The San Marino SPA/PLC requires minimum paid-up capital of €77,000 to incorporate. The full amount must be deposited into a corporate bank account prior to incorporation of the company in San Marino. After business setup, it is possible to list the entity on a stock exchange, for instance on the Milan stock exchange.

San Marino Joint stock Company (PLC) Key Features

  1. Business formation requires minimum paid up capital of €77,000 for incorporation.
  2. Only one shareholder and one director is required for the incorporation process to be completed;
  3. Corporate Tax of 17%
  4. Corporate shareholding and directorship is allowed

San Marino Joint stock Company (PLC) Legal Requirements

San Mario Joint stock Company

Corporate Details

General

  • Type of Entity

PLC

  • Registered Office in San Mario

Yes

Share capital or equivalent

  • Standard currency

Euro

  • Permitted currencies

Any

  • Minimum Capital

€77,000

Directors

  • Minimum number

1

  • Local required

No

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

1

  • Corporate shareholder allowed

Yes

Company Secretary

  • Required

Yes

  • Local or qualified

Not required

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes

San Marino Joint stock Company (PLC) Tax Treatment

Corporate Tax of 17%

San Marino Joint stock Company (PLC) Duration of set up

Around 8 Weeks

San Marino Joint stock Company (PLC) Distinctive Benefits

  1. Limited Liability
  2. Capacity to Gain Revenue
  3. Separate Legal Personality
  4. Protected assets
  5. Perpetual Existence

The Valsen Advantage

  1. End to end comprehensive service
  2. Speedy and efficient service
  3. Expert advice on structuring options
  4. Dedicated ongoing compliance support
  5. Extensive network pool of service providers