DLP Insights

Ministry Decree of 17 December 2009 has been published in the Official Gazette. It makes contribution relief on the amounts paid based on company and national collective bargaining expectations for the past year operative.

The collective agreements of the following sectors have been renewed: Ø tourist; Ø electrical.

Effective 1 April 2010 the "Unique Notification for the establishment of enterprise" is mandatory. It was introduced by art. 9 of Law no. 40/07 and must be used for all fulfilments on the Company Register, Tax Agency, INPS (Social Security Admin.) and INAIL (National Insurance against Injuries at Work) for the start up of companies.

In the opinion of the Supervisory Authorities Members Association (Associazione dei componenti degli Organismi di Vigilanza - AODV), the Supervisory Authority (set forth under the Legislative Decree 231/01 regulating the administrative liability of the companies) should be set up as a collegial board, consisting of representatives with specific reputation requirements and open to the participation of internal professional figures.

The Italian Senate has definitively approved the so called “work related act” to the financial law.