We provide service regarding Accounting & consultancy in Italy

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Setup your Business in Italy

    We provide following services in Italy through our affiliates, which are fully authorised agent of Italian revenue agency called “AgenziaEntrate”:

    Business start-up advice
    Company formation
    Online accounting
    Bookkeeping and bank reconciliations
    Fully outsourced accounts department
    Payroll support or fully outsourced payroll managed by us
    VAT refund and payments
    Accounts preparations
    Management accounts
    Tax returns
    Transactional tax
    Double taxations reliefs
    Taxation advice for individuals
    Specialist corporation tax services
    Property and land transactions planning
    Business development and consultancy
    Compliance services with local tax authorities

    Main taxes in Italy
    Income tax for individuals
    Corporate income tax
    Real Estate Taxes
    Taxation of financial incomes
    Capital gain tax
    Branch tax
    Withholding tax
    Taxes on inheritance and donations

    Tax rates at a glance (As of July 2015)
    Corporate income tax- 27.5% (a)
    Capital gains- 0% to 27.5%
    Branch tax- 28%

    Withholding tax
    Dividends- 0% to 26% (b)
    Interest- 0% to 12.5% to 26% (c)
    Royalties from patents and licences- 0% to 30% (see note d below)
    Branch remittance tax- n/a

    Net operating losses (Years)
    Carryback- n/a
    Carryforwards- No time limit
    In addition to this rate, a 3.9% regional tax is applicable on productive activities (IRAP).
    Dividends paid to a non-resident corporation are subject to a 26% withholding tax or to a 1.375% withholding rate when paid to a company subject to tax and resident in the EU or EEA/EFTA included in the white list, unless the rate is reduced under a tax treaty or dividends qualify for exemption under the EU Parent-Subsidiary directive.
    Interest on loans is taxable at 26%, unless in case of medium/long term loans granted by UE banks and certain other financial entities which apply a zero withholding tax. Non-exempt interest on current accounts and bonds is subject to the 26% rate. The rates may be reduced under an applicable tax treaty or exempted under the Interest/Royalty Directive.
    The rate may be reduced under an applicable tax treaty.

    Italy Income Tax Rates 2015 (Last partial update, October 2015))
    Taxation of an individual’s income in Italy is progressive. In other words, the higher the income, the higher the rate of tax payable.
    In 2015 the tax rate for an individual is between 23%-43%, In addition to direct taxation (IRPEF), there is also a regional tax of 1.2%-2.03% and a municipal tax of 0.1%-0.8%.
    There are reduced rates of tax and tax exemptions available to certain income earners.
    The standard rate of Italy corporate tax (IRES) in 2015 is 27.5%%.
    In addition, local tax (IRAP) is imposed at a rate of generally 3.9%, bringing the effective tax rate to 31.4%.

Services we Offer:

We offering comprehensive business consulting services and provides in-depth information and resources on how to set up a business in Italy. Here are key points one should and must know before starting the process of setting up a business in Italy.

Company Registration Services
Post Incorporation Services
Monthly Accounting Services
Book-Keeping Services
Payroll Service
Taxation Services

Types of Business Presence in Italy:

Fully Foreign Own Enterprise
Representative Office
Joint Venture
Partnership Enterprise
Payroll Support in Italy