When you decide to open a business, in addition to contacting a law firm Italy, you ask yourself what are the main steps to follow. If you are not an expert, you can easily confuse your mandatory and necessary fulfilments so that your business is opened according to the law. In Italy, in fact, it is necessary to follow a procedure that sees the administrative obligations follow each other, starting from the opening of the VAT number, up to the registration of your company in the Register of Companies kept by the competent Chamber of Commerce territorially.
OPEN A VAT NUMBER
To start a business first you will need a VAT number. The VAT number is basically a code that consists of 11 numbers: the first 7 numbers connect the VAT number to the taxpayer who owns it, while the following three identify the code of the Revenue Office, the last number finally has a function control. To open a VAT number, you must go to the Revenue Agency and communicate the start of your business, within 30 days from the first day of business. In practice, fill in and deliver a declaration and you’re done. Opening a VAT number has no cost, but you have to consider the maintenance costs, which can be substantial. For new activities, it should be remembered that a flat-rate regime is currently in force, which allows you to benefit from reduced taxation in the first years of operation.
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