- Overview: Italy
- Global HR Compliance
- Global PEO and payroll
- Work permit for hiring expats via PEO
- Expand without a company set up
- Contractor vs. employee: which is better?
Global PEO and Payroll in Italy
Getting your business up-and-running in Italy can be challenging, especially if you do not speak the native language. Establishing your own business entity in Italy is an option to be considered as you expand abroad. But before you invest valuable resources in setting up business in Italy, you should be fully aware of the risks involved.
Acumen’s Global PEO and Payroll solution was designed especially for companies like yours, to smooth the way for quick, easy and risk-free business operations in Italy, without having to establish a legal business entity.
Acumen International – Your Professional Employer Organization in Italy
Navigating the Italian legal system and adhering to regulations governing employment and taxation can be challenging for businesses, especially if you are not a native Italian speaker. Partnering with Acumen International as a global Professional Employer organization (PEO) provides you with the local knowledge and support you need to conduct business in Italy without concern for legal and compliance risks.
Whether you represent international client companies or you are taking your own business operations abroad, Acumen International’s Global PEO and payroll service allows you to hire and payroll local and expat employees in Italy. With Acumen in your corner, you can quickly and easily onboard and compensate your employees without risk of legal repercussions.
International Global Payroll and Taxation in Italy
Employment related taxes
Italian law provides for a comprehensive system of social insurance covering the following:
- Disability, old age and survivorship
- Illness and maternity;
- Unemployment and “mobility”;
- Family allowances;
- Health care;
- Labor injuries;
- Professional diseases.
The system is controlled by the government, with various sections administered by separate public institutions, most notably, the National Institute for Social Security (Istituto Nazionale Previdenza Sociale, or INPS). Collective labor agreements provide for compulsory additional coverage through pension and health funds. Both employers and employees usually make contributions to these funds.
Taxation of Employer. (just descriptions of types and possible procedures of taxation, with a link on payroll calculator): Social security contributions are made by both the employee and the employer. The Italian employer, in order to pay social security contributions for employees, must register with the Italian Social Security Administration (Instituto Nazionale Previdenza Sociale or INPS).
13th salary in Country
Italian law provides for an annual 13th payment, paid once a year on the occasion of the Christmas holidays that usually corresponds to one month’s remuneration. In addition, NCBA or even individual contracts may provide for the payment on the 14th payment, usually paid in July.
Ready to get started? Request a quote!
How Acumen’s International PEO and Payroll Service can Benefit Your Business in Italy
Compensating your local and expat workforce in Italy and closely adhering to Italian taxation requirements can divert your attention and resources from activities that help your business grow. A reliable global employment solution like Acumen’s Global PEO and Payroll service can take a substantial burden off your shoulders so you can focus on running your company.
Outsourcing the administrative and compliance tasks involved in employee payroll is one approach, but we have a better solution. Acumen International offers a global PEO and payroll solution that goes beyond outsourcing. We hire and compensate your global workforce on your behalf, and take care of all the details of payroll while ensuring full compliance with Italian labor and taxation laws.
It is important to note that Acumen does not provide international global payroll services as a standalone solution, but only as a part of our global PEO and Payroll solution.
Our comprehensive global PEO and payroll services are just some of the benefits of partnering with Acumen International. We make it easy for you to achieve your business goals in Italy by officially employing and compensating your best selected global talent – both locals and expats – without concerns for legal and compliance risks faced by global employers.
Disclaimer: Any of the above information is subject to changes imposed by Italian laws. To get the latest updates on taxation in Italy and in 190 countries worldwide, contact Acumen’s team of global employment experts.