Italian

Innovative Start-ups are limited companies /cooperatives whose corporate purpose is explicitly related to development, production and commercialisation of innovative goods/services of high technological value.
Innovative start-ups have to meet the following requirements:

• The headquarters must be based in Italy, or alternatively, in another EU/EEA Member State, provided that a production facility or a branch is based in Italy;
• They have been established from no more than 60 months prior to the date of applying;
• The latest annual turnover is below €5 million;
• The profits must not have been distributed;
• They do not derive either from a spin-off or from a company merger/demerger.

Innovative start-ups can receive a series of benefits:

• Tax benefits, with regard to the Business Register;
• Flexible corporate management;
• Dedicated labour law;
• Simplified administrative procedures;
• Equity crowdfunding;
• Exemption from ordinary insolvency proceedings.

A company that meets the aforementioned requirements can obtain the status of Innovative Start-up by registering with the special section of the Business Register.

Procedures and regulations

To apply for registration with the special section of the Business Register you have to submit online a Single Business Communication (“Comunicazione Unica”). A declaration on the applicant’s requirements, necessary for establishing an Innovative Start-up, has to be attached to the application.