The economy of Italy has been started to recover after the economic crisis. The year of 2012 has been characterized by a strong recession concerning the economy of Italy: in 2010 the economic growth was 1,7%, in 2011 it was 0,4%, while in 2012 a 2,4 % drop has occurred.
An export import control system exists in Italy as well as in the European Union. Basically, EU member states do not require permission to place the products on the market; the product liability is valid for the distributor of an imported product and the manufacturer for a domestic product. However the distributor of the product may ask the competent institutes to test and to qualify the product.
Forms of business in Italy:
In Italy there are 9 business forms that one may choose, including self-employment and company forms which are reserved for companies, which are the followings:
Taxation in Italy
There are no restrictions on foreigners in the country, but only two types of business can be selected for foreign companies.