Tips on how to start a new business
Starting a new business - The first steps to avoid mistakes-
Although we are in the midst of a deep economic crisis, there will never, fortunately, new business initiatives in the medium term that will give new life to the whole productive-economic system with a positive return for the labor market.
The Italian economy as well as important and prestigious industrial companies has always been based on a myriad of individual companies and micromprese that always represent industriousness and inventiveness all Italian.
This brief guide is aimed at those who want to start a new company.
From the fiscal point of view, the first formal for those who undertake an economic activity that is independent type of business, is to report to the Revenue by submitting a declaration within 30 days of the start of the activity or the company was founded. Basically, the main requirements to be fulfilled are:
- The request for allocation of the VAT number;
- The choice of the accounting regime.
Although it is a fulfillment of an administrative nature, please note that within 30 days from the beginning of almost all enterprises (both individual and corporate) are required to enroll in the Registry of Companies and Economic Administrative Index (REA ), the records kept at the Chamber of Commerce.
The VAT number is a code consisting of 11 numeric characters: the first 7 refer to the taxpayer through a sequential number, the next 3 identify the code of the Office, while the last is a control character. For persons other than individuals who were not already in possession of a tax code at the time of starting the business, the VAT number also assumes the value of the tax code. Request a VAT is quite simple and does not cost anything. The models that are used are those prepared to denounce the login (approved by the Director of the Agency of 12 November 2002) and are of two types, according to the legal status of the applicant:
- Mod AA9 / 7, for sole traders, self-employed;
- Mod AA7 / 7, for persons other than individuals (companies, organizations, etc.)..
They must be submitted in one of the following ways:
a) direct presentation (also by means of specially delegated person) to any local office of the Inland Revenue, in duplicate. The office will assign a free VAT number will remain unchanged until the time of closing, even if it were to change the tax domicile. This number must be shown on tax, in the home page of any website and in any other document where required;
b) mailing (by registered mail) to any local office of the Agency, a single specimen, enclosing a photocopy of an identification document of the declarant. In this case, the statements shall be deemed submitted on the day that is sent;
c) electronic transmission by the taxpayer directly or through intermediaries. In this case, the statements shall be deemed submitted on the day that is transmitted electronically to the Inland Revenue. The filing is the date of notification of the Agency, acknowledging receipt of the statement. Content of the statements The statements must contain the details of the taxpayer and information relating to your activity. If it changes one of the elements set out in the statement of commencement of activities (eg domicile for tax purposes), the taxpayer must submit, within 30 days, the declaration of variation (on the same models AA9/7o AA7 / 7) to any local office of the Agency Inland Revenue.
Content of the statements
The statements must contain the details of the taxpayer and information relating to your activity. If it changes one of the elements set out in the statement of commencement of activities (eg domicile for tax purposes), the taxpayer must submit, within 30 days, the declaration of variation (on the same modelliAA9/7o AA7 / 7) to any local office of the Inland Revenue.
Opening of a VAT at the Chamber of Commerce
As an alternative to the above described manner, those who are required to register in the Commercial Register or complaint to the Economic Administrative Index (REA), have the ability to open a VAT position or declare the cessation of their activity (for communication of change you still can not) directly at the Chamber of Commerce. As for the rules of presentation, a recent decree of the Ministry of Industry, predicted:
- For individual businesses, the presentation on paper, in duplicate with the use of the Model AA9 / 7, or electronic filing or computerized;
- For entities other than sole proprietorships, only the electronic filing or on computer (transmission, in this case, must be accompanied by a digital signature). The office of the Registrar of Companies it is then transmit the data electronically, the Inland Revenue, the operation was performed by giving a certificate to the taxpayer concerned.
The models are available from the website of the Inland Revenue www.agenziaentrate.it
Model for sole proprietors and self-employed
http://www.agenziaentrate.it/ilwwcm/resources/file/ebc14a4ee06714a/AA9_9_modello.pdf
Model for entities other than individuals
http://www.agenziaentrate.it/ilwwcm/resources/file/eb8cc34d2f18114/AA7_9_mod.pdf
18/03/2009
----------------------------------------
Translated via software
----------------------------------------
Source:
Italian version of ReteIngegneri.it