This section provides the necessary information and criteria to:
- explain the functioning of the Italian tax system and the main criteria for calculating direct and indirect taxes;
- choose the most appropriate legal form for your business;
- inform on the accounting and tax obligations currently in force;
- explain how Inland Revenue checks, audits and collects taxes;
- suggest available instruments to manage litigation with Inland Revenue;
- provide an overview of tax and contribution facilitations for business activities.
How taxation affects a company
When a company is founded, a number of obligations are to be fulfilled, but some facilitations are also available.
If you want to start off on the right foot in the tax management of your business, you will need to acquire the necessary resources and skills to deal with a difficult process, but also to benefit from great opportunities.
Understanding how it works means:
- knowing which taxes and the administrative and tax obligations are to be complied with;
- knowing how to evaluate the legal form that is best for your specific company;
- keeping all the documents related to your business in an orderly and systematic way;
- keeping yourself updated periodically on new laws;
- organizing your company through an efficient information system;
- enhancing opportunities that national regulations provide to support enterprises.