If you’re thinking of exporting to Italy, here’s everything you need to know…<\/p>\n
<\/p>\n
What are the pros and cons of exporting to Italy?<\/h2>\n
Italian businesses are becoming more and more global, particularly the growing number of small and medium enterprises (SMEs), and so now could be a good time to offer professional services or goods.<\/p>\n
If you’re looking at doing business with Italy, the benefits to your business include:<\/p>\n
- \n
- European Union (EU<\/abbr>) market, so no tariffs<\/li>\n
- similar regulatory framework to UK and modern intellectual property protection practices<\/li>\n
- appreciation for British professional services and technologies and quality consumer goods<\/li>\n
- easy access from the UK with low cost flights from several regional airports<\/li>\n
- only 1 hour ahead of UK time<\/li>\n<\/ul>\n
While the strengths of the Italian market are:<\/p>\n
- \n
- modern infrastructure<\/li>\n
- high level of internationalisation and entrepreneurship, with fully integrated supply chains<\/li>\n
- strong manufacturing and innovation capability in several areas<\/li>\n
- gateway to Mediterranean and Middle East markets, where the lifting of Iranian sanctions could increase exports by EUR 3 billion over the next 4 years<\/li>\n
- hosts many trade exhibitions with global appeal<\/li>\n
- one of the world\u2019s highest rates of household wealth<\/li>\n
- one of the world\u2019s top 5 tourist destinations<\/li>\n<\/ul>\n
And although doing business in Italy is very similar to doing business in the UK, you may find yourself chasing companies for payment.<\/p>\n
Payment times are a lot longer than in the UK and are currently anything up to 80 days, so you may have to sit tight.<\/p>\n
Other challenges include:<\/p>\n
- \n
- complex bureaucracy and regulations<\/li>\n
- slow judicial system<\/li>\n
- unfair competition due to cases of bribery, corruption and tax evasion<\/li>\n<\/ul>\nIf you\u2019re doing business in Israel, you\u2019ll need a reliable and cost-effective teleconference<\/a>\u00a0provider to help keep on top of business matters with overseas colleagues and clients. Here\u2019s\u00a0How to set up a conference call between the UK and Italy<\/a>.<\/em><\/div>\n
![\"\"](\"https:\/\/www.conferencecall.co.uk\/blog\/wp-content\/uploads\/2015\/05\/conference-call-banner.jpg\")
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