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Doing Business in Italy

Italy, the 8th largest economy in the world and the 20th largest market for U.S. exports, is not only a gateway to the European Single Market but it is a strategic logistics hub that links markets globally. With a tradition of R&D, innovation and design, coupled with a strong manufacturing base, Italy remains a major economic force in Europe. With limited GDP growth, U.S. companies are advised to look at the sectoral level for business opportunities.

In 2018, the Italian GDP was $2.072 trillion.

Country Commercial Guide
The Country Commercial Guide (CCG) is a comprehensive annual review of Italy’s commercial, economic, and political environment. It includes information to assist those doing business in Italy.

Italian Public Holidays
Italy follows a standard Monday-Friday work schedule. August is generally when Italians take vacation and is, therefore, not a advisable time for business travel. Here is a list of all the Italian Public Holidays.

The European Market
The European Union is our largest trading partner and the European market provides a wealth of opportunities for U.S. companies. As a member of the European Union (EU), Italy applies and enforces EU technical and regulatory requirements.

Export Standards
U.S. firms exporting to Italy must conform to EU standards and/or national Italian standards. In Italy, the national standards bodies are… more

Intellectual Property Rights (IPR) Toolkit for Italy
Italy’s protection of intellectual property lags behind that of many other Western European countries and, despite Italian government strides to improve protection, this remains an area of concern for U.S. companies doing business in Italy… more

Using American Credit Cards in Italy
U.S. issued credit cards that use the magnetic-strip technology may not work in stores and restaurants. Europe and much of the rest of the world has moved on to embedded microprocessor chips that require a pin at the point of transaction. These “chip-and-pin” cards have been widely adopted to reduce fraud. Many stores and other vendors in Italy will only accept these types of cards. It is important to know that American Express is not widely-accepted given that vendors have high fees on each transaction made.


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