Damiani & Damiani International Law Firm reveals you why it is time for Sicily investment. Our team of lawyers greatly welcome Palermo’s appointment as Capital of Youth 2017 and Capital of Culture 2018, as we are aware and proud of the great success that Sicily – where our main office is based – is living at the moment and will live in the next years.
Damiani & Damiani International Law Firm has always believed in the human, cultural and business resources that Sicily can offer, and in the necessity to encourage investors who are willing to start a business in Sicily, taking advantage of Sicilian unlimited resources. Sicily investment in 2016 will generate relevant revenue.
Sicily facilitates air and maritime transports between Europe, Africa and Middle-East, thus allowing logistic simplification of import-export between West and developing Countries. South-East Sicily is the most strategic area – from a geographical point of view – due to the wide web of infrastructures, such as Catania airport and Comiso, and Augusta, Syracuse and Pozzallo commercial ports. The West coast grants fast transfers towards the rest of Italy and Europe, through the airports and ports of Palermo and Trapani.
From a cultural point of view, Sicily investment will benefit of Sicilian infrastructures’ support: Sicilian University, which includes more than six athenaeums, among private and public institutions, grants the highest level of education and a highly specialised workforce.
Very little known, who chooses to invest in Sicily can benefit of relevant tax reduction on new hiring, and of considerable subsidies in several working areas, which are provided by both Public and Private Bodies such as Crias, Invitalia and the Ministry of the Economic Development itself. Investors may also benefit of the European indirect funding plans, such as the Rural Development Plan (read here for further info on the Sicilian Rural Development Plan).
Among other things, Sicily has now become the perfect place for establishing start-ups and SME, due to the huge amount of benefits addressed to this kind of investments and thanks to the presence of big business incubators, such as ARCA Consortium and Digital Magics, who boost innovative business in the territory.
Notwithstanding that nowadays a great amount of financial resources addressed to investors are still returned to the EU, due to lack of awareness of such a big number of opportunities at disposal of investors.
Damiani & Damiani’s team is ready to provide local and foreign investors with all information and assistance about investing in Sicily and Italy. We assist our clients during the entire life-cycle of their business investment, and we guide them towards full-compliance with EU and Italian requirements to establish a company in Italy and access funds.
We offer the following services:
- Company’s founding act and statute drafting;
- Appointment of a legal representative, according to the Italian Law requirements;
- Bureaucratic procedure fulfilment;
- Registration to the Chamber of Commerce;
- Draft of the project to access funds, in compliance with the funds requirements;
- Payroll, taxes and accounting monthly services;
- Other services.
We help clients draft business project, business plan and we ultimately help them establish their business in the Sicilian and Italian territory. Damiani & Damiani guides clients through minimisation of costs and zero waste of resources, in order to profit from their investmentsin the most effective way, especially in those economic sectors that will be deemed as “glamorous” in the next years:tourism and culture.
Sicily investment in food. Recently, tourism in Sicily recorded sharp peaks as well as agriculture, especially in the production of wine, olive oil and bio. Sicilian craftsmanship has a world-record.
A part from the traditional productive sectors, nowadays the core business of many companies in Sicily is technological innovation and renewable energy, the latter favoured by thousands of square miles of wastelands present in the Italian island and optimal weather conditions for windfarms and photovoltaic power stations.