AbstractWe fix z0 ∈ ℂ and a field 𝔽 with ℂ ⊂ 𝔽 ⊂ 𝓜z0 := the field of germs of meromorphic functions at z0. We fix f1, …, fr ∈ 𝓜z0 and we consider the 𝔽-algebras S := 𝔽[f1, …, fr] and $\begin{array}{}
\overline S: = \mathbb F[f_1^{\pm 1},\ldots,f_r^{\pm 1}].
\end{array} $ We present the general properties of the semigroup rings$$\begin{array}{}
\displaystyle S^{hol}: = \mathbb F[f^{\mathbf a}: = f_1^{a_1}\cdots f_r^{a_r}: (a_1,\ldots,a_r)\in\mathbb N^r \text{ and }f^{\mathbf a}\text{ is holomorphic at }z_0],\\\overline S^{hol}: = \mathbb F[f^{\mathbf a}: = f_1^{a_1}\cdots f_r^{a_r}: (a_1,\ldots,a_r)\in\mathbb Z^r \text{ and }f^{\mathbf a}\text{ is holomorphic at }z_0],
\end{array} $$and we tackle in detail the case 𝔽 = 𝓜<1, the field of meromorphic functions of order < 1, and fj’s are meromorphic functions over ℂ of finite order with a finite number of zeros and poles.