have a lower INPS pension fund (and therefore a pension)
Posted: Mon Apr 21, 2025 4:59 am
the owner has not had an open VAT number in the previous three years;
if the activities you intend to carry out with the flat-rate VAT number are totally new (i.e. they do not represent the continuation of work previously carried out, even as an employee);
in the event of purchase of the business by third parties, if the latter had not exceeded the limit of €65,000.00 in turnover in the previous year.
PRO TIP
The 5-year count starts from the start of the activity, therefore:
If you start the business on 12/31/2020 the 5 years expire on 12/31/2024 (in practice 4 years later, instead of 5);
If you open a VAT number in 2020 but do not make any sales or cambodia email list services until 2021, the 5 years expire on 12/31/2025.
Last, among the economic advantages, is the 35% discount on the "fixed" INPS, that is, for those registered with the Gestione Commercianti or the Gestione Artigiani (to simplify for those registered with the Chamber of Commerce).
There is really a lot to say about how contributions work in Italy and I promise that, in the coming months, I will do an in-depth article to explain all the salient aspects of INPS, Casse Professionali, INAIL and the like.
What I can tell you, for now, is that this 35% discount is not painless, as paying less contributions also means:
have fewer months of contributory seniority (one year of contributions is worth only 7.8 months of contributory seniority).
PRO TIP
The “INPS discount” is not automatic! To benefit from it, you must submit an application through the social security drawer (the reserved personal area) within the INPS portal.
if the activities you intend to carry out with the flat-rate VAT number are totally new (i.e. they do not represent the continuation of work previously carried out, even as an employee);
in the event of purchase of the business by third parties, if the latter had not exceeded the limit of €65,000.00 in turnover in the previous year.
PRO TIP
The 5-year count starts from the start of the activity, therefore:
If you start the business on 12/31/2020 the 5 years expire on 12/31/2024 (in practice 4 years later, instead of 5);
If you open a VAT number in 2020 but do not make any sales or cambodia email list services until 2021, the 5 years expire on 12/31/2025.
Last, among the economic advantages, is the 35% discount on the "fixed" INPS, that is, for those registered with the Gestione Commercianti or the Gestione Artigiani (to simplify for those registered with the Chamber of Commerce).
There is really a lot to say about how contributions work in Italy and I promise that, in the coming months, I will do an in-depth article to explain all the salient aspects of INPS, Casse Professionali, INAIL and the like.
What I can tell you, for now, is that this 35% discount is not painless, as paying less contributions also means:
have fewer months of contributory seniority (one year of contributions is worth only 7.8 months of contributory seniority).
PRO TIP
The “INPS discount” is not automatic! To benefit from it, you must submit an application through the social security drawer (the reserved personal area) within the INPS portal.