The parent company is responsible for the business activities of the branch office. There is no minimum paid-up capital requirement for registration of a branch office in San Marino. Taxes are however to be filed every fiscal year just like any other business entity.

San Mario Branch Office Legal Requirements

San Mario BO

Corporate Details

General

  • Type of Entity

BO

  • Registered Office in San Mario

Yes

Share capital or equivalent

  • Standard currency

Euro

  • Permitted currencies

Any

  • Minimum Deposit

NA

Directors

  • Minimum number

NA

  • Corporate directorship allowed

NA

Shareholders

  • Minimum number

NA

  • Corporate shareholder allowed

NA

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

No

The San Mario Branch Office Tax Treatment

Corporate Tax of 17%

San Mario Branch Office Duration for Set up

Around 6 weeks

San Mario Branch Office Distinctive Benefits

  • San Mario Branch Office attracts a low corporate tax of 17%
  • There are no minimum capital requirements for San Mario Branch Office
  • There are no requirements for local directors or shareholder

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