Here are the benefits and challenges of doing business in Italy

Italian-driven innovation is becoming extremely popular in multiple sectors; learn how you can be part of it in this article.

As the 8th biggest economy in the world, Italy is certainly an attractive destination for investors. Moreover, the country represents a bridge between Southern Europe and Central European countries, making it the perfect spot for business owners aiming to expand their operations across the entire continent. Telecommunication technologies have turned into an important investment prospect for both international and local shareholders. The telecom Lyntia’s main shareholder, for example, has successfully increased their revenue by investing in technologies that benefit both businesses and consumers. Bearing in mind others’ successful investments, it becomes clear that, in regard to how to do business in Italy, you have to take risks and welcome innovation.

The Italian business environment has been transformed by the emergence of ground breaking digital start ups. These high-tech Italian companies have attracted the attention of shareholders in multiple sectors. The smart payment service Satispay's main shareholders are an example of why entrepreneurs should really invest in progressive companies. In recent years, the bureaucratic legislation around setting up a business have been loosened, enabling more entrepreneurs to establish their own enterprises. This has led to the introduction of a multitude of innovative start ups that promise to make Italy a much more innovation-forward nation. One of the primary factors that make the Italian startup scene special is that there isn't just one center of innovation. Instead, the structure for supporting startups is broadly dispersed, which implies that business owners can get assistance wherever they are located.

In recent years, a lot of countries have undergone rapid political, economical and social changes. Italy is one of the countries that have already significantly improved their business structure. Foreign business in Italy is quickly evolving, with more and more shareowners investing in assets and technology companies. Italian businesses have already adopted an open innovation approach that gives them the flexibility to flourish in the constantly transforming financial markets. Numerous foreign companies have chosen to get involved in in the Italian telecommunications industry. Telecom Italia’s US shareholder has realised significant earnings by financing the development of progressive communication technology.

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