EORI Number in Italy: What You Need to Know for International Trade An EORI (Economic Operator Registration and Identification) number is essential for businesses engaged in international trade within the EU. This article explores the significance of an EORI number, its application process, and practical implications for businesses operating in Italy. Introduction to EORI The [..Read more..]

Rewarding scheme for “highly-qualified” workers that want to relocate to Italy. The Italian government has recently implemented incentives for “highly-qualified” workers that want to relocate to Italy. The rewarding system consists in a lowering of the personal income tax base to the extent of 50% and it applies from the tax year in which the [..Read more..]

New developments for the Italian Investor Visa Program The Italian Investor Visa Program (Golden Visa), regulated by Article 26-bis of the Italian Consolidated Law on Immigration (Legislative Decree No. 286/98) has introduced a 30 days fast-track procedure to obtain an Italian residence permit for foreigners who intend to make one of the following eligible investments [..Read more..]

Italy implemented a comprehensive reform of the Third Sector and other not-for-profit organizations. Introduction. Pursuant to Italian law, a Third Sector Organization or Ente del Terzo Settore (“ETS”) is a not-for-profit private organization or entity that pursues civic, solidarity and social benefits purposes carrying out, exclusively or principally, activities of general interest in an accountable and transparent [..Read more..]

The Italian Liquidity Decree: Covid-19 Government measures to support Italian enterprises. Last 8 April 2020 the Italian government implemented new important measures to support and provide liquidity to Italian enterprises. Read our comprehensive guide.

Covid-19 emergency measures: New rules for remote shareholders’ meetings and extension of the term to approve the yearly financial statements The emergency measures against COVID-19 also apply to the corporate framework. First, under the Italian law the shareholders’ meeting for the approval of annual financial statements must be convened within 120 days from the last [..Read more..]

Read our guide on the COVID-19 Emergency Italian labour law framework.

Taxation of Italian Companies. The taxation of the income of an Italian company is based on its aggregate income earned both in Italy and abroad. This articles provides an introduction to corporate tax in Italy, outlining the types (IRES and IRAP) and rates of income tax and explaining how such tax is calculated. Corporate Tax [..Read more..]

Acquisitions and joint ventures. Italian Decree Law No 58/98 and the regulations made under this law provide, amongst other things, the legal framework for public offers for the acquisition of shares, whether these are listed on the stock exchange or not. This document discusses matters relating to acquisitions of company shares in Italy, covering: public [..Read more..]

Read our guide on doing business in Lombardy

Read our Guide on National and Regional Incentives for Companies and Individuals in Italy.

New tax incentives to attract foreign investments Italy has recently taken important new steps to position itself as a welcoming home for foreign investments. Compared to the past, it is becoming increasingly attractive to open companies in Italy for non-EU and EU residents, also from a tax point of view. Please find below general information [..Read more..]

Initial Coin Offering (ICO) and public offer of financial products Blockchain technology (or distributed ledger technology) could assume great significance for financial markets, understood in the broad sense. Among the many economic transactions that can be done through blockchain technology, the so-called initial coin offerings (ICOs) are spreading. ICOs represent a digital form of raising [..Read more..]