Everybody knows Milan is one of the world’s fashion capitals and now the luxury goods market in Italy has reached a new stage: the number of luxury products companies listing their shares on the stock market has increased considerably. More than that, we could say that Italian companies in the luxury industry will be the leaders of the IPO (initial public offerings) market this year. Our company formation consultants in Italy can assist with the company registration process if you are interested in starting a business in the luxury goods sector.
With small and medium-sized enterprises (SMEs) being the pillar of the Italian economy, the Italian Institute of Statistics (Istat) gathered data on how digitization affects this type of companies. According to the Institute, it was essential to know how Italian SMEs use digital technologies in order to increase their incomes. Moreover, at the middle of March the government entered a partnership with three companies in order to support SMEs seeking to use innovation and digitization. Our Italian company formation representatives can assist investors who want establish businesses in this country.
The last month of 2016 brought a historic increase in Italian exports, according to the National Statistics Office, Istat. Even if on a year-to-year basis the trade balance indicated an increase of 1.1%, when comparing the results of registered in December 2015 and those of the same month of 2016, the rise is of 5.7%. The cosmetics market and the Made in Italy brand made the difference in last year’s export numbers. Our company formation agents in Italy can assist foreign investors interested in opening a trading company in this country.
Not all EU countries would suffer after the UK exits the Union and Italy is perhaps of evident proof of that given the new set of laws meant to boost the Italian’s Stock Exchange visibility among the European stock markets. The Parliament aims to make Milan a leading financial center in the European Union by replacing London. Foreign investors interested in opening companies with the aim of trading on the capital market, can rely on our Italian company formation consultants.
Announced a few years back, the Patent Box Regime was finally introduced at the end of 2016 and will favor Italian companies registering trademarks, industrial designs, models and even know-how with the Intellectual Property Office. Under the regime, both Italian and foreign companies registering intellectual property will benefit from an advantageous tax bonus. If you are interested in opening a company and need assistance, our Italian company formation consultants can provide it to you.
Agriculture has a bright future in Italy where the number of entrepreneurs under the age of 35 interested in investing in this industry is growing on a yearly basis. Moreover, by 2020 the number of start-ups established by young entrepreneurs is expected to reach 20,000. The better news is that most enterprisers are interested in green agriculture which implies a high degree of innovation. If you want to establish a business in the agricultural sector, our company registration agents in Italy can assist you.
The end of 2016 brought positive changes for the real estate industry in Italy, especially for the commercial sector. According to the Revenue Agency Real Estate Observatory, the property market has recorded an increase of 17.8%. If you want to invest in real estate, our Italian company formation consultants offer assistance in purchasing commercial real estate.
The National Agency for Energy and Environment (ENEA) in Italy issued a report according to which the country is below the EU average energy consumption levels with 18%. This is because Italy has started to invest in green energy a few years back, investment which have started rendering very good results during the last couple of years. Our company formation agents in Italy can assist foreign investors interested in opening companies in this industry.
The Italian Government has decided to bet on the aerospace industry for the following years and enabled the regional administration in the region of Puglia to set up plants in three of the largest cities there. The project was begun several years ago, when funds worth a total of 250 million euros were invested in the aviation sector and the current administration wants to continue these projects with a focus on manufacturing. If you want to open a company in Italy and need assistance, our company registration agents can help you.
Italy relies on the tourism industry which is a great supporter of the economy. One of the most important branches of the tourism sector is the wine segment which is why the Government has decided to reduce the burden on wine makers by clearing up some of the regulations related to the labeling of their products. Another measure implies the double controls imposed until now to Italian companies producing wine. If you want to open a company in Italy and need assistance, our company registration consultants can help you.
The government has enabled a three-year plan for the development of the Italian tourism industry, which is why it enabled the National Tourism Agency (ENIT) to set up new offices in several countries considered emerging touristic markets. Among the countries where Italian cities and touristic sites will be promoted are China and the United Arab Emirates. Our company registration consultants in Italy can assist foreign investors seeking to open travel agencies.
There is nothing uncommon for companies these days to face financial problems when considering the instability at macro-economic level in the EU. However, Italy has found a way around these issues and managed to amend bankruptcy procedures in order to assist companies in distress. The results were first shown this year, when thanks to these procedures, Italian companies have benefited from a faster restructuring process.
Predictions for the end of the season in the accommodation sector in Italy look pretty good so far, as hoteliers expect to close the summer with a double-digit increase. The Italian hotel industry is one of the best performing sectors of the economy since 2016 started, according to statistics. If you want to open a company in the accommodation industry, our company formation representatives in Italy can help you with the registration procedure.
Italy has recently regained its position among the largest European automobile markets, which is a good sign for the local economy. In May, Italy occupied the third position, according to a report issued by ISTAT, the national statistics institute. Our company formation agents in Italy can offer more information about investment opportunities in the automotive industry.
ISTAT, the Italian Statistics Institute, released the first data on the country’s Gross Domestic Product in the past year. According to figures, the northeastern part of the country registered the highest economic growth. Our company formation agents in Italy can help you set up a company in this part of the country.
A new report handed by international real estate consultancy Knight Frank says that Italian real estate prices will remain stable as consumers return to the long-term reliable settings. Many financial experts currently say that real estate market in Italy is getting back on the right path and there are good times to invest in this important sector.
A report issued by the International Energy Agency (IEA), the intergovernmental organization of OECD (Organisation for Economic Co-operation and Development) which meets the 29 most industrialized states in the world, mentioned that Italy covers 8% of its energetic needs with solar energy and no other nation in the world does better, nowadays.
Italy is renowned for its automobile industry and the country is now opening its gates to the newest technologies in this sector: the electric cars segment. Turin will be one of the first Italian cities to enable a network for electric car sharing service. Our company formation agents in Italy can help you open a company in the automotive industry.
Italian companies have the possibility of expanding their services in Asia in countries like China and Japan. While China offers investment opportunities in the industrial sector, Japan is interested in the Italian food and beverage sector. Our Italian company formation agents can provide you with information about Italy’s relations with China and Japan.
Italy’s economic recovery continues at a slow pace but it is certain that the country will fully recover from the recession. Experts believe that Italy will be able to avoid another economic drop, both this year and the next. A recent survey showed that the country’s GDP would continue to increase this year and in 2017. Moreover, four out of five respondents to the study believe that there will be no new recession in the near future. This is encouraging for foreign investors in Italy who can plan to expand their business or open new companies.
A series of positive results confirm that Italy’s economy is improving and the measures implemented by the Government are working. Unemployment dropped down to 11,3 percent, the lowest rate in the last three years. Foreign investors can look forward to new business opportunities in this recently revitalized business climate.
Italy and Iran have signed a number of business deals with an approximate worth of 17 billion euros. Italy is keen on cooperating with Iran a country that will act as a regional trade hub after the conclusion of these agreements. These new business deals are meant to boost trade in Italy and Iran and facilitate the economic cooperation between the two countries.
Small and medium-sized companies (SMEs) are the backbone of Italy’s economy. The country is recognized worldwide as a manufacturer of food products and most of the companies producing these goods are SMEs or have started small. Their success can be attributed to a few key elements. If you want to open a company in Italy, our registration experts can help and guide you.