Doing Business in Italy

Doing business in Italy is quite different from being in the United States. According to Business Monitor International (Italian Auto Report 30), Italy seems to be a promising business environment at first glance, and GDP per capita will increase in the future It is expected to increase in the year. . However, there are many cultural, administrative, geographical and economic differences that the business environment is very different from the United States.

& Lt; Tab / & gt; The main social risk of doing business in Italy is the organizational crime division in the south. Northern Italy is partner with other EU countries, but the southern part is still under organizational crime and is often referred to as mafia. For our company, we need to ensure not only compliance with government regulations but also activities in different cultures between North and South. We decided our production to concentrate in Italy. I believe having resources established in Italy will greatly help us when dealing with legality and tax issues. As mentioned above, we will create a well-written contract that restricts how other companies purchase our products and how they can be realized.

In Italy, it was the worst result in terms of taxation, rank 134, executive ranking 158. According to OECD's report, 87 countries in the world that is doing business in Italy are ranked. In addition, Italy was unable to supply the necessary energy demand and ranked 109th in terms of domestic access to electricity. Labor productivity is one of the main problems of the country. Some industries lack skilled workforce, others have very high unemployment rates. The main problem facing the country today is population productivity, one of the lowest in Europe. In addition, the wage rise rate of the people is 3%, more than 10 times the average 0.3% in Europe. Furthermore, it is not easy to take people off under the government's strong protection. This is the main obstacle of domestic free trade.

Italian economy is dominated by small family-run hotels and organizations - 92% of Italian companies are small businesses (("Italian Business; American Companies 2012"). Tourists' experience in Italy, Comfortable hotel chain comfort of our families Our US companies will face intense competition with local hotels and other European hotels.