Capital
Sources: DG for Communication
Currency
Sources: DG for Communication
Official Language
Sources: DG for Communication
Population
Sources: Eurostat
Discover in detail the advantages of each EU country.
Italiy offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.
Capital
Sources: DG for Communication
Currency
Sources: DG for Communication
Official Language
Sources: DG for Communication
Population
Sources: Eurostat
An additional regional tax (IRAP) of ~3.9% also applies.
Italy's standard 24% corporate tax rate (IRES) provides a stable foundation for businesses, supplemented by incentives for reinvestment and innovation.
International Tax Competitiveness Index 2023.
Italy's tax system, while complex, is undergoing reforms aimed at increasing competitiveness and simplifying compliance for international businesses.
A reduced 20% tax rate for companies that reinvest profits.
Italy encourages growth with a reduced 20% corporate tax rate for companies that reinvest profits in new assets and create new jobs.
Efficiency of starting a business and administrative support.
Italy is making business creation easier, with streamlined procedures and digital platforms that help entrepreneurs launch their ventures efficiently.
Annual real GDP growth rate forecast.
As a major G7 economy, Italy is projected to see steady growth, driven by its strong manufacturing sector, tourism, and ongoing structural reforms.
Availability of public and private funding for startups.
Italy has a well-developed financial sector and a growing venture capital scene, providing strong access to finance for startups and innovative companies.
Italy has implemented numerous reforms to improve its business climate, making it easier to enforce contracts, pay taxes, and trade across borders.
Italy's labour costs are competitive within the Eurozone, reflecting a skilled and productive workforce renowned for craftsmanship and design.
Progressive rates start from 23% up to 43%.
Italy's progressive personal tax system funds its renowned national health service, extensive social security, and rich cultural heritage, ensuring a high quality of life.
Overall measure of national health system performance.
Italy's national health service provides universal coverage and high-quality care, consistently ranking well for its accessibility and health outcomes.
Measures relative costs of goods and services.
Italy offers a rich and varied lifestyle at a moderate cost, with significant regional differences allowing for a range of affordable living options.
Evaluates national wellbeing and overall life satisfaction.
With its world-famous cuisine, strong social fabric, and deep cultural roots, Italy offers a unique and vibrant environment that contributes to a happy life.
Assesses national peacefulness, safety, and security levels.
Italy provides a safe and secure environment for its residents, with a stable political system and a strong commitment to public order as a member of the EU.
Percentage of population aged 20-64 that is employed.
Italy's employment rate is on an upward trend, reflecting economic recovery and creating new opportunities in its diverse labor market.
Measures the digital-by-default availability of key public services.
A leader in e-government, Italy offers a high level of digital public services, simplifying interactions and increasing efficiency for citizens and businesses.
Measures the change in consumer prices over time.
With inflation forecast to be low and stable, Italy's economy offers a predictable financial climate that protects consumer purchasing power and supports business planning.
Italy has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.
An EU citizen may enter in Italy on the basis of a valid travel document or another valid document confirming his/her identity and citizenship.
Entry into the Schengen Area and into the Italian territory of foreigners coming from external borders is permitted only to foreigners who meet a list of requirements.