Italy

Ease of Doing Business in

Italy

This page summarizes Doing Business 2013 data for Italy. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. 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 60,770,000
GNI Per Capita (US$) 35,330
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
73 75 down 2

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
65.8 65.0 down 0.8
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 84 76 up -8
Dealing with Construction Permits 103 100 up -3
Getting Electricity 107 109 up 2
Registering Property 39 47 up 8
Getting Credit 104 97 up -7
Protecting Investors 49 46 up -3
Paying Taxes 131 133 up 2
Trading Across Borders 55 59 up 4
Enforcing Contracts 160 160 No change
Resolving Insolvency 31 32 up 1

Economy Profile

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Subnational Data


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 2013 Rank 84 DB 2012 Rank 76 Change in Rank down-8
DB 2013 DTF** (% points) 87.6 DB 2012 DTF** (% points) 87.4 Improvement in DTF** (% points) up0.2
YearNew business densityNumber of new limited liability companies
2011 1.6364,591
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)
16.5 -- 4.5

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)
9.7 -- 13.3
No. Procedure Time to Complete Associated Costs
1 Deposit at least 25% of the amounts contributed in cash with a bank 1 day no charge
* 2 Execute a public deed of incorporation and company bylaws before a public notary; pay registration tax 1 day (simultaneously with previous procedure) EUR 3,222 (Notary fees) + EUR 168 (Registration fee) + EUR 156 (Imposta di bollo)
* 3 Buy corporate books and accounting books 1 day (simultaneously with previous procedure) EUR 14.62 stamp fee for each 100 pages (3 books), EUR 25 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 the Company through Comunicazione Unica 2 days EUR 200 (membership fees) + EUR 90 (registration fee with chamber of commerce)
* 6 Notify the competent Labor Office (DPLMO) the employment of workers 1 day (simultaneously with previous procedure) no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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