Italy free zones

List of free zones in Italy

  • The Italian government operates one free trade zone: the Free Port of Trieste (northeast of Italy) and the Free Port of Venice;
  • Both these free zones are Control Type I, which means goods placed within the perimeter fence that is monitored by customs, are automatically under the free zone regime;
  • These zones offer i) exemption from VAT for non EU goods in transit ii) deferred VAT payment on merchandise imported into the EU iii) nondiscriminatory right of entry for ships and cargos and iv) no customs intervention.
Free zone comparisonFree Port of Trieste
FTZs used mostly by which industry?Shipping
Average annual industrial space rent per 1000 sq. m.€1,255
How long to set the company up?4 weeks
How long to open company bank account?4 weeks
Quality of utilitiesGood
Allowed to sign sales contracts with Italy Clients?No
Allowed to invoice Italy Clients?No
Corporate tax payable in ItalyYes
Corporate bank accountYes
Physical office space requiredNo
Allowed to import raw materials?Yes
Allowed to export goods?Yes
Can be wholly foreign ownedYes
Can the entity hire expatriate staff in Italy?Yes
Minimum number of directors1
Minimum number of shareholders1
Tax registration certificate requiredYes
Individual shareholders allowedYes
Corporate shareholders allowedYes
Corporate director(s) allowedYes
LLC company allowed?Yes
Annual audited financial statementsYes

Frequently asked questions

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For additional information on our free zone company registration services in Italy, please email us at Alternatively please contact our in-house country expert, Ms. Zhang Yi, directly:
client relationship officer - Zhang Yi