octubre 26th 2020

The EU Commission launched a digital platform to foster trade between EU companies and Iran.

Last 6 October 2020, the EU Commission launched a new digital platform to support EU companies doing business with Iran. The JCPOA (Joint Comprehensive Plan of Action) dated 14 July 2015intended to put an end to all economic and financial sanctions imposed by the European Union in connection with the Iranian nuclear program. However, some [..Read more..]

octubre 10th 2020

The real estate simple partnership (“società semplice immobiliare”): an efficient instrument to hold real estate assets in Italy.

The real estate simple partnership (“società semplice immobiliare”) is a type of partnership that does not carry out commercial activity as its only purpose is to hold real estate assets. The shares of a real estate partnership can also be held by foreign companies. There are many advantages for the incorporation of a real estate [..Read more..]

octubre 3rd 2020

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 in Italy: an investment of at least Euros [..Read more..]

abril 18th 2020

Italy implemented a comprehensive reform of the Third Sector and other not-for-profit organizations.

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..]

abril 17th 2020

The Italian Liquidity Decree: Covid-16 Government measures to support Italian enterprises.

The Italian Liquidity Decree: Covid-16 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.

marzo 18th 2020

Covid-19 emergency measures: New rules for remote shareholders’ meetings and extension of the term to approve the yearly financial statements

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..]

marzo 18th 2020

COVID-19 Emergency: the Italian labour law framework

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

septiembre 22nd 2019

Taxation of Italian companies

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..]

agosto 29th 2019

Rewarding scheme for “highly-qualified” workers that want to relocate to Italy.

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..]

agosto 9th 2019

Management and statutory audit of an Italian company

MANAGEMENT AND STATUTORY AUDIT OF AN ITALIAN COMPANY  In Italy, companies are managed either by a Board of Directors (consiglio di amministrazione) or by a sole director (amministratore unico). The Board of Directors or the sole director can delegate certain management powers to non-directors to facilitate the day-to-day management of the company. This document discusses [..Read more..]

mayo 28th 2019

Come and work in Italy and have up to 90% of your employment income tax free

Come and work in Italy and have up to 90% of your employment income tax free The preferential tax regime for “inbound workers”(a tax regime aimed at attracting to Italy non-resident employees / self-employed workers), provides for a 50% exemption of Italian-sourced employment (and assimilated) and self-employment income. The preferential tax regime applies for the [..Read more..]

agosto 8th 2018

Acquisitions and Joint Ventures

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..]

julio 4th 2018

Publicly available information on Italian companies and statutory books

Publicly available information on Italian companies Registrar of Companies The ‘Registro delle Imprese’ (Register of Enterprises) was formally established in 1996, by Presidential Decree No 581/1995. All Spas, Sapas and Srls must be registered with it and must file a wide variety of documentation and information with the Register of Enterprises. The filing is required [..Read more..]

junio 26th 2018

Read our guide on employment law in Italy

Hiring framework The Employer Q. Is it mandatory for an employer establish a relevant body and register at public bodies before hiring employees? A. Yes, it is. Q. Who wants to hire employees in Italy must establish a relevant body (legal entity, like an «S.r.l.» or, at least, a branch; a rep-office is not enough). [..Read more..]

mayo 12th 2018

Doing Business in Lombardy

Read our guide on doing business in Lombardy

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