This is the most common type of business entity in San Marino. Business formation requires minimum paid up capital of €12,750 for incorporation. Only one shareholder and one director is required for the incorporation process to be completed;

San Marino limited liability company (SRL) Key Features

  1. Business formation requires minimum paid up capital of €12,750 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 limited liability company (SRL) Legal Requirements

San Mario Limited Liability Company

Corporate Details

General

  • Type of Entity

LLC

  • Registered Office in San Mario

Yes

Share capital or equivalent

  • Standard currency

Euro

  • Permitted currencies

Any

  • Minimum Capital

€12,750

Yes

  • No par value shares allowed

Yes

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 limited liability company (SRL) Tax Treatment

Corporate Tax of 17%

San Marino limited liability company (SRL) Duration of set up

Around 6 Weeks

San Marino limited liability company (SRL) 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