SAM (Société Anonyme Monégasque) — Glossary

Societe Anonyme Monegasque: a joint-stock company under Monegasque law, broadly equivalent to a public limited company or corporation.

The SAM is the most common corporate structure for larger businesses in Monaco. It requires a minimum share capital and at least two shareholders. Creating a SAM requires prior ministerial authorisation, which distinguishes it from equivalent structures in other countries. The articles of association must be approved by the Princely Government before the company can operate.