Legal update – a new entry visa and work permit in Italy.
Italy on May 7th, 2022
New Italian entry visa and work permit for digital nomads and remote workers The Italian Law no. 25 of 28th March 2022 has introduced a new entry visa and work permit which allows extra-EU citizens to enter and stay in Italy in order to carry out their working activity. (“Digital Nomads Work Permit”). Both self-employed individuals […]
A look at Italy’s attractive new tax regimes for inpatriate workers and pensioners
Italy on January 3rd, 2022
Back in 2019 and 2020 new, attractive tax regimes were launched for both employees and self-employed workers, and pensioners who transfer their tax residency to Italy. The Covid pandemic somewhat obscured the new regimes as permanent international moves, as opposed to temporary remote working, were blighted by the disruption. The new regime for inpatriate employees […]
Business immigration in Italy – the routes to obtaining a working visa and residence permit
Italy on January 3rd, 2022
1 – Italian Working Visa and Residence Permit Under Entry Quotas Non-EU citizens may obtain an Italian visa and residence permit upon meeting the conditions of the “Decreto Flussi”, a decree issued every year by the Italian government which sets out the specific and limited number (quotas) of extra EU citizens who may enter the […]
It is now possible to obtain Italian citizenship in shorter time
Italy on January 4th, 2021
It is now possible to obtain Italian citizenship in shorter time. The Law Decree n. 130/2020, entered into force on October 22nd 2020, has reduced the time needed to define the procedures in order to obtain the Italian citizenship for reasons of marriage or residence. These procedures, in fact, must now be concluded within 36 […]
Obtaining Italian Citizenship
Italy on January 2nd, 2021
It is now possible to obtain Italian citizenship in shorter time. The Law Decree n. 130/2020, entered into force on October 22nd 2020, has reduced the time needed to define the procedures in order to obtain the Italian citizenship for the reasons of marriage or residence. These procedures, in fact, must now be concluded within […]
Italy tax changes: rolling out the red carpet for impatriates
Italy on January 7th, 2017
Italy is rolling out the red carpet for international workers who acquire Italian tax residency, in a series of generous tax reforms. Employers of individuals incoming to Italy should familiarise themselves with the new rules, in case they impact upon the value of their incentive packages. The Impatriate regime: 50% exemption from income tax A […]
Brexit: Potential consequences on UK/Italy tax relations
Italy on January 9th, 2016
On June 24 the British people voted in favour of the UK leaving the EU. The vote itself does not automatically imply the withdrawal from the EU: It will only take place once Article 50 of the EU Treaty has been invoked and the UK is required to notify the European Council of this. The […]
Reform to simplify and streamline tax in Italy
Italy on January 1st, 2016
In 2014, the Italian Government took on the task of reforming and restructuring the tax system within one year. Its main aims were to tackle tax evasion, and to address the urgent need from both individuals and businesses to simplify and rationalise the complex Italian tax system. The final set of decrees, published on 7 […]
Italian tax changes for 2015
Italy on January 2nd, 2015
Following the introduction of the 2015 Finance Bill, a number of tax changes have come into force in Italy from January 2015. The key points are summarised below. 1. Increase in taxation of Italian pension funds From 1 January 2015, the substitute tax that is payable on the annual ‘net asset value’ increase in Italian […]
New income tax surcharge on stock option payments and variable compensation for managers of financial entities and clarifications on scope issued
Italy on January 7th, 2011
To the extent that bonuses awarded to certain employees of financial institutions exceed one third of the employee’s fixed compensation, the excess is liable to an additional 10% surcharge. Art. 33 of the Law Decree no. 78 of May 31, 2010, has introduced this 10% surcharge (on top of the personal income tax rate) on […]