[:en]It is now official that from 19.10.2012 with the publication of the Development Decree bis in the Official Journalthe existence of incentives for innovative start-upsas included in the otherwise known as Growth Decree.

The requirements for registration are briefly listed in the commercial register site:

  • corporation of Italian law whose shares or quotas representing the share capital are not listed and in which the majority of shares or shares are held by natural persons;
  • are not operational since more than 48 months;
  • carry out business activities in italy;
  • annual production does not exceed the EUR 5 million;
  • do not come distributed the profits;
  • concerns thetechnological innovation of innovative products and services with high technological value;
  • was not formed by a company merger/division or by the transfer of a branch of business;
  • invests at least 20% of the greater value between cost and total value of production in development, or employs doctoral or post-doctoral researchers as employees or collaborators, or holds or files patents for industry and biotechnology;

Concerning facilities the law no. 221 of 17 December 2012 established for, with the intention of facilitating registrationa series of exemptions aimed at setting up and registering the company in the commercial register, tax benefits, as well as exemptions at company law and specific discipline in labour relations in the enterprise.

They remember:

  • that the start-up is raised by the payment of stamp duty and secretarial fees due for entry in the commercial register as well as payment of the annual fee due to the chambers of commerce;
  • has the right to hire staff with fixed-term contracts of minimum duration of 6 months and maximum duration of 36During this time, contracts may also be of short duration and renewed several times. At the end of 36 monthsthe contract may not be renewed any further, if not the last of 12 months thus bringing the amount of the contract to 48 months. After this period, the employee may only continue working in the start-up with an open-ended contract;
  • i start-up collaborators may be remunerated by means of stock optionsand external service providers through the work for equity
  • can benefit from priority access to facilitations for the recruitment of highly qualified personnel;
  • were then tax incentives activated for investments in start-ups deriving from companies and individuals for the years 2013, 2014 and 2015;
  • by theIce Agency has ordered assistance in the field regulatory, corporate, tax, real estate, contractual and credit issues, free-of-charge hospitality at major international trade fairs and events, and activities aimed at facilitating the meeting of innovative start-ups with potential investors for early stage and expansion capital.

 

 

 
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