What is San Marino law?

Since 2015, San Marino law has provided that, if the parties expressly agree, contracts and contractual relations between San Marino and foreign entrepreneurs, or between foreign entrepreneurs are governed by the principles of international commercial contracts drawn up by the International Institute for the Unification of Private Law.

Why should you invest in San Marino?

San Marino is characterised by a lively and heterogeneous economic fabric, which includes leading companies at international level. Investing in one’s own business in San Marino and competing on international markets is favored by a streamlined and dynamic regulatory and institutional context.

Does San Marino innovation need a prospectus?

In case of non-public offer of security tokens, the “Enriched” Whitepaper and Summary Note (no prospectus) is required. San Marino Innovation is the regulatory body of the sector: it has the power to impose specific requirements or request specific information to protect the user and the market. 9. Banking and financial system

How does San Marino promote the use of industrial property rights?

The Republic of San Marino promotes the use of industrial property rights and is characterised by favourable conditions for the development of industrial research and innovations.

Does San Marino need a reference market?

The progressive extension of reference markets is favoured also by the positive assessments on San Marino made by all major supranational bodies (International Monetary Fund, OECD, Moneyval, European Union), which confirm the levels of excellence achieved in terms of transparency and increase the attractiveness of the San Marino jurisdiction.

Does San Marino have a payment system?

Legislation on the collection of statistical data. As far as payment systems are concerned, all San Marino banks operate in international payment systems by using their own BIC (Bank Identifier Code) assigned by Swift (Society for Worldwide Interbank Financial Telecommunication).