Local Information
Local Time (LIVE): | 6:31 PM |
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Local Currency: | $1 = €0.88 |
Business Language(s): | English & Italian |
Tax Year Dates: | 1st January – 31st December |
With its broad economy, excellent geographical location and position in the EU, Italy offers a host of benefits to those looking to expand their business there. Having one of the highest export rates in the world, it is known for its diverse sectors including tourism, raw mineral extraction and processing, textiles, car production and fashion. Italy is also the second largest manufacturer in Europe after Germany.
So, if you’re looking to expand your business internationally to Italy, you’ll want a knowledgeable payroll and HR expert by your side. With varying regional production taxes and renowned complex bureaucracy and regulations, FMP Global are the international payroll and HR experts to help make sure your business remains compliant.