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Doing business in Italy

If you are interested in doing business in Italy, we suggest you visit the following websites:

InvestinItaly.gov.it, the new English-language portal that presents the main investment opportunities in Italy in 13 strategic sectors, providing information on incentives and fulfillment for the acquisition of more than 250 industrial sites immediately available to investors.

Investor Visa for Italy is a two-year visa for non-EU citizens investing in strategic assets for Italy, extendable for another three years while maintaining the investment. This visa is an ideal opportunity to settle in Italy on a tax-advantaged basis, paying a fixed amount of tax regardless of income. Minimum investment requirements:

  • 2 million euros in government bonds with a minimum maturity of two years
  • 500 thousand euros in a corporation
  • 250 thousand euros in an innovative start-up company
  • 1 million euros in philanthropic donations for public interest projects

Italia Startup Visa, the portal maintained by the Ministry of Economic Development and the Ministry of Foreign Affairs and International Cooperation dedicated to the Italian government’s policies to attract innovative entrepreneurs from around the world.

The Italian Trade Agency (ITA) allows for immediate access to all information regarding the Italian market in the business language of foreign traders. In particular, the “Invest in Italy” page contains comprehensive information on investment climate reforms and business opportunities in Italy. Acquiring information regarding the Italian market and business opportunities with Italy is the first step foreign operators must take in order to identify areas and forms of investment in Italy. An office is present in Jakarta.

The website of the Italian Exhibition & Trade Fair Association contains an updated calendar of all sectoral fairs held in Italy

Invitalia acts on behalf of the government with the aim of promoting attractive business opportunities. It represents the single point of contact for foreign investors who wish to set up or expand their businesses in Italy, providing a wide range of services at every stage of the investment. On Invitalia’s website, foreign investors can find all the information they need to seize the most advantageous investment opportunities to create or expand their businesses in Italy.

Confindustria (Association representing manufacturing service companies in Italy): founded in 1910, represents manufacturing and service enterprises in Italy, with more than 151,000 enterprises and around5,389,972 employees. Its main objective is to contribute, together with various institutions and organizations, to the economic growth and social progress of the country.

Unioncamere – Union of Chambers of Commerce, Industry, Crafts and Agriculture is the point of reference for the productive sectors at local, national and international levels. It promotes and manages services for Chambers of Commerce and economic categories, develops collaboration with the network of chambers of commerce abroad and facilitates access to EU programs and international agreements, promoting Italy in the world with advanced technologies.

Cassa Depositi e Prestiti, controlled by the Ministry of Economy and Finance, uses national savings for economic growth. It collaborates with international financial institutions to promote infrastructure investment. It fosters relationships with foreign investors to support the expansion of Italian companies across borders.

SACE – Servizi Assicurativi del Commercio Estero (Foreign Trade Insurance Services): an export insurance company with the support of the Ministry of Economy, it covers political, economic and commercial risks for Italian operators abroad. It promotes exports of Italian SMEs by facilitating access to insurance guarantees.

SIMEST – Finanziaria di sviluppo e promozione delle imprese italiane all’estero: a company controlled by the Italian government, promotes and supports the activities of Italian companies abroad, especially SMEs, through trade and investment support. It provides assistance, advice and financial support, manages venture capital funds, provides interest subsidies, finances feasibility studies and other initiatives to facilitate the international expansion of Italian enterprises.

For more information regarding current labor, credit, energy, and public administration market regulations and tax incentives and tax compliance tools provided by the Italian government to facilitate investment in Italy, it is possible to consult the website of the Ministry of Economy and Finance, particularly the publications section, press releases and new regulations.

 

Macroeconomic Framework
Up-to-date data on the performance of the Italian economy can be found from the sources listed below:

The publications section of the Bank of Italy website contains economic, statistical and monetary policy information on Italy. Of particular interest for the purposes of accurate and up-to-date analysis on the national economic picture is the Economic Bulletin, which is updated by the Institute in November and March each year, in this section.

The National Institute of Statistics and the European Statistical Office provide up-to-date data on all the country’s economic indicators.

The Italian Business Register, maintained by the Italian Chambers of Commerce, where official information on companies with headquarters or local units in the country can be found.