D’Amico (Confimprese) “SMEs are asking for more bureaucratic simplification” Here News Livorno

ROME (ITALPRESS) – Small and medium-sized Italian businesses have to deal with heavy taxation and excessive bureaucracy, but the quality of Made in Italy allows them to overcome even these obstacles. This was said by the president of Confimprese Italia, Guido D’Amico, interviewed by Claudio Brachino for the television magazine Italpress Economy. “The confederation has around 80 thousand members and pensioners, throughout the national territory, particularly in Lazio, Sicily and Lombardy: we have chosen to represent micro, small and medium-sized enterprises, which make up 96.6% of all Italian companies registered in the Chamber of Commerce. Of these, almost 60% are family-based,” he recalled. “Even though today the term glocal is very popular, for too many of these companies locality has become a limit: the size and patronage of small and medium-sized businesses do not allow for complete internationalisation,” he explained. Small and medium-sized Italian companies “complain about excessive taxation but above all about bureaucratic “harassment”: a typical company has over 600 obligations every year: simplification is still far away”, he explained. Italian taxation, then, “is between the highest in Europe and in the Top Ten in the world: the taxation system is the obligation that entrepreneurs have to pay taxes commensurate with their earnings. The effort that this government is making to review the rates and reduce the cost of labor – which is the most burdensome in the basket of payments that every entrepreneur must make – are going in the right direction”. We need “a fair tax system that is able to deal with the problems of the entrepreneur”, he reiterated. “The incentives for sustainability but also those for safety in the workplace are one of the main drivers: companies must be given the ability to imagine sustainability, cyber security and safety in the workplace as an investment, not as a cost . Economic help from the State system on these drivers is fundamental, I would also suggest less bureaucracy here, to give entrepreneurs the opportunity to draw on these resources without too much bureaucracy, because this discourages them and forces them to increase consultancy costs”, he underlined . “The magic word is quality: with all the limits we have described, our companies have great innovative capacity and product quality, we have the opportunity to make a difference with other states. Even if we have bureaucratic gaps, in the end Made in Italy overcomes these obstacles.” – Italpress photo – (ITALPRESS).