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SAN MARINO

We have a team of professionals to help you with all your business needs, so that you can focus on business expansion in San Marino.

WHY SAN MARINO?

San Marino is a landlocked microstate surrounded by Italy, recognized as one of the world's oldest republics. Despite its small size, it offers a stable political environment, a high-income economy, and a strategic location in Southern Europe. With proximity to major Italian cities and access to Mediterranean markets, San Marino is ideal for businesses seeking European exposure without being part of the European Union. Key industries include tourism, finance, manufacturing, and banking. The country's investor-friendly tax system and strong legal framework make it an attractive hub for international businesses.

ADVANTAGES​

Strategic European Location :

Located within Italy, offering easy access to key European markets.

Political Stability :

Strong governance backed by centuries-old republican traditions.

Attractive Tax System :

Competitive corporate and personal tax rates with various incentives.

Transparent Regulatory Framework

Simplified procedures for company registration and operations.

Reliable Financial Sector

Internationally compliant banking and financial services for businesses.

SIMPLE TAX REGIME​

San Marino offers a streamlined tax system that supports both local entrepreneurs and foreign investors. It includes income taxes, VAT, and various incentives tailored to specific sectors.

SIMPLE TAX REGIME

TAX SLABS :

San Marino has progressive tax slabs for individuals and a standard corporate tax rate, making it easier for businesses to forecast and manage their tax obligations.

INCOME TAX RATES :

San Marino applies a progressive personal income tax, ranging from approximately 9% to 35%, depending on income level. Residents are taxed primarily on local income.

UNIFIED INCOME TAX RATES :

Individual income is taxed under a unified system that includes deductions for dependents, housing, and other eligible expenses. The tax regime is designed to encourage both residency and domestic spending.

CORPORATE TAX RATES

The standard corporate income tax (IRES) rate is 17%, which is competitive within the European region. New and innovative companies may be eligible for tax reductions or exemptions under investment promotion schemes.

SAN MARINO COMPANIES

Several legal structures are available for setting up a business in San Marino:

  • Società a ResponsabilitàLimitata (S.r.l.) – The most common business form; a limited liability company ideal for SMEs.
  • Società per Azioni (S.p.A.) – A joint-stock company structure for larger businesses, allowing public share issuance.
  • Società in Nome Collettivo (S.n.c.) – A general partnership where all partners share unlimited liability.
  • Società in Accomandita Semplice (S.a.s.) – A limited partnership with both general and limited partners.
  • Sole Proprietorship – A simple structure for individuals operating small businesses or freelance services.
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San Marino business

Contact Us​

Get in touch with the right people to get the right help in setting up your business in
San Marino .  

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About Us

Chandrawat & Partners stands as a dynamic and rapidly expanding full-service firm, specializing in the delivery of exceptional professional and corporate services to a diverse clientele, both foreign and local. We proudly represent companies and individuals across a wide spectrum of sectors through distinct entities established in various countries worldwide.

About Us

Chandrawat & Partners stands as a dynamic and rapidly expanding full-service firm, specializing in the delivery of exceptional professional and corporate services to a diverse clientele, both foreign and local. We proudly represent companies and individuals across a wide spectrum of sectors through distinct entities established in various countries worldwide.

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