Italy is a parliamentary democracy. Italy's overall economic structure is comparable to that of most other advanced OECD economies. Italy's main trading partners are other EU member states, in particular, France and Germany. Italy is an EU member state, as well as a member of the OECD. As an EU member state, Italy is required to comply with all EU directives and regulations and it follows EU regulations on trade treaties, import regulations, customs duties, agricultural agreements, import quotas, rules of origin and other trade regulations.
However, there are a number of issues, which you must consider when you are looking to set up your business in Italy. This document takes you through some of the common questions we come across and gives you practical information about the issues you need to consider.