Understanding incentives in Italy
Discover with us the role of incentives and government grants in driving business performance, growth and innovation in Italy.
On February 2023, the Council of Ministers gave the green light for the creation of a new “incentives code” in order to block the extreme fragmentation of current incentive policies and achieve full efficiency of measures for businesses. The Ministry of Enterprise and Made in Italy (MIMIT) will have to adopt the delegated decrees within 24 months (December 2024).
The Reform is connected to the 2023-2025 Budget Law in line with the indications of the Economic and Financial Document and with the Recovery and Resilience Plan (RRP) and also includes among the objectives the simplification of the rules on investment and measures to facilitate the development of South Italy. In fact, the revision of incentives is a necessary step also for the promotion of Italian industrial policy which requires at national level a greater efficiency of the measures available for companies as well as an orientation towards global challenges such as the green and digital transition.
Understanding incentives in Italy
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