King William Alexander of Hollandarrived in Italy on a trip taking place between June 20 and 23 and aimed at reinforcing commercial links between Northern and Southern Europe.Read more
As one of the world’s seven largest exporters, the Netherlands have with Italy an excellent trading relationship, and the numbers support this. According to 2015 data, the Netherlands exported 17.5 billion Euro of goods to Italy, while Italy exported 9 billion Euro to the Netherlands.Read more
Recently the Italian Ministry for Economic Development, with letter 3696/C of 14 February 2017, has attempted to dispel some of the doubts expressed on the legal checks that the Business Registry Offices have to carry out, following their registration in the special section dedicated to startups and innovative SMBs (preventative checks) and during the validity of the special status of innovative startup and innovative SMB (dynamic checks).Read more
The recent decision of the Italian Ministry of Finance and of Sose spa to abandon industry studies is worthy of interest.
A new tool will be “set up gradually” and will be based on the “reliability” of the tax payer, allowing them to “bypass” industry studies and to stop using them as a presumptive tool for tax calculation. Read more
Italy is working to streamline compliance and procedures to foster investments and free-up the credit system in the favour of businesses.
The Italian Decree Law 59/2016 (Urgent provisions relating to enforcement and bankruptcy proceedings, as well as to investors in banks in liquidation) contains important measures to speed up the recovery of debts. The measures on insolvency and enforcement procedures, in addition to those already implemented last summer, along with the institution of the so-called “patto marciano” will help to simplify the formalities and streamline procedures for the recovery of debts. Read more
It is increasingly important for companies to adopt the Organisational Model ex Italian D.lgs 231/2001: should a criminal action contemplated by said article be committed, the company needs to be able to prove it has adopted and effectively carried out the organisation, management and control model to avoid monetary and interdiction sanctions. Read more