close

Newsroom

Italy’s The Florentine magazine publishes Investors Visa Program feature article, written by MGI Worldwide with CPAAI member firm, MGI Vannucci & Associati

31st July 2020

MGI World Florence landscape background image with MGI Vannucci and Member of MGI logos overlaid

In a recently published article by international online newspaper, The Florentine, global accountancy network member, Pierpaolo Vannucci, from Lucca-based MGI Vannucci e Associati discusses new business opportunities available for international investors in Italy.

Read the full article HERE

Pierpaolo refers to recent comments made by the Ministry of Economic Development, who showcased 10 excellent reasons for foreign investors to invest in Italy:

Benefits to foreign businesses considering investing in Italy

  1. One of the main economies and markets in the world
  2. A strategic logistics hub that connects global markets
  3. A key global player in production and export
  4. A highly competitive machinery sector and a strong "Made in Italy" brand
  5. A hub for excellence in research and development and innovation
  6. A qualified and competitive workforce
  7. An unparalleled cultural offer and a country brand
  8. A solid set of policies and incentives to improve competitiveness
  9. A reform-oriented, pro-business and pro-growth administration
  10. A country open to foreign investment

The Investor Visa for Italy

The article goes on to explain how the Investor Visa has been introduced to attract foreign capital and talent by allowing foreign investors to enjoy important tax benefits and immigration concessions.

The investor visa for Italy is valid for 2 years for non-EU citizens who choose to invest in strategic activities for the Italian economy and companies.

Incentivised tax investments for innovative start-ups

A range of incentives has been offered to both individuals and limited companies. For individuals, an income tax deduction equal to 30% of the amount invested, up to a maximum contribution of 1 million euro is offered, or 50% for investments up to 100,000 euro. Limited liability companies benefit from a deduction from the taxable amount for IRES purposes equal to 30% of the investment, with a maximum threshold set at 1.8 million euro.

MGI Vannucci & Associati boasts many years of recognized experience in start-ups and consultancy on international investments in Italy and can provide support and assistance in your investment choice. Please contact Pierpaolo Vannucci at vannucci@vannuccieassociati.it for more information about any details concerning the article, or if you have any questions about investing in Italy.

MGI Europe is part of MGI Worldwide with CPAAI, a top 20 ranked global accounting network and association with 10,000 independent auditors, accountants and tax experts in some 460 locations in almost 100 countries around the world.

Read more on Member news and Europe

MGI World Haruna Yahaya ICAN 518X362

Haruna Yahaya elected 2nd deputy vice president of the Institute of Chartered Accountants of Nigeria (ICAN)

28th July 2021

Haruna Yahaya, managing partner for MGI Worldwide CPAAI member firm in Nigeria, Haruna Yahaya &...

MGI World Purple clock image with text overlay and MGI Studio Pragma logo

Italy-based MGI Studio Pragma attract business and encourage growth with newly developed financial planning software

19th July 2021

Active members of the network since 2004, MGI Studio Pragma, based in the Italian coastal town of...

MGI World Multi-generation family with logo and text

Clients of California-based member firm RINA Accountants & Advisors benefit from strengthened Trust & Estate Services

16th July 2021

California-based MGI Worldwide member firm RINA Accountants & Advisors, is pleased to announce...