Each year, our professionals assist dozens of clients in obtaining the best solutions regarding Travel Policies and Immigration. From Expat Benefits to Visa processes, our support is essential for those with ambitions and business ventures beyond their national borders. We specialize in handling income tax implications and achieving social security compliance, a crucial aspect when it comes to transferring employees from one country to another.
In today’s globalized business environment, our Global Mobility services ensure that your global workforce operates seamlessly, adhering to international regulations and contributing to the success of your company.
The term refers to a function – often within the HR function of a company – that defines a multinational corporation’s capacity to move its employees to offices in different nations.
Services includes expatriate payroll, compensation and benefit privileges, immigration, social security and tax matters.
An individual is due to pay taxes in Italy based on his/her Italian tax residency. It the individual qualifies Italian tax resident, taxes are due in Italy on the worldwide income of the taxpayer. On the contrary, only income sourced in Italy are subject to Italian taxes.
LDP can help you to assess your tax residency and to act in compliance with the Law, optimizing the tax burden.
Citizens of the EU do not need permit to live and work in Italy; they are only obliged to register with the Office of Record of Resident Population, within 90 days from the date they enter in the Italian territory.
Extra-EU citizens are required to apply for work permit in order to regularly live and work in Italy. Under conditions, special permits (i.e. investor VISA, start-up VISA and elective VISA) are available for individuals who are self-employee or are not employed but intend to relocate permanently or invest in Italy.
LDP may help you to identify which kind of permit fits your needs and may assist you in obtaining it.
A special regime for “new resident” is available. Under conditions, the regime allows individuals who transfer their tax residency in Italy to opt for a substitutive tax of 100.000 Euro – to be paid each year – on the income sourced abroad, regardless the amount of the foreign income.
The option for this regime is valid for 15 years and it is extensible to members of the family of the taxpayer who applies for it; the members of the family will pay a reduced amount of 25.000 Euro each.
Under this regime, no inheritance or donation tax is due for the assets located outside of Italy.
LDP may help you to analyse your position in order to understand if you are eligible for this regime and may assist you in the necessary fulfilment requested.
Extra-EU citizens are required to apply for work permit in order to regularly live and work in Italy. Under conditions, special permits (i.e. investor VISA, start-up VISA and elective VISA) are available for individuals who are self-employee or are not employed but intend to relocate permanently or invest in Italy.
LDP may help you to identify which kind of permit fits your needs and may assist you in obtaining it.
A Global Mobility advisor works to implement global assignment services for companies and their workers. It involves making sure all relocations and changes go as smoothly as possible and respect the law requirement of both the Country of origin and in the Country of destination.
Generally social security and pension contributions are due in Italy based on the territoriality principle. However, special provisions apply based on the Country of origin of the assignee and payment of social security and pension could be avoided.
LDP can help you and your employer to assess your social security obligation and to act in compliance with the international and internal regulations.
The Italian Government has introduced a special tax regime which provides, under conditions, for a tax exemption of the 50% of the employment income produced in Italy, up to 5 years.
To get the regime, the general rules provide that potential beneficiary must:
Special rules are provided for individual who transferred before the 31/12/2023, who bought a real estate property in Italy or who have minor child. LDP may help you to analyse your position in order to understand if you are eligible for this regime and act accordingly.
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LDP provides Tax, Law and payroll scalable and customised services and solutions. LDP Professional have also matured a significant expertise in M&A, Corporate Finance, Transfer Price, Global Mobility Consultancy and Process Automation.
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