Anyone, whether individual or corporate body, that wish to set up a business activity in San Marino must be qualified by a special licence issued by the Industry, Crafts and Trade Office, except for all farmers who sell their products on a seasonal basis on their farm and do not exercise sales activities relating to the products of others.
Newly-established companies whose partners didn’t run a business in San Marino in the previous year, and who hire an employee within 6 months (who could even be the administrator) and a second employee within 24 months, are exempt from the payment of the the license first-issue tax for the first three years of business activities.
Newly-established companies whose owners didn’t run a business in San Marino in the last year, and hire an employee within 6 months (who could even be the administrator) and a second employee within 24 months, are exempt from the payment of the license first-issue and renewal tax for the first 3 years of business activity, whose cost is indicated in the table.
|Enterprises / Companies||Issue||Renewal|
|Crafts,trade and industrial enterprise||€ 170||€ 80|
|General Partnerships, Limited Liability Companies, Joint-stock Companies and other forms of companies||€ 1700||€ 650|
|Insurance, Financial Companies||€ 2400||€ 2400|
|Bank Institutions||€ 4000||€ 3500|
|Associations and legal entities in general||€ 170||€ 80|