How To Start A Business In Italy As A Foreigner
All the rules you need to know before registering your company non eu citizens who intend to start a business in italy as sole proprietorship members of partnerships directors of limited companies legal representatives of foreign companies or who take any administrative role within a company which is already operational must verify to be in possession of the.
How to start a business in italy as a foreigner. Country commercial guide the country commercial guide ccg is a comprehensive annual review of italy s commercial economic and political environment. Just last year a korean american entrepreneur was the recipient of korea s first start up visa an indication that the korean government is opening avenues to more foreign start ups. If you are from a country outside of the eu you will also need a licence before you start operations. Can take months to years to actually start doing business.
Really bad i ll just give a few highlights of my fun adventure here. It includes information to assist those doing business in italy. On top of this italy is a country which favours small to medium sized businesses which make up 90 of italy s market. Before starting doing business in italy it could be very important to look at the way in which meetings are conducted and italian negotiation styles.
You need to have the legal right to live and work in italy and you will generally need to have a residence permit before you can operate a business in italy. General education education is compulsory for 10 years in the first cycle primary and lower secondary education and the first two years of the second cycle from 6 to 16 years of age. Italian public holidays italy follows a standard monday friday work schedule. Or it must be a freelancer exercising a regulated and supervised profession or represented by associations registered on.
The good news is that in recent years the korean government has begun easing general start up rules to help encourage foreigners to start businesses in korea. Setting up a company in italy. Creativity initiative and willingness to get involved are features needed for an entrepreneur willing to start a business in italy however to turn ideas into a company an entrepreneur needs to assess the risks must know how to write a business plan choose the legal form of business that best suits his needs and must also be aware of the business start up costs in italy and also further. The eai the italian economic administrative index contains economic and administrative information pertaining to parties both those that do not fulfil the conditions for registration to the business register e g associations foundations committees non corporate bodies and local units of foreign companies as well as members of the.
Here are some of the basics that foreign investors should take into consideration when planning to start a business in italy. The notary public stamp you need to make everything official is handed down from one generation to another an. In principle a foreign person who is not a resident of italy or the european union can only set up a company in italy if an italian citizen can set up a company in the non eu country.