San Marino has published Delegated Decree no. 101 of 30 June 2023, which establishes an incentive regime for the establishment of new maritime companies in San Marino to carry out the maritime transport of people and things or other maritime commercial activities. The incentives include:
- An exemption from paying the initial licensing fee;
- An exemption from paying the annual license fee for three years;
- A reduction in corporate income tax (IGR) rate to 80% of the normal rate for 10 years (i.…