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Expand your global workforce in San Marino

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

Talent overview

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:

Teaching, Organic farming, Tour guide, Entrepreneur

Top local universities in San Marino

Uni1 41

Universita’ degli Studi di San Marino

RANKING

Local: 1

World : 5927

Top Local Job Boards:

Jobisland, MillionMakers

Number of LinkedIn users:

12,500

Top Recruitment Agencies:

Express Global Employment

Where to find talent

Top Local Job Boards:

Number of LinkedIn users:

Top Recruitment Agencies:

Salary Data

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

Employ in San Marino

Employing in San Marino

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.

Employee Contract

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.

Probation Period

The Act mandates probationary periods up to six months, after which the period is nullified.

Public and Provincial Holidays 2023

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

Employee Leaves

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 in

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Payroll cycle

San Marino follows a monthly payroll cycle.

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Minimum wage

The minimum wage in San Marino is EUR 9.24 per hour and EUR 1,501.48 per month.

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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.

How taxes work

Employer Payroll Tax

Contribution Tax rate
Social services 1%
Fondiss 2%
Pension 16.1%
Social security 4%
Family benefits 2.4%
Layoff 1.9%

Employee Payroll Tax

Contribution Tax rate
Fondiss 2%
Pension 5.4%
Layoff 0.5%
Trade unions 0.4%

Employee Income Tax

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%

VAT

San Marino has no standard rate for Value-Added Tax. Instead, the country charges 17% for “import tax” or “single-stage tax”.

Bonus

13th Month Pay

San Marino does not mandate 13th-month pay.

Employee Benefits

  • Social insurance
  • Pension
  • Social security
  • Paid leaves

Employee offboarding

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.

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Visa and
immigration

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.

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