Main policy measures to support Innovative Startups according to the Italy's Startup Act (Decree 179/2012)
| Category | Policy measures |
|---|---|
| Administrative |
|
| Cost reduction |
|
| Labor |
|
| Financial |
|
| Fiscal |
|
| Services access |
|
| Category | Policy measures |
|---|---|
| Administrative | Adoption of a standard simplified model with digital signature and free incorporation procedure Flexible corporate management (shares with specific rights, financial operations on shares) fast fail bankruptcy procedure; simplified procedure or conversion to innovative SME in case of bankruptcy |
| Cost reduction | Cuts to red tape, exemption from payment of annual fees to Chamber of Commerce and other fees Extension of terms for covering losses Exemption from regulations on dummy companies Remuneration through stock options and work for equity schemes |
| Labor | Tailor-made labor law Flexible remuneration system; tax credit for hiring highly qualified personnel |
| Financial | Exemption from the duty to affix the compliance visa for compensation of VAT credit Possibility to collect capital through equity crowdfunding authorized online portals Fast-track, simplified and free-of-charge access for innovative startups to the SME Guarantee Fund) |
| Fiscal | Tax incentives for corporate and private investments in startups |
| Services access | Admission at Italian International Trade Agency support services program: ad hoc services to access foreign markets |
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