location, relocation, expansion, portal

Invitalia provides a free, confidential service that is tailored to your project, including current information on the business climate and investment opportunities in your specific specific sector, as well as business advice throughout the relocation process.

Invitalia's services are organised into three key stages: Pre-Investment Information, Business Set-Up Support Services, and After Care Services. Below is a break down of each stage.

Pre-Investment Information:

• Clusters and target sectors - information on current opportunities in your sector in Italy and abroad; comprehensive knowledge of the competitive dynamics and main players in your sector
• Tax system, legal system, fiscal system, workforce - information on the principals of Italian legislative system, with attention to tax, fiscal, and employment law
• Business climate - regional and national information in an economic and social context
• Incentives - information on investment incentives available in Italy
• Competitive benefits of investing in Italy - comprehensive overview of logistic infrastructures and communications, and competitive advantages of each area to help ascertain your opportune business base
• Project practicality - preliminary evaluation of the business idea to determine its practicality in terms of technical, financial and market feasibility, to give it the strongest start possible
• Quality of living and working in Italy - general summary of Italian living and working, including information on the national education system, research and development facilities, availability of highly educated workforce and specialists in your field

Business Set-Up Support Services:

• Permits for foreign investors - guidance with the completion of procedures to obtain permits 
• Financial Advice - information on available funding and support, and guidance through the selection and application of financial schemes
• Locations finding excursions - providing knowledge on location opportunities, organising site visits and support during the site-selection process
• Authorisations - Coordination of all relevant permits that may involve local authorities
• Legal matters - business set-up support, advice on mergers and acquisitions, legal counsel services
• Liaison Office with Public Administration - cutting the red tape and guiding you through policies
• Human resources - we maintain strong relations with recruitment agencies to give you access to an exceptional workforce

After Care Services:

• Development of existing facilities - ascertaining available incentives and funding schemes and providing support in the application processes
• Helping to solve administrative and business issues - facilitating the efficient and smooth running of investments, even through collaboration agreements between institutions

Italy can offer a compelling array of funding and aid schemes including Tax credits and R&D grants and loans to meet the needs of a range of business operations.

In recent years, Italy has been executing a vast reform of the Italian corporate tax system, with improvements being introduced on an annual basis:

• Reduction of corporate income tax rate to 27.5%
• Partial exemption of capital gains emerging from the discarding of qualified participations into Italian and foreign corporations (95% from 2008)
• Implementation of a joint taxation regime for Italian/foreign corporations affiliated with the same group to reinforce their tax base if the parent company resides in Italy

Financial Assistance/Grants

Financial assistance is offered under the auspices of either the EU (ERDF) or national and local bodies, in the shape of capital or operating grants.

Loans

Interest-rate subsidies (loans at interest below market rates) may be offered to SME’s as a form of financial assistance.

Incentives, Tax and Others

Corporate income tax rate: 27,5% (from January 1st, 2008)

Recruitment Support

Training incentives are provided by European Social Fund (ESF) or via local bodies.