How to Open a Branch in Italy: Here are The Necessary Requirements

How to Open a Branch in Italy: Here are The Necessary Requirements

Here are all the instructions to understand how to open a business in Italy. Let’s see all the steps to follow and the necessary fulfillments.

Many wonder what are the main steps to follow to open a business in Italy. Often there is confusion about what are the various steps necessary for setting up a business.

This is a procedure that involves a series of administrative obligations, starting from the opening of the VAT number, up to the registration of your company in the Register of Companies kept by the competent Chamber of Commerce territorially.       

To try to clarify what is the procedure to follow, we see below step by step how to open a branch  in Italy and which are the bodies to contact.

How to start a business in Italy? Open a VAT number

All those who intend to start a business must first open a VAT number.

The VAT number is basically a code made up of 11 numbers: the first 7 numbers connect the VAT number to the taxpayer who owns it, while the following three identify the code of the Revenue Office, the last number finally has a function control.

To open a VAT number, you must notify the Inland Revenue of the start of your business, within 30 days from the first day of business, by means of a specific declaration written on model AA9 / 7 if you want to open a sole proprietorship or the model AA7 / 7 if you want to start a company.

These models can both be downloaded from the Revenue Agency website.

At the time of the opening of the VAT number, it will also be necessary to choose the ATECO code of the activity that you intend to carry out and the type of accounting regime …

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Five Strategic Steps for Startup Marketing

There have been many tips that provide information about how to build a startup with the Digital Agency Gold Coast, a powerful tip to find reasonable and other startup ideas. This time I want to share how to implement the right marketing strategy when the product has been made and ready to be thrown to the public.

1. Remarketing

The Digital Marketing Agency site myrobotmonkey describes the correct definition of remarketing which is an advanced feature on Google AdWords especially for the Google Display Network. When used properly this feature is very powerful for increasing sales conversions. Because this remarketing feature will display Google AdWords ads on those who have visited the site. Remarketing is the most basic way that must be done to increase awareness, traffic and ultimately sales.

One way that can also be used for marketing strategies is to install Facebook custom audience pixels. This is important so that you can target consumers who already know your product through advertisements on Facebook. The method is fairly easy, you can simply upload a list of emails and cell phone numbers of at least 20 people, then automatically the custom audience will send the ad. You can also reach more consumers by utilizing the number of visitors who see sites and mobile applications.

2. Email and marketing content

Content marketing is now one of the easy steps that has proven to reach more consumers, so make sure when the product is ready to be launched, create massive and educational marketing content. Determine what marketing content is right for your product and who the market wants to target.

No less important is the choice or opt-in option or the option to opt-out must always be on the site or the marketing content and e-mails are spread. Do not let …

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CEO of Lead Funding, Victor Mitchell, Lists 9 Common Mistakes When Starting a New Business

CEO of Lead Funding, Victor Mitchell, Lists 9 Common Mistakes When Starting a New Business

Starting up a new business is always a challenge, demonstrated by the fact that approximately 50% of new businesses will fail within the first five years. Knowing what the common mistakes are that result in business failure can help new entrepreneurs ensure that they avoid the same mistakes, allowing their organization to grow and thrive. Successful businessman and life-long entrepreneur, Victor Mitchell, lists some of the most common mistakes new business owners make:

Choosing the wrong business structure. Many new business owners will start as sole proprietorships, as there’s less administrative hassle. However, LLCs and corporations are much more robust and can protect personal assets from liability. Smart business owners will consult many resources before settling on the best fit for their enterprise.

Doing everything alone. Many new entrepreneurs fall into the trap of taking on all the roles of the company themselves, leading to burnout and a failed business. All businesses are based on teamwork and delegation of tasks, so ensuring that there’s a strong team in place from the beginning of the venture will set the business up for success.

Hiring the wrong people. There is usually a lot of emphasis on culture fit in new businesses, resulting in the hiring of people based on their personality instead of their skills. Businesses thrive on having skilled employees, not employees that are fun to be around.

Never take risks. All business ventures require some form of risk, and businesses that avoid all risks and play it safe all the time are those that are most likely to fail. Sometimes a calculated risk can turn the fortunes of a small business around.

Taking on too much. While expansion and growth are essential to the success of a business, so is building a solid foundation and infrastructure …

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Is your business ready for the April 2019 VAT changes?

VAT changed April 2019 Explained

Is your business ready for the April 2019 VAT changes?It’s now less than a year until businesses that file VAT returns will need to do so online via accountancy software. Apart of the Making Tax Digital (MTD) programme, the initiative means some 2.5 million VAT registered businesses in the UK with a turnover exceeding £85,000 will need to submit their VAT returns through software compliant with that of MTD rather than through the HMRC portal.

Both businesses and their accountants are therefore being required to set up and use online software such as QuickBooks, Xero and Sage.  But many companies are still unprepared for the changes. So what can you do to ensure you comply in time? Here, we offer some tips:

Educate yourself and your staff

The first thing to do is confirm – as soon as possible – that your organisation is subject to MTD. There are a few exclusions, including being subject to an insolvency procedure, or being a member of a religious society that has beliefs incompatible with using electronic communications.

If you aren’t exempt, you’ll need to sit down with your accountant to discuss how the changes will affect your business and come up with a new process for billing, preparing accounts and filing data. You can then begin to research different software options to see which would suit your company best.

Inform your staff

Allow your staff as much time as possible to get on board with the idea of digital accounting. Speak to them about what the changes involve and why moving to online accounting is necessary. You may then want to appoint a champion or group of champions – depending on the size of your business – to lead the introduction of the programme.

Introduce the software

Once you’ve found an online provider that fits with …

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New Techs And Gadgets That You Can Use In Business

The number of techs and gadgets are increasing constantly with the development of technology. Now more people are getting inclined towards using these techs and gadgets to make their work easy and more productive. In this article, some of the newest gadgets and techs that had been gaining popularity will be discussed.

New Techs And Gadgets That You Can Use In Business

VOIP phone system

They are the new generation phone system that connects your phone to the internet. It is better than a traditional landline in many ways. It can be used to call from a mobile, desktop and also be used to connect to software that are vital to the business. It has been giving business users many advantages and benefits in recent years.

New POS systems

POS stands for point of sale system. Due to the advancement in technology now there are many easy ways to monitor the pos systems. A touch screen pos system makes the job of monitoring the system very easy. New gadgets are on the process of being developed to make the system easier to monitor.

Wall mounted TV dashboard

Now it is common to see a wall-mounted TV dashboard in the office mostly situated in a place where most of the employees can see it. It displays a dashboard where maximum information on the performance of the team as a whole can be displayed. It keeps the team reminding that their efforts and performance are constantly being monitored and also evaluated. The TV dashboard is also used to display notices to the employees.

Earbuds

You would need to make many business calls in the office if you are in marketing or if you are in sales. Earbuds can keep your hands free so you can multitask while making a call. It is one of the best gadgets that can make your life …

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