Starting business Italy
- Implement an investment plan of interest for the Italian economy, involving the use of euro 500,000 and create at least 3 jobs with the new company;
- or, you must be a freelancer practicing a regulated profession regulated and supervised or represented by associations registered in public lists;
- or, you must be the owner of administrative and control companies expressly under Interministerial Decree no. 850 of 11 May 2011;
- or, you must be an ‘innovative start-up company’, under the Law no. 221 of 17 December 2012.
The conditions imposed by the Flows Decrees are rigid and ambiguous. What are the activities that have a significant interest in the Italian economy? If you do not have or do not want to invest 500,000 € to open your business and do not create 3 jobs, do you have to give up doing business in Italy?
Here, how to start a business in Rome Italy.
Alternative ways to the Flows Decrees exist. You can start a business in Rome Italy if you already have an active company in your country for at least 3 months.
Non-UE foreign entrepreneur (from extra-EU countries) you can be present in Italy with your business with these 2 solutions:
- You can open a secondary office with permanent representation of your business
- You can open a representative office of your business
Secondary office of the foreign company with permanent representation.
It is a branch of your company with permanent representation, a company registered in Italy but subject to economic and administrative coordination of a foreign company. The company started in Italy has a management and operational autonomy to act in the name and on behalf of the foreign company on an ongoing basis
The secondary office of your foreign company with permanent representation, must therefore have:
- Economic and administrative dependence;
- Operational stability;
- Representation of external subjects.
Representation office of your foreign company
The representative office is the fastest form of settlement on the international market of a non-resident business. The representative office carries out marketing, database, scientific and market research.
The international law firm Damiani & Damiani provides legal advice to start a business in Italy