4 ms·

"Italian web developer." I was expecting something along the lines of Angola, or Salvador. In your case, Italy is Europe. Open a UK Ltd, or an Estonian Entity.

"Italian web developer." I was expecting something along the lines of Angola, or Salvador. In your case, Italy is Europe. Open a UK Ltd, or an Estonian Entity. Before you will have to worry about anything related to "esterovestizione" you'll already know whether the company is actually working or not. If you start to have cashflow, get an accountant, if you file your taxes in Italy, and there's nothing shady about the Company, you're doing nothing wrong.

napolux 7y ago
Nah, dunno if you're italian man, but "esterovestizione" is kinda peculiar. I would like to experiment (and pay taxes on profits, if any, as a person), then open a proper italian company.
- saverio-murgia 7y ago
  Then get a "partita Iva". It's free to open, allows you to invoice people and companies and pay taxes.
  - napolux 7y ago
    Plus 3K euros/year for nothing at INPS. Plus 2k/year for an accountant I did the math already.
    - saverio-murgia 7y ago
      Well, you did it wrong then. Unless you already had a partita Iva, we are talking about 5% tax on 67% of your income (depending on the activity you want to perform) plus about 25% inps for gestione separata with no ninum. That means that if you don't have taxable income from the Partita Iva, you are paying no taxes. The accountant is going to cost you less than 400 yearly if you pick a decent one (like the guys at fiscozen). My advice is to do some more math and research and maybe being more open to advices ;) By the way, opening an srl in Italy can be done autonomously without the need of the notary by following online wizards like the one from iubenda. It's kind of cheap and gives you limited liability. Saying that opening a company is complex makes me think you kind of don't understand how complex running a business is.
      - napolux 7y ago
        Having opened a company and managed it for years around 2008/09 I’m quite sure I know how it is. ;) I want to run some experiments, easily and fast. If not 100% needed I don’t want to invest time and resources in managing a company, for what probably is going to fail really fast. Never really looked into SRLs or similar recently. Thanks!
Scoundreller 7y ago
In most countries, technically, a 6 year old’s lemonade stand needs a license and to pay taxes on their 72 cents in profit. But nobody really cares about either. Until it becomes a business, it’s a hobby. If you’re not earning thousands in revenue per year, treat it like a hobby. Obviously, lots of caveats with that approach (e.g. your product has a high chance of killing someone), but meh, just start.

napolux 7y ago

Nah, dunno if you're italian man, but "esterovestizione" is kinda peculiar. I would like to experiment (and pay taxes on profits, if any, as a person), then open a proper italian company.

saverio-murgia 7y ago
Then get a "partita Iva". It's free to open, allows you to invoice people and companies and pay taxes.
- napolux 7y ago
  Plus 3K euros/year for nothing at INPS. Plus 2k/year for an accountant I did the math already.
  - saverio-murgia 7y ago
    Well, you did it wrong then. Unless you already had a partita Iva, we are talking about 5% tax on 67% of your income (depending on the activity you want to perform) plus about 25% inps for gestione separata with no ninum. That means that if you don't have taxable income from the Partita Iva, you are paying no taxes. The accountant is going to cost you less than 400 yearly if you pick a decent one (like the guys at fiscozen). My advice is to do some more math and research and maybe being more open to advices ;) By the way, opening an srl in Italy can be done autonomously without the need of the notary by following online wizards like the one from iubenda. It's kind of cheap and gives you limited liability. Saying that opening a company is complex makes me think you kind of don't understand how complex running a business is.
    - napolux 7y ago
      Having opened a company and managed it for years around 2008/09 I’m quite sure I know how it is. ;) I want to run some experiments, easily and fast. If not 100% needed I don’t want to invest time and resources in managing a company, for what probably is going to fail really fast. Never really looked into SRLs or similar recently. Thanks!

Scoundreller 7y ago

In most countries, technically, a 6 year old’s lemonade stand needs a license and to pay taxes on their 72 cents in profit. But nobody really cares about either. Until it becomes a business, it’s a hobby. If you’re not earning thousands in revenue per year, treat it like a hobby. Obviously, lots of caveats with that approach (e.g. your product has a high chance of killing someone), but meh, just start.