Italy is known for its innovation capabilities which in the last year has expanded to a less regular industry: that of design. Moreover, this innovation has transformed design into one of the largest and most important industries in the country. Now, the number of Italian companies operating in various branches of this industry is one of the largest in Europe. Foreign enterprisers who want to open companies in Italy in the design sector can rely on our company formation services.
According to specialists, design should be understood as a culture of creativity in Italy, which is why the economy is relying on this powerful industry. At the beginning of the year, the number of Italian companies activating in the design industry has reached 29,000. These employ close to 50,000 workers and have reached a 4,3 billion euros turnover at the end of last year.
Most of the companies are located in areas where the Made in Italy brand is created, with Milan as one of the greatest design centers in the world. The same city hosted one of the most important trade fairs in Europe in March where Italian companies in the furniture and textiles sectors have displayed innovative products based on specific designs and materials.
Our Italian company formation advisors can help investors who want to set up a business in an innovative sector.
By their number and turnover, design companies have put Italy on the second place in Europe, right after the United Kingdom. However, in a recent survey conducted by Eurostat, Italy has occupied the first position in terms of innovative companies in the design economy. Milan also ranked first when it comes cities promoting design.
In numbers, Italy is a leader in the European Union with close to 180,000 companies, representing 16.2% of the total number of design companies and with an increase of 1.5% in the number of employees.
Italy also scored best in terms of innovation in this industry, as companies here registered 22 design patents out of the total 32 in the Locarno classification.
For assistance in registering a company in the design sector, please contact our company incorporation agents in Italy.