Company registration in San Marino

Company registration in San Marino

1. Monitoring of the company name for the lack of repetition.
2. Составление Устава, разработка учредительного договора.
3. Introduction of the amount of state fee.
4. Transfer of documents to the registration office.
5. Registration of a legal address.

Taxation

There is no value added tax in the tax system of San Marino. Legal entities are subject to a 17% profit tax or work in a simplified scheme - 6,5%. There is no tax for offshore companies.

Annual reporting and audit

International companies are not required to maintain accounting records. The owner can determine himself the need to register an annual report and order an audit of the financial state.

Types of companies

The following types of international companies are registered in San Marino:

• joint-stock companies;
• international commercial companies.

Joint-stock companies are divided into 2 types - public companies S.A. and S.P.A. When registering international companies, the minimum amount of the authorized capital is not determined. The amount of the authorized capital can be introduced gradually - the first half is paid within 60 days, the second - for 36 months from the moment of registration. The availability of one shareholder obliges the company to contribute the entire amount of the authorized capital not later than 60 days after registration.