Yacht and Ship Registration in San Marino

San Marino is a top-rated country, fully compliant, and it is OECD White-listed jurisdiction (https://oecd.org). Moreover, it’s the world’s oldest republic, has financial and political stability, a robust legal framework, and an advantageous tax regime.

San Marino Maritime Companies have a reduced tax rate of 3.4% on Net Profits for their first 10 years of operation (this could be extended for maximum another 3 years, totaling 13 years since inception).

Yes, it can.

It is only 5%.

It is 17% on net profits.

No VAT exists in San Marino. A San Marino Maritime Company has no VAT when doing business outside of San Marino, so it’s ideal for buying yachts and other maritime investments.

The respective company legislation permits both Natural Persons and Corporations (from anywhere in the world).

Both are necessary.

It is 25,500.00 euro, that need to be deposited into the company’s San Marino Bank Account during formation, and upon formation they can be withdrawn and used for various corporate purposes.

Yes.

Yes, for up to 90 days yearly, after notifying accordingly the Maritime Administration.

Yes, for up to 84 days yearly.

They are Rina, Bureau Veritas, Lloyd’s Turkish Lloyd, American Bureau of Shipping, DNV, China Classification Society, Class NK, Indian Register of Shipping, INSB Class, International Register of Shipping, TASNEEF, National Shipping Adjusters.

All certificates are permissible, no restrictions.

STCW II/2 master, CoC from other countries that have ratified the STCW Convention.

2 working days.

Every 5 years.