Rate
—
Duration
5 years
Prior non-residency
—
required before applying
Standard top income tax
35.0%
San Marino, without the regime
Overview
- Regime
- New company IGR reduction
- Country
- San Marino
- Type
- Percentage exemption
- Status
- Active
- Effective from
- Jan 1, 2014
- Expires on
- —
Details
- Summary
- 50% reduction of the proportional IGR rate for qualifying newly established companies for up to five tax periods.
- Eligibility
- New company or individual business; shareholders without a similar enterprise in the prior twelve months; hiring conditions under Legge 166/2013 art. 73 as amended.
- Benefits
- Halves the standard proportional IGR rate on business income (effective 9% when the headline rate is 18% in 2026–2030).
- Requirements
- At least one full-time employee within six months of licensing and a second within twenty-four months; maintain eligibility conditions.
- Limitations
- Cannot be cumulated with certain other investment incentives on the same assets; conditions verified by the economic-activities and tax offices.
- Income types covered
- Business and self-employment income taxed at proportional IGR rates
- Duration details
- Up to five tax periods (optional one-year deferral of start)
View source Legge 166/2013 art. 73; Legge 141/2025 art. 23