Italians Doing Business in the USA

•One-Stop Shopping •Guidelines •Business Services The Embassy of Italy, Economic and Trade Section supports and assists Italian firms in promoting their business activities and investments in the US as well US companies and entities interested in investing in Italy and importing Italian products and services. We work as a team in cooperation with the Italian Consulates located in Boston, Chicago, Detroit, Houston, Los Angeles, Miami, New York, Filadelfia, San Francisco, as well as the other Italian institutions located in the US (Bank of Italy, Italian Cultural Institutes, Italian Trade Comission, Italian Tourist Board, the Italy-America Chambers of Commerce).

Italy is ranked fourth among European countries for Gross Domestic Product, Italian production constituting more than 13% of the European Union’s GDP.

As a result of the nature of its productive system, Italy’s division into sectors of economic activity is similar to that of the principle European countries, with 27.7% devoted to manufacturing and construction and almost 70% to services. Located in the heart of the Mediterranean, Italy is a crucial crossroads for land, sea and air routes linking the North and South of Europe. The Italian market offers countless opportunities to businesses in expansion, with almost 60 million consumers and a GDP ranked fourth in the European Union. Thanks to its strategic placement, Italy makes it easy to reach the 396 million consumers of the other Union member countries and the 240 million of North Africa and the Middle East. It has also taken a leading position on the European market (11%), with an annual turnover of approximately 65 billion euro. Of all European countries Italy has the lowest start-up costs for the biotechnology sector, and takes second place for product testing in research and development, chemicals and electronics.

This section is intended to provide a brief summary - prepared by the Italian Trade Commission - of the U.S. Federal and State laws that an Italian investor needs to be aware of before establishing a business in the USA. It contains information relating to legal and fiscal requirements, employment regulations, investment rules, and incentives offered by several State administrations.

ICE (the Italian Trade Commission Website provides detailed information on how to invest in the United States)