At LDP we are ready to provide essential guidance and services for individuals and organizations, dealing with social security and pension obligations. Social security is a broad term encompassing various government-established programs designed to provide financial support to individuals whenever they face specific needs. These programs cover situations such as disability, old age, incapacity, unemployment and pensions. However, it’s important to note that social security systems can significantly differ from one country to another, and understanding and adhering to these systems is crucial.
For individuals employed by foreign entities that operate in countries without a comprehensive social security and pension convention with Italy, the landscape becomes even more intricate. Both employers and employees must ensure compliance with the applicable Social Security laws of the home and host countries, and this is where our expertise comes into play.
Another aspect of our services is clarifying tax residency. An individual’s tax residency status can significantly impact their tax obligations. Italian tax residents are liable for taxes on their worldwide income. On the other side, non-Italian tax residents are only taxed on income generated within Italy. Understanding and categorizing your tax residency status is fundamental for accurate tax compliance and tax payment.
Tax and Social Security Compliance Services
- Registration with Social Security and Pension Authorities: we assist in ensuring compliance with local social security and pension regulations and requirements.
- Payroll Management: streamline the complexities of payroll management for individuals and organizations operating in Italy.
- Preparation and submission of individual Tax Returns: our experts prepare and submit tax returns before the Italian Tax Authority, ensuring compliance and accuracy.
- Tax Payments: we facilitate the payment of Italian taxes, simplifying the process for our clients.
