Signed on 27 September 2024, this is the first income tax treaty between the two jurisdictions. 

The income and capital tax treaty between Kuwait and San Marino entered into force on 14 May 2025.

Signed on 27 September 2024, this is the first income tax treaty between the two jurisdictions and aims to eliminate double taxation and enhance economic ties between Kuwait and San Marino.

Key provisions include the elimination of withholding taxes on dividends and interest, both set at 0%, while royalties are subject to a 10% withholding tax.

The treaty applies from 1 January 2026 for withholding and other taxes.

Earlier, San Marino ratified its tax treaty with Kuwait on 29 April 2025.