AllemagneminorGerman delegation from BWA (Federal Association for Economic Development and Foreign Trade) visiting Monaco October 9, 2026 under Monaco Embassy in Germany auspices.
- Institut Monégasque de la Statistique et des Etudes Economiques (IMSEE)coreMEB hosts annual economic review by IMSEE presenting Monaco's key economic indicators. eMag newsletter includes IMSEE statistics. Joint Monaco en Chiffres publication coverage.
- Groupe Nice-MatincoreRegional media partner for Club Eco Monaco conference series. Nice-Matin journalist Baptiste Bize moderates discussions on Monaco economic topics including FATF compliance.
- Monaco Chamber of Digital (Chambre Monégasque du Numérique)minorJoint cybersecurity conference planned for October 6, 2026 at Yacht Club de Monaco addressing major cybersecurity challenges for Monegasque businesses.
Scale indicators9 records
Recent moves9 records
Expansion highlights7 records
Monaco Economic Board competitors and assessment
Company assessmentOthers
- Bpifrance: French public investment bank supporting SME export development, innovation, and internationalization. Provides an adjacent enabling role (SME export finance and guarantees) - thematically related to MEB's trade facilitation mission rather than a direct competing chamber.
- MonacoTech: Monaco's startup accelerator under 'Team Monaco' that collaborates with MEB on economic missions and Swiss delegation roadshows. Adjacent economic-development infrastructure focused on startups rather than trade formalities - thematically related rather than directly competitive.
Broad incumbents
- International Chamber of Commerce (ICC): The ICC represents 45+ million companies in 100+ countries and houses the World Chambers Federation. MEB constitutes the Monegasque National Committee within ICC, making the ICC the institutional umbrella and the closest broad-incumbent analogue for a national chamber-of-commerce network.
- Business France: France's national trade promotion agency supporting French exporters abroad with trade missions, market intelligence, and introductions. Operates as a much larger broad incumbent with an overlapping mission to MEB's market access and international development services for Monegasque firms.
Regional players
- Luxembourg Chamber of Commerce: Chamber representing Luxembourg businesses and providing trade formalities and B2B networking services. A regional peer similar in national-scale to MEB, with comparable trade documentation, export support, and chamber membership offerings for a small advanced economy.
- Chamber of Commerce and Industry of Slovenia (GZS): Slovenian national chamber that recently signed a cooperation protocol with MEB for an Invest Monaco-led mission to Ljubljana. Comparable in scale and in offering trade formalities (ATA Carnets, EUR1 equivalents) plus business networking, but serving a different national market.
Direct peers
- CCI Paris Île-de-France: The Paris regional chamber of commerce is MEB's direct counterpart and technology partner on the GEFI portal that processes international trade documents. Both issue ATA Carnets, certificates of origin, and EUR1 forms - functionally the same trade facilitation business across the Monaco/French customs union.
- London Chamber of Commerce and Industry (LCCI): UK's principal chamber issuing ATA Carnets and providing international trade document services alongside B2B networking. Directly comparable to MEB in the trade formalities business and in serving as a primary chamber for its jurisdiction's exporters.
- Invest Monaco: Monaco's investment attraction and economic development agency, part of 'Team Monaco' alongside MEB. Direct peer for promoting Monaco as a business destination, co-organizing economic missions (China, Slovenia), and connecting Monegasque firms to international opportunities.
- FEDEM - Fédération des Entreprises Monégasques: Monegasque federation of enterprises representing the same private-sector business community MEB serves. Partner organization with seat on the MEB Board (represented by Gilles Lenzlinger), with overlapping representation, advocacy, and member-event functions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Monaco Economic Board social profiles
Digital presenceMonaco Economic Board financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monaco Economic Board leadership team
Management profileNumber of profiles
Profiles11 records
Monaco Economic Board funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monaco Economic Board M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monaco Economic Board
What does Monaco Economic Board do?
Monaco Economic Board (MEB) operates as Monaco's Chamber of Commerce, offering membership-based business networking (Classic at €700/year and Premium at €1,400/year), B2B matchmaking sessions, economic missions abroad, and international trade formalities services including ATA Carnets/e-Carnet ATA, certificates of origin, EUR1 forms, document legalization, and trade printed forms processed via the GEFI digital portal.
Is Monaco Economic Board a public or private company?
Monaco Economic Board is a private company. It is classified as state government owned and is currently operating.
When was Monaco Economic Board founded?
Monaco Economic Board was founded in 1999. It employs 1 to 10 people.
Where is Monaco Economic Board based?
Monaco Economic Board is headquartered in Monaco, Germany, in the Europe region.
How does Monaco Economic Board make money?
Three revenue lines are on record. Classic Membership is the primary driver. The others are premium Membership and international Formalities Services.
Who are Monaco Economic Board's main competitors?
Others on record are Bpifrance and MonacoTech. Broad incumbents are International Chamber of Commerce (ICC) and Business France. Regional players are Luxembourg Chamber of Commerce and Chamber of Commerce and Industry of Slovenia (GZS). Direct peers are CCI Paris Île-de-France, London Chamber of Commerce and Industry (LCCI), Invest Monaco and FEDEM - Fédération des Entreprises Monégasques.
Does Monaco Economic Board have an API?
No public API is recorded for Monaco Economic Board.
What industry is Monaco Economic Board in?
Monaco Economic Board's product category is Chamber of Commerce Services. Its primary akta.pro industry code is BPADACAF, Export Credit Agencies (ECAs) & Trade Finance Institutions. Its NAICS code is 522320 and its SIC code is 9721.