Monaco has issued Ministerial Decree No. 2017-157 of 13 March 2017, which updates the principality's VAT registration thresholds: For goods, the annual threshold is EUR 82,200; For services, the annual threshold is EUR 33,100; and For specified activities of lawyers and solicitors and intellectual property transactions, the annual threshold is EUR 42,900. The thresholds are effective from 1 January 2017.