Europe · EUR
San Marino
Reviewed 2026-06-21
Top income tax
35%
Self-employed SS
Yes
VAT
17%
Capital gains
0%
Exit tax
No
Nomad visa
No
58
/ 100
Tax efficiency45
Ease to enter57
Ease to exit93
Cost of living50
Internet50
English25
San Marino is a small European microstate inside Italy that taxes residents on worldwide income under a single tax called IGR, with a progressive personal scale running from 9% up to 35% and a flat 17% corporate rate that drops to 8.5% for new businesses in their first five years. It has no VAT but instead applies a 17% single-stage import tax, and it does not tax capital gains on share disposals or levy inheritance, wealth, or exit taxes. Solopreneurs can also use the atypical non-dom residence regime, which substitutes a 7% flat tax on foreign-source income subject to an annual minimum.
Personal income tax
Income tax structureProgressive
Top income tax rate35%
Entry income tax rate9%
Top rate threshold$87,000
Taxation basisWorldwide
Local/state income taxNo
Social security
Self-employed social securityYes
Employee SS rate9%
Employer SS rate27%
Indirect & other taxes
VAT standard rate17%
Capital gains rate0%
Long-hold CGT exemptionNo
Wealth taxNo
Inheritance/gift taxNo
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate17%
WHT on dividends5%
CFC rulesNo
Incentives & special regimes
Special expat regimeYes
Expat regime nameAtypical (non-domiciled) tax residence: 7% substitute tax on foreign income, min EUR 10,000
Immigration & setup
Digital nomad visaNo
Entrepreneur visaYes
Lifestyle
English proficiencyLow
Civil liberties97
Sources
- Chamber of Commerce of San Marino — Doing Business: Favourable Taxation
- Chamber of Commerce of San Marino — Country Profile 2025 (tax system, IGR brackets, single-stage tax, social contributions)
- OECD — San Marino: Information on Residency for Tax Purposes (AEOI)
- US SSA — Social Security Programs Throughout the World: Europe 2018, San Marino
Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.