A&P provides professional tax services to both expatriates and Italian individuals as well as corporate clients that have to comply with the Italian and international tax law.
Arletti & Partners tax advisors can provide you with a wide range of tax services dedicated to both expatriates and Italian individuals as well as corporate clients that have to comply with the Italian and international tax system.
Establishment of a Limited Liability Company
– A limited liability company is a limited company with legal personality that is liable for the social obligations only within the limits of the contributions paid by every associate.
– In Italy, there are three kinds of limited liability company foreseen by the civil code:
• Ordinary ltd
• Minimum or reduced capital ltd
• Simplified ltd
In order to set up a Limited Liability Company in Italy, you will have to comply with both civil and fiscal obligations, ranging from the establishment of the company to its activation at the competent institutions, which is mandatory by law for the purposes of calculation of income tax and social security.
An expert team of chartered accountants and tax auditors, licensed by the Italian government will assist you in:
-choosing the best type of limited liability company for your business plan;
-the preliminary stage of the establishment (drafting of the corporate purpose, appointment of a notary and complete cooperation in the drafting of the act of incorporation);
-the actual activation of your company at the institutions foreseen by the Italian law (VAT registration, Chamber of Commerce registration, opening of a social security account);
-the hiring and training of the employees, as well as the registrations and mandatory compliance with the processing of the payroll.
-Contact the studio and one of our chartered accountants will send you a simple form to fill with the first useful indications for the establishment of the company;
-Based on the information gathered you will be provided with a quote within 24h from your request;
-Moreover, you will be informed right away on the time required for your company to be operational;
-The most important aspects concerning the establishment of the company will be defined over phone call, video call (Webex) or through an appointment at our office;
-We will take care of making your company operational on schedule and as agreed, by registering it to the institutions foreseen by the Italian law;
-Once the company is operational it will be followed annually in all the fulfillments related to its functioning by our team of chartered accountants
Self-employed or Freelance
How to carry out a self-employed business in Italy.
The development of a self-employed/freelance business in Italy implies the opening of a VAT position and the assignment of a VAT identification number at the Income Revenue Agency, to be able to declare the income generated and pay taxes.
Based on the activities carried out, professional or services, the self-employed worker has to enroll and pay contributions to one of the insurance funds, as required by law (INPS artisan/accountant – INPS separate management).
An expert team of licensed chartered accountants and tax auditors will provide you step by step assistance in:
-choosing the most suitable business activity code, amongst those available in Italy;
-verifying the requisites to gain access to the most favorable tax regime (including the simulation of tax benefits).
Our team will take care of:
-the opening of the VAT position;
-the social security status and the enrollment in the institutions required by law (Chamber of Commerce, INAIL etc.);
-the bookkeeping, the filing of the tax return on schedule, the calculation and payment of direct and indirect taxes;
-the possible hiring of employees and processing of payroll.
Our team will also provide interim analysis and checks for your business, to optimize it and save up on tax matters.
-Contact our office and one of our chartered accountants will send you a simple form to fill, with the first useful information on the opening of the VAT position;
-On the basis of the information gathered, you will be provided with a quote within 24h from your request;
-If necessary, we will discuss with you the most favorable tax regime for your business over phone call, video call (Webex) or through an appointment at our office;
-We will take care of making your business operational, on schedule and as agreed, by registering it to the institutions foreseen by the Italian law. Moreover, we will help you draft and send the first invoices;
-A&P will provide daily support in the accounting and fiscal management of your business and will keep you informed, through newsletter, on the most important news and opportunities concerning tax benefits in Italy.
Italian and International Individual Income Tax Returns
We are able to support and assist with the filing of the annual tax return in Italy, including Form RW and the wealth taxes IVAFE and IVIE on foreign financial activities and real estate held abroad.
We can also support our clients to claim the Italian special tax regimes for inpatriates and high-net-worth individuals (advising on eligibility, applying for, and handling).
A&P can coordinate the filing of your foreign tax return when required in order to ensure the avoidance of double taxation.
We can assist our clients overseeing tax and documental audits performed by the tax authorities. A&P provides assistance preparing and submitting tax rulings and formal queries to the Italian Revenue Agency to obtain clarifications about specific tax provisions and to prevent litigations.
If you are active internationally, if you own financial activities and/or a property outside of Italy, if you are an expat working for an international group or engaged in cross-border activities you will be required to comply with both international and Italian tax laws, including the mandatory tax returns in Italy and eventually abroad.
Our team has the experience and know-how to advise you on your overall tax exposure and guide and work with you in dealing with the complexities of both the Italian and the International tax systems. A&P provides advice on applicable tax treaties and tax provisions under European law.
Through our network of quality partners, or in co-operation with your personal foreign tax advisor, we can co-ordinate the filing of both tax returns in Italy and abroad in order to maximize tax credit opportunities and avoid double taxation.
Please contact A&P in order to book an appointment at our office in Modena or schedule a phone call via WebEx.
Basing on your personal situation our tax consultants will prepare a dedicated fee quote and let you know the list of documents and information required for the filing of your Italian tax return and eventually your foreign tax return when required.
Expat Compliance Services
HR Consulting for International Assignments
A&P offers professional support to Italian companies wishing to send employees to a foreign country as posted workers and/or to foreign companies wishing to send employees on assignment to Italy.
Our assistance may include:
– global mobility advice and development of expat policies,
– preparation of secondment agreements and international assignment contracts,
– preparation of intercompany agreements between home and host companies,
– advising about payroll set-up, compensation and benefits, cost savings, implementing salary splits,
– managing international shadow payrolls,
– performing tax planning, hypo tax and gross up calculations,
– advising on international social security obligations,
– advising on application of special tax regimes for inpatriates under Italian law,
– filing of tax returns in Italy and abroad in compliance with the tax treaties for the avoidance of double taxation.
Investing in Italy: Real Estate
The ownership of real estate in Italy calls for different civil and tax obligations. If the real estate generates rental income, duties that vary according to the type of contract are meant to be paid.
In case of renovation works on real estate properties, generous tax incentives are provided.
The purchase and the sale of real estate occur through a public act (drafted by a notary). Moreover, it is recommended to register a preliminary contract for the property sale/purchase.
The only ownership of real estate in Italy is a prerequisite for the payment of municipal and revenue taxes (IMU and TASI).
If the real estate generates rental income, mandatory requirements of registration and payment of duties, that vary according to the type of contract, are required.
In case of renovation works the Italian law requires generous tax incentives, subject to the compliance with all the requisites and the mandatory fulfillments.
A team of chartered accountants and tax advisors, experts on the Italian law on real estate will provide step by step assistance in:
-the drafting and the registration of a preliminary contract for the property purchase/sale;
-choosing and cooperating with the notary that will draft the public act of purchase/sale (predicting also the amount of duties to pay);
-the payment of the annual municipal taxes;
-managing the profitability of real estate: choosing more the type of contract that is fiscally more favorable with regard to their own income situation, drafting and registering the lease contract;
-managing the filing of the tax return on schedule and the payment of taxes;
-proving ad-hoc consultancy on renovation works and verifying the requirements and documentation (saving from 50% to 80% of taxes).
Contact our office when:
-you have found real estate you are interested in;
-before drafting a lease contract;
-before starting renovation works.
One of our consultants will book an appointment at our office or a video conference through Webex and will analyze your income situation to identify every step to follow in order to achieve the maximum efficiency/ tax saving (tax simulations and prediction on the amount of taxes to pay).
Companies whose headquarters, business and interests are located in Italy and that respect specific requisites can be enrolled in the special register of innovative startups.
This gives them right to different civil and tax incentives and the possibility to obtain subsidized loan at zero interest as well as to participate to calls at regional, national and European level.
The respect of certain requisites allows the enrollment of the company in the special register of innovative startups of the Chamber of Commerce.
The innovative startups status gives right to incentives like, for example:
-Inapplicability of the protocol on shell companies;
-Tax credit for the hiring of highly-specialized employees;
-Total length of fixed-term contracts of up to 48 months;
-Ability to pay salaries to flexible staff/ Possible payment of salaries through participation in the capital;
-Tax benefits for those who invest in startups;
-Possibility to obtain subsidized loan at zero interest and to participate to calls at regional, national and European level.
A team of chartered accountants and tax advisors will take care of verifying the necessary requisites to gain access to the Innovative startup status.
A&P will follow closely the procedure that will lead to the registration of the company in the startup section of the Register of Companies at the Chamber of Commerce.
Contact our office and one of our consultants will:
-send you a short form to fill with all the information concerning your company, that are necessary in order to verify the requisites;
-send you a detailed request on all the documentation necessary for the procedure;
-take care of the preparation of the necessary forms and send the paperwork to the Chamber of Commerce in charge;
-manage the fulfillments and the annual deadlines, in order to keep the startup status.
Research & Development Tax Credit
The research and development incentive gives the opportunity to companies, that from 2016 to 2020 (to 2023 with the extension) invested in the research and development sector, to obtain an R&D tax credit up to 50% of the increase of annual R&D expenses.
From the introduction of this tax credit with the decree 145/2013 to the Law of Stability 2015 (law 190/2014), A&P has provided companies with professionals and experts specialized in the obtainment of the R&D tax credit, giving them the opportunity to make use of generous tax benefits.
Companies that meet certain requirements receive a R&D tax credit up to 50% of the « increase of annual R&D expenses ». The eligible costs are:
– costs for highly qualified workers involved in the R&D activities
– depreciation charges related to the purchasing expenses or utilization of instruments and laboratory equipment
– expenses for research contracts, activites carried out jointly with universities, research institutes and equivalent bodies and other enterprises
– expenses for technical expertise, industrial and biotechnological patents
The Research and Development Tax Credit can be offset through the form F24, for the payment of all taxes and social security contributions of your company.
A&P works with specialized professionals who provide experts and specialists that will evaluate in full autonomy the amount of costs incurred in research and development, in order to obtain the tax credit. The entire procedure will be followed step by step, from the evaluation of the costs to the integration of the credit in the tax return, up to its actual use. Everything will be backed up and certified by a personalized documentation package.
-Contact our office;
-One of our consultants will book an appointment for you. The meeting can take place even at your own company, with appointed professionals and specialists;
-After the meeting, you will be provided with a detailed quotation;
-We will follow the entire procedure up to the integration of the tax credit in your company’s tax return.
Registration for VAT Purposes in Italy for Non-Residents/Appointment of a Fiscal Representative for VAT Purposes
Non-resident companies, in order to perform specific activities connected to export of goods to Italy are required to register for VAT purposes in Italy or to appoint a Fiscal Representative domiciled in Italy.
With more than 20 years’ experience, A&P supports clients for VAT related matters concerning international transactions.
A non-resident company, needing to export goods to Italy for further sale or usage within the Italian territory through a so-called tax warehouse, will need an Italian VAT identification number or a Fiscal Representative domiciled in Italy when removing the goods from the tax warehouse.
Non-resident taxpayers can claim an Italian VAT identification number by submitting a VAT registration form to the Italian Revenue Agency.
Our team of certified tax consultants specialized in VAT law and EU / non-EU transactions under a VAT perspective will analyze the case and advise on the best applicable solutions.
-Our tax consultants will get in touch with you and provide a dedicated fee quote in 24 hours;
-We will send you a simple form to collect the required information for VAT registration or appointment of a Fiscal Representative;
-We will provide the timeline for obtaining the VAT identification number or appointing the Fiscal Representative;
-You will receive a valid VAT identification number for your activities.
A&P deals with international income taxation, conventions for the avoidance of double taxation and tax credit compensation between different countries. A&P has a deep knowledge of employment income taxation of salary and benefits.
A&P has a team of expert professionals in many areas: labour law, social security, corporate taxes, individual taxes, immigration law, destination services.
A&P has a team of multilingual professionals licensed by the Italian Government and enrolled in the National Tax Advisors Government List and Professional Auditors.
We received the ISO 9001 certificate in April 2016 and are now waiting for it to be renewed. It is one of the most trustful Seals in Quality Certification and it entrusts A&P Services Quality Level.