San Marino Joint Stock Company

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