San Marino
Vat Registration Thresholds No threshold; mandatory registration for businesses performing taxable supplies.
Vat Rates Standard rate of 17%, with reduced rates for certain goods (e.g., 5% for basic foods).
Vat Registration Process Businesses must apply to the San Marino Tax Office for registration, and can also register online.
Taxable Transactions Goods and services sold within San Marino and services rendered to EU businesses.
Registration Exceptions Exemptions for small businesses, including those under a specific turnover threshold.
Vat Filing Frequency VAT returns must be filed quarterly, with an annual return option for very small businesses.
Intra Community Transactions San Marino applies VAT to transactions within its own borders and to EU countries, following similar rules to Italy.
Exemption Schemes Exemption schemes available for small businesses under the VAT threshold.