The applicable CCNL sets minimum pay, but also notice periods, severance terms and employee classification. Choosing it wrongly affects the whole employment relationship, not just the payslip.
- EU Blue Card
- Reporting consistency
- What is the difference between an SRL and an SpA?
Operating in Italy requires coordination across a dual national-regional tax structure, an INPS contribution system with sector-specific variation, and a severance mechanism that accrues continuously and must be tracked, revalued, and reported for every employee, every year.
TFR is frequently underestimated by companies modelling Italian employment cost from base salary alone. As a continuously accruing liability with its own revaluation mechanism, it requires year-round tracking, not a year-end estimate.
What an employee costs in Italy. Every figure below is published on the Italy country page.
| Italy | |
|---|---|
| Minimum share capital | SRL: €10,000 standard (€1 possible with reserve obligations) · SpA: €50,000 |
| TFR (severance) | Annual salary ÷ 13.5 + 1.5% revaluation + 75% of ISTAT inflation — accrued for every employee |
| Annual accounts filing | Annual accounts (bilancio) approved within 120 days of year-end (180 in defined cases) and filed electronically with the Chamber of Commerce |
| Statutory audit | Statutory audit (revisione legale) mandatory above 2 of 3 thresholds: €5.5M balance sheet, €11M turnover, 50 employees — aligned with EU harmonized thresholds |
| Company registry | Chamber of Commerce (Registro delle Imprese), via notarial deed |
What makes it complex in Italy
- EU Blue Card — processing, with ISTAT-indexed thresholds revised periodically.
- Reporting consistency — between Italian statutory accounts and group-level requirements.
What is the difference between an SRL and an SpA?
An SRL has a standard minimum capital of €10,000 (a reduced-capital version from €1 is possible but carries mandatory profit-reserve obligations) and suits most operating subsidiaries. An SpA requires €50,000 and a more formal governance structure, typically used for larger or capital-market-facing entities.
EU Blue Card is one of the points HTLC Network handles for clients operating in Italy, within a single engagement that covers every other country they operate in — executed locally, governed centrally.
In Italy the scope is: Full-cycle Italian payroll including INPS contributions, TFR accrual and revaluation, and employment contracts under the applicable CCNL.
See Payroll & Workforce Management in Italy for the full scope, or the Italy country page for the statutory framework across every service.
Figures as published on the HTLC Network country pages, reviewed September 2026 and collected from public sources. They are not a substitute for advice on a specific case and should be verified before being relied on.