Accounting and tax in 2024

San Marino tax

  1. The San Marino tax system is quite simple and investor-friendly. Corporate tax is levied at 17% for all companies;
  2. Shareholders are entitled to total profits at no additional taxation;
  3. Investors pay social security contributions tax as employers at 26.1%;
  4. Tax levied on interest income is at 13%;
  5. Environmental and circulation taxes are charged at €18 and €50 respectively while fuel is taxed at 21%;
  6. There is no VAT system in San Marino but instead they have indirect tax known as monofase whereby the investor pays a one-off tax of 17% at the time of importation;
  7. Capital gains tax is levied at 17%;
  8. Filing of tax returns is carried out every fiscal year;
  9. It is important our Clients’ are aware of their personal and corporate tax obligations in their country of residence and domicile; and they will fulfill those obligations annually. Let us know if you need Healy Consultants’ help to clarify your annual reporting obligations.

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For additional information on our accounting and tax services in San Marino, please contact our in-house country expert, Mr. Seth Ochieng, directly:
Director of Client Engagements - Seth
  • Mr. Seth Ochieng
  • Senior Manager, Client Relations
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