Tax Incentive for Attracting Human Capital in Italy

25 January 2019

Several categories of NON-EU workers are cap-exempt and the quota limitation system which is the general rule in Italy does not apply to them. In particular, the “quota system” does not apply to:

  • highly specialized workers, managers and trainees on assignment to companies of the same group;
  • highly qualified workers in possession of an University degree with a job offer in Italy of at least 1 year and a salary of at least € 25,000;
  • workers assigned to provide services pursuant to a service agreement stipulated by the Italian host company;
  • researchers;
  • journalists;
  • entertainment, TV and film crews; foreign professors and more.

A special and favourable tax incentive is granted to several categories of people who move to Italy from abroad, including Italian citizens who repatriate.

In addition, a very favorable flat tax regime can be applied to new residents who move to Italy regardless a specific work activity. High-net-worth individuals moving their tax residence to Italy are enabled to apply a substitute tax to their foreign income, amounting to €100,000 for each fiscal year, in lieu of the Italian Income Tax. Additional and detailed information can be found on the Italian Revenue Agency website below:

Agenzia delle Entrate
Tax incentives for attracting human capital in Italy

Author:

Marco Mazzeschi

One of the leading corporate immigration lawyers in Italy. Admitted to the Milan Bar Association (1988) and to the Taipei Bar Association (2016), a member of the American Immigration Lawyers Association (AILA) and of the International Bar Association (IBA). Marco Mazzeschi, the founder of Mazzeschi Srl, has 30 years of experience in corporate immigration and commercial law. He is “an absolute top name” who stands out as “the most prominent attorney in Italy” in the area according to Who’s who legal’s Corporate Immigration 2019: Analysis, he is also the most highly recommended immigration lawyer in Italy in the WWL 2018’s research.

mm@mazzeschi.it
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