Italy

Ease of Doing Business in

Italy

This page shows summary Doing Business 2012 data for Italy. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region OECD high income
Income Category High income
Population 60,574,530
GNI Per Capita (US$) 35,090.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
87 83 down -4
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 77 67 up -10
Dealing with Construction Permits 96 93 up -3
Getting Electricity 109 108 up -1
Registering Property 84 82 up -2
Getting Credit 98 96 up -2
Protecting Investors 65 60 up -5
Paying Taxes 134 131 up -3
Trading Across Borders 63 63 No change
Enforcing Contracts 158 158 No change
Resolving Insolvency 30 30 No change

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 77 DB 2011 Rank 67 Change in Rank down-10
Indicator Italy OECD high income OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
6 -- 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
6 -- 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
18.2 -- 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
9.9 -- 14.1
No. Procedure Time to Complete Associated Costs
1 Deposit at least 25% of the amounts contributed in cash with a bank 1 day nominal (bank commission)
* 2 Execute a public deed of incorporation and company bylaws before a public notary; pay registration tax 1 day (simultaneously with previous procedure) EUR 3,638 notary fees; registration tax is included in procedure 5.
3 Buy corporate books and accounting books 1 day EUR 14.62 stamp fee for each 100 pages (3 books), EUR 25.00 registration fee per book (3 books)
* 4 Pay government grant tax to the post office current account 1 day (simultaneously with previous procedure) EUR 310
5 Register online with the Register of Enterprises (Registro delle Imprese) at the local chamber of commerce. 1 day EUR 168 for registration tax + EUR 155 for registration with Chamber of Commerce (EUR 65 for stamp fee and EUR 90 for electronic registration) + EUR 200 (membership fees)
6 Notify the competent Labor Office (DPLMO) the employment of workers 1 day no charge
* Takes place simultaneously with another procedure.

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