San Marino is one of the few Countries worldwide to have adopted a law that regulates e-commerce which, issued in 2013, has liberalised numerous businesses that in the past, although plied online or though other communication systems, required a retail trading license whose holders have to be individuals who live in the Republic of San Marino representing the majority of the majority capital.
Therefore, the good news is that starting from 2013 also those who do not live in San Marino can start their own online retail business, by means of TV selling (telemarketing), or by telephone, fax or any other means of electronic communication without requiring any majority shareholder resident in San Marino.
The e-commerce license can be either exclusive (if the business sells its products and services using e-commerce) or related to another type of license in the form of an “extension”.
A summary of the basic aspects of the law is presented in the following paragraphs.
Forms of electronic commerce and relative licences
By electronic commerce we mean any commercial businesses selling any products and services by means of electronic communications. The electronic presentation of the products resulting in no transactions do not fall in the above definition.
Electronic commerce can be plied in the following ways:
Registration of the electronic commerce operator
In order for the e-commerce business to be performed, this must be formally recorded in the e-commerce business register, including:
E-commerce activities can be plied in the form of: