Anyone, whether individual or corporate body, that wants to set up a business in the Republic of San Marino must be qualified with 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.Download legal references in english language
All the economic activities organised in the form of enterprise are subject to a license issuing tax (only for the first year) and, in the subsequent years, to an annual license tax as well as to a processing charge that amounts to 350,00 euro.
Newly-established enterprises that fulfill Law N. 71/2013 and Law N. 115/2017, are not subject to the license issuing tax and to the subsequent renewals for the first three years of activity.
Business license fees
All the economic activities are subject to a license issuing and renewal tax according to the following chart. The registration fee is a tax applied to companies, to be paid on an annual basis also in case of license revocation.
|Enterprises / Companies||Issue||Renewal||Registration fees|
|Crafts, trade and industrial enterprises||€ 170||€ 80||–|
|General partnerships, Single-member companies||€ 1700||€ 650||€ 170|
|Limited liability companies||€ 1700||€ 650||€ 350|
|Joint-stock companies||€ 1700||€ 650||€ 500|
|Insurance, Financial Companies||€ 2400||€ 2400||€ 500|
|Bank institutions||€ 4000||€ 3500||€ 500|
|Associations and legal entities in general||€ 170||€ 80||–|