Business For Sale Italy | Business For Sale Listings
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Get to Know About Italy
Italy, one of the most developed countries in the world, is located in Europe. It is renowned for being one of the world’s largest producers of wine. The manufacturing industry is the main developed sector in Italy’s economy. Other sectors that are also well developed are the agriculture and automotive industries.
Some of the products in the agricultural sector include olives, grapes, apples, strawberries, and kiwi. Italy is also well known for the olive oil produced here. There are excellent transport facilities with good roadways, railways, and waterways. Italy ranks among the top tourist destinations in the world.
There are many benefits of doing business in Italy, one of them being its strategic location, which makes Italy easily accessible to other neighboring European countries. The laws of the Italian government are very favorable for startups, and hence starting a new business has become very easy here. Another significant plus factor is the well-developed IT infrastructure in Italy.
Among the challenges to be expected in Italy is the slow functioning and lack of transparency of the departments of the public sector. Other disadvantages include difficulty in securing credit along with the complex tax structure. The need for being conversant with the local language could also be a concern, as Italian is the only language used for all documents.