Discover global hiring strategies from leading recruitment platforms
Learn more
Speed up your global expansion! Expand smartly in 150+ countries with the #1 rated EOR globally.
Explore Multiplier EOR
Your guide to the employment landscape, working customs and local labor laws in San Marino.
Capital
San Marino City
Currency
Euro
Languages
Italian
GDP per Capita
$54,982
Employer Tax
27.4%
Payroll Frequency
Monthly
San Marino’s economy is dependent on banking and tourism as its manufacturing and agricultural sectors are in their foundation stage. Italy is the country’s main trading partner, as it is responsible for 80% of their exports. In 2020, San Marino recorded a GDP of USD 1.54 billion and a GDP growth rate of -6.6%.
Major economic hubs:
San Marino City, Domagnano, Faetano
Skills in demand:
12,500
Top Local Job Boards:
Top Local Job Boards
Number of LinkedIn users:
Number of LinkedIn users
Top Recruitment Agencies:
Some common jobs with average monthly salary in San Marino are:
Job Title | Average Monthly Salary (in EUR) | Average Monthly Salary (in USD) |
Financial Manager | 8,350 EUR | 8,959.70 USD |
General Manager | 7,730 EUR | 8,294.43 USD |
Business Development Manager | 6,900 EUR | 7,403.82 USD |
Financial Analyst | 5,560 EUR | 5,965.98 USD |
Business Analyst | 5,440 EUR | 5,837.22 USD |
Project Manager | 5,580 EUR | 5,987.44 USD |
The Protection of Labour Act, 1949 regulates the employer-employee relationship in San Marino. The goal of the act is to promote equality and social justice to all productive forces. The sections below cover major aspects of the Act, which all employers and employees in the country must know.
Every employment contract and collective agreement in San Marino must be in Italian and should provide details on compensation, working hours, rest periods, job profile, and the termination process.
The Act mandates probationary periods up to six months, after which the period is nullified.
Date | Name | Type |
1 Jan | New Year’s Day | National holiday |
6 Jan | Epiphany | National holiday |
5 Feb | Feast of St Agatha | National holiday |
25 Mar | Anniversary of the Arengo | National holiday |
1 Apr | Investiture Ceremony of the Captains Regent 1 | National holiday |
9 Apr | Easter Sunday | National holiday |
10 Apr | Easter Monday | National holiday |
1 May | Labour Day/May Day | National holiday |
8 Jun | Corpus Christi | National holiday |
28 Jul | Anniversary of the Fall of the Fascist Government | National holiday |
15 Aug | Assumption of Mary | National holiday |
3 Sep | The Feast of St Marinus and Republic Day | National holiday |
1 Oct | Investiture Ceremony of the Captains Regent 2 | National holiday |
1 Nov | All Saints’ Day | National holiday |
2 Nov | All Souls’ Day | National holiday |
8 Dec | Feast of the Immaculate Conception | National holiday |
25 Dec | Christmas Day | National holiday |
26 Dec | Boxing Day | National holiday |
Type of Leave | Time Period | Mandatory |
Annual leaves | 26 days | Yes |
Maternity leaves | 20 weeks (12 weeks before childbirth and 8 weeks after childbirth) | Yes |
Leave Compliance
Payroll cycle
San Marino follows a monthly payroll cycle.
Minimum wage
The minimum wage in San Marino is EUR 9.24 per hour and EUR 1,501.48 per month.
Overtime pay
The standard working hours in San Marino are 8 hours a day and 48 hours a week. If employers want their staff to commit additional hours for work, they must pay overtime pay of 135% for night work and 126.3% for regular timing. In any case, the overtime hours must not exceed 2 hours per day and 72 hours per week.
Contribution | Tax rate |
Social services | 1% |
Fondiss | 2% |
Pension | 16.1% |
Social security | 4% |
Family benefits | 2.4% |
Layoff | 1.9% |
Contribution | Tax rate |
Fondiss | 2% |
Pension | 5.4% |
Layoff | 0.5% |
Trade unions | 0.4% |
Income brackets (in Euros) | Tax rate |
Up to 10,000 | 9% |
10,001 – 18,000 | 13% |
18,001 – 28,000 | 17% |
28,001 – 38,000 | 21% |
38,001 – 50,000 | 25% |
50,001 – 65,000 | 28% |
65,001 – 80,000 | 31% |
More than 80,000 | 35% |
San Marino has no standard rate for Value-Added Tax. Instead, the country charges 17% for “import tax” or “single-stage tax”.
San Marino does not mandate 13th-month pay.
Employees under fixed-term contracts are terminated when their contract expires. Staff on indefinite contracts must be given a written notice and all standing dues shall be cleared before terminating in case of a just cause (theft, violation of contract, misconduct, or redundancy)
The notice period of employees specified on their employment contract or collective agreement is considered legal and mandatory.
The severance pay in San Marino is usually the total of wages during the notice period, all bonuses, and other withstanding payments.
San Marino is not a member of the European Union. Since the country is only accessible via Italy, it follows a Schengen Area visa policy like the former. Working professionals require a visa to visit business events and work in the country. The professional must submit a host of paperwork and await processing to get the relevant permission.
Expand globally and hire talent in 150+ countries without having to set up an entity. Use Multiplier's Employer of Record to manage the complete employee experience while having the flexibility to enter new markets.
Overtime Pay
Minimum Wage
Overtime Pay
Visa and Immigration
By use case
By team
By company size