Crafts & services

Accounting, payroll and taxes from a single source

Depending on size and legal form, craft businesses keep simplified or ordinary accounts. Since the introduction of e-invoicing, incoming and outgoing invoices run through the national exchange system (Sistema di Interscambio, SdI), which simplifies processes but also makes errors immediately visible. For many businesses, the tax authorities also calculate tax reliability indicators (ISA), the results of which can affect audits and benefits.

For employees, payroll, the collective agreement and social security must be aligned. How owners are classified for contribution purposes depends on their activity and personal situation. We check which insurance and which filings are required in each case.

Tax bonuses for renovation and construction work

Many trade businesses work for customers who want to claim tax deductions for renovation, energy efficiency or the removal of architectural barriers. The requirements, percentages and caps of these bonuses have changed several times in recent years, and the once common option of an invoice discount (sconto in fattura) or transfer of the tax credit is now only available in exceptional cases.

For you as a business, it is important that invoices contain the required details and that customers pay by a special bank transfer on which the bank applies a tax withholding. For work on buildings, the reverse charge mechanism may also apply, for example if you act as a subcontractor.

Legal form, funding and growth

Many businesses start out as sole proprietorships (ditta individuale). When the business grows or partners join, the question arises of a partnership (snc, sas) or a limited liability company (srl). The decision affects liability, taxation, social security contributions and accounting obligations and should therefore be backed by figures.

The Province of South Tyrol supports craft businesses with investments, digitalisation and training, among other things. Criteria and deadlines change regularly. We check which programmes are suitable for your project and support you with the application and the claim.

• Comparative calculation of legal forms
• Registration with the Companies Register and, where applicable, with the register of craft businesses (Albo delle imprese artigiane)
• Grant applications to the Province and the Chamber of Commerce
• Financing machinery and vehicles

Business handover and succession

Handing over to children, employees or an external buyer requires lead time. Issues to clarify include the value of the business, the right form of transfer, such as gift, sale or contribution to a company, and provision for the transferors and for siblings who do not take over.

For transfers of businesses within the family, Italian law provides an exemption from inheritance and gift tax under certain conditions, for example if the business is continued for a minimum period. We explain the options and coordinate with the notary and lawyer where necessary.