Italy is the 7th largest economy in the world and the 19th largest market for U.S. exports. There are many benefits to doing business in Italy. The appreciation of the Euro, the aging population, the influx of immigrants, the Italian strength in design and innovation, and the emphasis on renewable energy are just a few of the many incentives. In 2010, the Italian GDP was $1.77 trillion.
Country Commercial Guide
The Country Commercial Guide (CCG) is a comprehensive annual review of the Italian’s commercial, economic, political and investment environment. It includes information to assist those doing business in Italy.
Italian Public Holidays
Most offices in Italy are closed on Saturday, Sunday. 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. Furthermore, since Italy is a Member of the European Union (EU), it is important to be aware of and comply with EU technical and regulatory requirements.
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
Business Service Providers
The Business Service Provider directory is designed to help U.S. companies identify professional service providers to assist them make their way in Italy, in the assessment, completion, and/or financing of an export transaction… more
Using American Credit Cards in Italy
Americans are often dismayed to learn that their credit cards are not accepted where they would expect them to be. While it usually isn’t a problem in hotels, the problem does often arise in stores, restaurants, train stations, etc - and even on many local websites (for example, Trenitalia, the national railway). The problem is that while U.S. cards still primarily rely on magnetic-strip technology, 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. American travelers to Europe should be aware of this potential problem and be prepared. One solution is to pre-purchase as much of your travel online as possible before leaving home.