d. starting from the second year of activity

Legal Form: Statement - Law Decree No. 179 of 18/10/2012 Source: Official Journal of the rules on start-ups and crowdfunding are contained in the Decree DL growth 18 October 2012 n. 179, in force since October 22, 2012, pending the implementation decrees. We present the text of artt.dal 25-32 as a reference to all of our items obbigo usps customer service comment.
1) These provisions are designed to encourage sustainable growth, technological development, employment, youth in particular, with regard to innovative start-up companies, as defined in section 2 and in line with what is identified in the National Reform Programme 2012, published in the annex to document Economics and Finance (DEF) of 2012 and with the guidelines and recommendations issued by the Council of Ministers of the European Union. The provisions of this section ntendono the same time contribute to the development of new entrepreneurial culture, the creation of a better ecosystem for innovation, so 'as to promote greater mobility' social and attract usps customer service talent and capital from abroad in Italy.
2) For the purposes of this Decree, usps customer service the firm innovative start-up, referred to as 'innovative start-up', and 'the Company' capital, made in the form of cooperatives, under Italian law or a Societas Europaea, usps customer service resident in Italy pursuant to Article 73 of the Decree of the President of the Republic on 22 December 1986, no. 917, whose shares or shares representing the capital stock are not listed usps customer service on a regulated market or an MTF, which meets the following requirements:
d. starting from the second year of activity 'of innovative start-up, the total value of annual production, so' as the last financial statements approved within usps customer service six months of the financial year, and not 'more than 5 million euro;
- Expenditure on research and development are equal to or greater than 30 per cent of the greater of cost and total value of production of the innovative start-up. From the calculation for expenses in research usps customer service and development expenses are excluded for the purchase of real estate. usps customer service The expenses usps customer service are approved financial statements and are described in the notes. In the absence of budget in the first year of life, their execution and 'assumed by a statement signed by the legal representative of the innovative start-up;
- Use as servants or employees for any reason, a percentage equal to or greater than the third of the total workforce, personnel in possession of a Ph.D. or who is doing a PhD at a university 'Italian or foreign, or in possession of a degree, and that it has played, at least three years, activity 'Search certificated usps customer service at public usps customer service research institutes or private, in Italy or abroad;
- Is the owner or licensee of at least one industrial patent an invention relating to industrial biotechnology, usps customer service a topography of semiconductor product or a new variety 'vegetable directly related usps customer service to the corporate purpose and attivita' business.
3) The companies 'already' in existence at the date of enactment of this decree and meet the requirements specified in paragraph usps customer service 2, are considered innovative start-ups for the purposes usps customer service of this Decree, if within 60 days of the date file with the Office the register of companies, under Article usps customer service 2188 of the Civil Code, a declaration signed by the legal representative certifying the possession of the requirements of subsection 2 In this case, the rules provided for in this section is applicable for a period of four years from the date of entry into force of this decree, if the start-up and innovative 'was established within the previous two years, three years, and if' was established within the previous three years and two years, and if ' was formed within the previous four years.
4) For the purposes of this Decree, are start-ups usps customer service in the social vocation innovative start-ups referred to in paragraphs 2 and 3 that operate exclusively in the areas referred to in Article 2, paragraph 1, of Legislative Decree 24 March 2006 n. 155.
5) For the purposes of this Decree, the incubator of innovative start-ups certificate, hereinafter 'incubator certificate' and 'a society' capital, made in the form of cooperatives, under Italian law or a Societas Europaea, resident in Italy pursuant to Article 73 of the Decree of the President of the Republic on 22 December 1986, no. 917, which provides services to support usps customer service the creation and development of innovative start-ups and and 'meet the following requirements:
6) Compliance with the requirements referred to in points usps customer service a), b), c), d) of paragraph 5 and 'self-certified incubator for innovative start-ups, by a declaration signed by the legal representative, to