If you have ever dreamed of starting a business in a place where history is intertwined with uncontaminated nature, Basilicata could be the perfect choice for you. With its imposing mountains, medieval villages and breathtaking coastlines, this region in the heart of southern Italy offers a unique and evocative environment for those wishing to embark on an entrepreneurial journey. But what are the best ideas for starting a business in Basilicata? And how to deal with the complexity of local taxation to ensure the success of your project? Let’s find out together.
An area full of opportunities
Basilicata, despite being one of the smallest regions in Italy, boasts a wide variety of natural and cultural resources that make it a fascinating place full of potential for entrepreneurs. Tourism, agri-food and renewable energy are just some of the sectors that offer interesting business opportunities.
Sustainable tourism: a growing sector
Sustainable tourism is a rapidly growing trend all over the world, and Basilicata is no exception. With its uncontaminated landscapes, natural parks and historic villages, the region attracts more and more tourists interested in authentic and environmentally friendly experiences. Starting a business in the tourism sector, such as a farmhouse or an eco-friendly excursion company, could be an excellent idea for those who want to combine a passion for nature and business opportunities.
Agri-food: enhancing local tradition
Basilicata is known for its rich agricultural tradition and the production of gastronomic excellence. Starting a farm specializing in the cultivation of typical products, or opening a shop that enhances and promotes local products, could be an excellent opportunity for those who love good food and want to help preserve the culinary traditions of the region.
Renewable energy: investing in the future
With ever-increasing attention towards environmental sustainability, renewable energy represents a rapidly expanding sector also in Basilicata. The region offers a favorable environment for the development of projects in the fields of solar, wind and hydroelectric energy, with incentives and benefits for companies that decide to invest in this sector.
Taxation: opening a business
In addition to business opportunities, another factor to take into consideration when deciding to start a business is taxation. You can choose to open a VAT number as a self-employed person, or open a company. The first option is certainly the cheapest and the choice that is often made by all entrepreneurs who are starting out and do not yet have a large budget to invest.
You can choose between two tax regimes: with the ordinary regime you unload all the expenses related to your business and have the same taxation as your employees while with the flat rate regime your expenses are estimated directly by the state and you pay a flat tax which can be 15% or even 5% for the first 5 years, a huge saving that allows you to have more capital to reinvest in the development of your business.
Bureaucratic simplification: support for entrepreneurs
To encourage the birth and development of businesses, Basilicata is committed to simplifying bureaucratic procedures and reducing the times and costs for starting a business. Thanks to greater digitalisation of services and better organization of public offices, it is possible to obtain the necessary authorizations more quickly and efficiently, without having to deal with long and complex administrative procedures.
Tax consultancy
If you need support to deal with the tax aspects of your business in Basilicata, Fiscozen is here to help you. Their experts will guide you in understanding local taxation and provide you with personalized advice to optimize the economic management of your business. Contact them today for a free, no-obligation consultation and find out how we can help you realize your entrepreneurial dream in this fascinating region of southern Italy.
