INTERNATIONAL AGREEMENTS AND RELATIONS
THE WORLD, EUROPE AND ITALY
San Marino maintains official relations with 154 countries and is a member State of the major International Organisations, such as the United Nations and the Council of Europe.
The relations with the European Union are based on a Cooperation and Customs Union Agreement in force since 2002.
The Monetary Agreement with the European Union grants the Republic of San Marino the right to use the Euro as its official currency.San Marino is included in the Single Euro Payments Area – SEPA.
Negotiations are under way with the European Commission for the entry into an Association Agreement with the EU.
Of strategic importance are the institutional, economic, social and cultural relations with the Italian Republic, with which numerous bilateral agreements are in force, including the essential Convention of Friendship and Good Neighbourhood of 1939 and subsequent amendments, Double Taxation Agreement (DTA) of 2002 and the relevant Amending Protocol of 2012 and the Economic Cooperation Agreement of 2009.
Current agreements in force in the economic, financial and tax fields include:
San Marino has received the highest OECD (compliant) acknowledgement for international tax co-operation and has been recognised as a “Fully cooperative jurisdiction for tax purposes” by the Economic and Financial Affairs Council (ECOFIN) of the European Union, a decision based on compliance with the criteria of fiscal transparency, of fair taxation and in the application of OECD measures.
In October 2015, San Marino also signed the Inter-governmental Agreement FATCA – Foreign Account Tax Compliance Act with the United States of America (IGA-Model 2).
It joined the Group of States of the Council of Europe against Corruption (GRECO) in 2010 and the Moneyval (Committee of Experts on the Evaluation of Anti-Money Laundering Measures).
It has implemented the European standards of the EU General Data Protection Regulation 2016/679.
The Republic of San Marino is part of UNIDROIT – International Institute for the Unification of Private Law.
DOING BUSINESS, WORKING
AND LIVING IN SAN MARINO:
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