Italy - India - Cross Border Investments: Opportunities & Incentives for Italian and Indian Companies

Opening remarks

Vincenzo de Luca, Italian Ambassador to India

Italian Investments in India – Current Italian Presence, Future Perspectives

Claudio Maffioletti – CEO, IICCI - The Indo- Italian Chamber of Commerce and Industry

Attractive Tax and Financial Incentives for Indian companies

• Patent Box

• Super and Hyper Depreciation

• Tax credit for R&D investments

• Tax and financial incentives for technological startups

• Outbound dividends, interest, royalties

• CIT reduction for investments in specific geographical regions (South of Italy)

Walter Andreoni, Equity Partner, Belluzzo Mercanti

Enrico Rimini, Equity Partner, Belluzzo Mercanti

Indian Investments in Italy: snapshots on the legal framework

• Company Law

• Foreign direct investment screening   (“Golden Power”)

• M&A, Private Equity

• Compliance

Andrea Greppo, Equity Partner, Belluzzo Mercanti

Indian tax reforms and opportunities for Italian companies

• Corporate tax rates lowered

• Anti-dumping measures – level playing field for foreign companies manufacturing in India against imports into India

• Faceless litigation

• Dividend tax regime

• Export incentive schemes liberalized

• Encouraging manufacturing in India by changes in duties on raw material and finished products

• Free-trade agreements India - EU on the table

V. Lakshmikumaran, Managing Partner, Lakshmikumaran and Sridharan Attorneys

S. Vasudevan, Executive Partner, Lakshmikumaran and Sridharan Attorneys

New Production Linked Incentive (PLI) Scheme for automobiles and auto components

Sanjay Malhotra, Chairman ACMA, Managing Director - Jumps Auto Industries

Closing remarks

Luigi Belluzzo, Founding Partner Belluzzo International Partners and Equity Partner, Belluzzo Mercanti

Q&A session