Forfettario in Italy: 5% tax for freelancers and entrepreneurs

Contents

What is forfettario and who is it for

This guide is about forfettario. For other regimes — Impatriati.

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Why do freelancers and entrepreneurs in Italy pay only 5% tax — and how to get into this regime?

Regime Forfettario is a simplified tax regime in Italy for the self-employed and sole proprietors. Instead of the standard progressive IRPEF scale (23–43%) you pay a fixed rate of 5% or 15% — and no VAT (IVA).

For immigrants with a Lavoro Autonomo residence permit this is the main financial advantage over Digital Nomad status. The difference in taxes is multiple times.

Tax expert
"Forfettario is connected to Partita IVA — you are not an employee but an independent contractor. A salaried employee does not switch to forfettario by choice — it’s a different nature of income."

5% and 15% rates — what’s the difference

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How to get the 5% rate instead of 15% — and can it be fixed if the accountant made a mistake?

FORFETTARIO
5% → 15%
Preferential rate for the first 5 years, then the standard rate
5%
Nuova attivita (first 5 years)
15%
Standard rate after 5 years
85 000
EUR/year — turnover limit
0%
VAT (IVA) — not charged

To get 5%, you must meet the condition “nuova attivita” — new activity. This means: you have not carried out a similar activity as an employee or as a sole proprietor in the previous 3 years.

CRITICAL ERROR — cannot be fixed

If the accountant did not mark "nuova attivita" when opening your P.IVA and indicated a 15% rate instead of 5% — changing this retroactively is IMPOSSIBLE. Even in subsequent years it will remain 15%. The rate is visible only in the already submitted declaration (LM module). Monitor this personally — request the submitted module from your accountant.

Community member
"I discovered: an external commercialista opened the Partita IVA under the forfettario regime, but with a 15% rate, not the preferential 5%. We haven’t filed the tax return with income yet. Can anything be done?"
Accountant’s answer (Fiscozen)
"The Partita IVA was opened by the previous commercialista with a 15% rate, and unfortunately we cannot change the past. It is impossible to change this retroactively and activate 5%."

Get a second opinion

A consultation, even paid, can save a lot of money over 4 years. The difference between 5% and 15% at a turnover of 50,000 EUR and a coefficient of 78% is ~3,900 EUR/year — i.e. ~15,600 EUR over the 5 preferential years.

Profitability coefficient — the real tax burden

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Why is the real tax under forfettario not 5% of turnover but less? What is coefficiente di redditività?

Many think forfettario is simply “5% of everything you earned.” In reality the tax is calculated more complexly — and to your advantage.

Formula: Turnover x Profitability coefficient x Tax rate = Tax

The profitability coefficient (coefficiente di redditività) depends on the ATECO code — your type of activity. The remainder is automatically considered expenses that do not need to be documented.

ActivityCoefficient"Automatic expenses"
IT, programming, consulting78%22% considered expenses
Design, architecture78%22%
Trade40%60%
Food service40%60%
Short-term rental B&B40%60%
Construction86%14%
Most services67%33%

The lower the coefficient — the smaller the tax base and the less you pay. For IT specialists a 78% coefficient is not the most favorable, but still much better than the standard regime.

Community member
"Forfettario has a profitability coefficient that depends on the ATECO code. Your turnover is multiplied by this coefficient, and the resulting amount is your income. 22% or 33% automatically become your expenses — you don’t need to prove them."

Choice of ATECO code — for the lifetime of the P.IVA

The ATECO code determines not only the type of activity but also the profitability coefficient, and therefore the real tax amount. You can change the code, but it’s not easy and attracts tax authority attention. Choose carefully from the start.

Calculation with real numbers

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How much do you actually keep with turnovers of 30k, 50k and 85k euros?

Calculation for an IT specialist (coefficient 78%, tax rate 5%, Gestione Separata INPS ~26%):

ParameterTurnover 30,000Turnover 50,000Turnover 85,000
Turnover30,000 EUR50,000 EUR85,000 EUR
Taxable base (x 78%)23,400 EUR39,000 EUR66,300 EUR
Forfettario tax (5%)1,170 EUR1,950 EUR3,315 EUR
INPS (~26% of the base)6,084 EUR10,140 EUR17,238 EUR
Commercialista~500 EUR~500 EUR~500 EUR
Total payments7,754 EUR12,590 EUR21,053 EUR
Net in hand22,246 EUR37,410 EUR63,947 EUR
Effective rate (all payments)~26%~25%~25%

The effective tax burden including INPS is about 25–26%. The main part is INPS (pension contributions), not the tax itself. For comparison: under the standard IRPEF regime with a turnover of 50,000 EUR you would pay ~35–40%.

Important: INPS is deductible from the tax base

INPS contributions can be deducted from taxable income in the following year. Actual figures will be slightly lower than shown — your commercialista will do the exact calculation.

At a turnover of 50,000 EUR under forfettario 5% you pay ~1,950 EUR in tax. Under the standard IRPEF regime on the same income — ~9,000–12,000 EUR. The difference is 5–6 times.

Who can use forfettario

Conditions for forfettario
  • An individual with a Partita IVA

    Legal entities (SRL, etc.) cannot use forfettario

  • Turnover under 85,000 EUR per year

    All turnover counts, including foreign. In the first year the limit is prorated

  • No more than 2 employees

    Or total payroll up to 20,000 EUR

  • For the 5% rate: "nuova attivita"

    Have not carried out a similar activity in the previous 3 years

First-year trap: the limit is prorated

In the first year the 85,000 EUR limit is applied proportionally to the period the P.IVA is open. If you opened it in November — your limit for 2 months is about 14,000 EUR, not 85,000. At the same time you need to show minimum income to renew your residence permit. Do not move in November–December if you plan to use forfettario.

How to open a P.IVA under forfettario and avoid mistakes

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What documents are needed, when you can open it — and what opening mistakes are irreversible?

1

Obtain a Codice Fiscale

You can obtain it before the permesso — with a D visa and a request at the Agenzia delle Entrate. Fill in Modello AA4/8, refer to art. 6 DPR 605/1973.

2

Obtain residence (residenza)

For a Lavoro Autonomo (LA) permit, residence is legally granted only after getting the permesso. Formally you cannot open forfettario without residence. Some small municipalities allow it earlier — but that’s luck, not the rule.

Important: if you open a P.IVA under forfettario without residence — the tax authority may send additional assessments and fines in 2–7 years.
3

Find a commercialista

The accountant will file the Communicazione Unica — a single form that simultaneously creates records at the Agenzia delle Entrate, INPS and Camera di Commercio (if needed).

4

Choose the ATECO code

Determines the type of activity, the profitability coefficient and the amount of contributions. For IT typically 62.01 or 62.02. Discuss with your accountant.

5

Check that "nuova attivita" and the 5% rate are indicated

Ask the accountant to show the completed form BEFORE submission. The rate is visible in the LM module of the declaration. Request a copy of the submitted document.

Deadline: December 31

If you arrived in Italy and did not open a P.IVA before the end of the year — you lose the ability to show Italian income for that tax year. This is critical for renewing a residence permit.

A current account is not required for forfettario

Clients can pay to a personal account or in cash. Minimal bureaucracy at the start. But to renew a residence permit you need to show income — start in advance.

INPS contributions — the second part of payments

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How much are INPS pension contributions in reality — and can they be reduced?

In addition to the 5–15% tax, freelancers under forfettario must pay contributions to INPS (the pension/social fund). This is the main part of your payments.

Gestione Separata INPS

Rate: ~26% of the taxable income (the same base used for tax). Paid in advance and at year-end. Gives access to the national health service (SSN) and pension.

Payment deadlines

PaymentDeadlineForm
First advance IRPEF + INPSJune 30F24
Second advance IRPEF + INPSNovember 30F24
Final settlementWith the declarationF24
Community member
"You can pay the F24 in the banking app. I used to pay in cash at the bank branch earlier."

Discount on INPS in the first years

For businesses opened in certain years you can request a reduction: 50% for the first 2 years or 35% for the first 5 years (for artigiano). In 2025 a new law was introduced: businesses opened in 2025 pay 2,250 EUR to the pension fund instead of 4,500 EUR in the first year.

Invoices and billing

Since 2024 electronic invoicing (fattura elettronica) is mandatory for everyone, including forfettario.

  • Sent through the SDI system (Servizio di Interscambio)
  • On invoices write: "Regime forfettario: operazione fuori campo IVA"
  • Services for sending: Fiscozen, accountants’ built-in tools, the tax authority personal area
  • VAT is not charged to clients
Community member
"When you have an accountant, you send them the invoices, they send you the declaration for approval and then file it with the tax office. They also give the form for tax payment. The declaration form is a pile of pages — I wouldn’t risk filling it myself, mistakes can cost more than the accountant’s fee."

Limits and pitfalls

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In which situations is forfettario disadvantageous or unavailable?

  • You cannot deduct actual expenses — tax is calculated on an imputed base, not on real profit. If you have high costs (equipment, office rent, travel) forfettario may be disadvantageous
  • No VAT — you do not charge VAT to clients and cannot reclaim VAT on purchases. Disadvantageous for B2B with Italian companies
  • Turnover limit 85,000 EUR — if exceeded automatic switch to the ordinary regime from the next year
  • Worldwide income is included — the limit considers all turnover, including foreign
  • You cannot employ more than 2 employees
  • Residence requires permesso — and without residence you formally cannot open forfettario (for LA)
Community member
"Residence for newcomers with lavoro autonomo is legally granted only after receiving the permesso. Obtaining it can drag on for six months–a year. An incorrect but popular path: open forfettario despite lacking residenza and hope it passes. The tax authority may audit in 2–3–5–7 years."

The pension trap of forfettario

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Is it true that under forfettario the pension will be minimal — and what to do about it?

7 months of pension per year

If you work your entire career in Italy under forfettario, when you retire you will receive payments for only 7 months of the year. INPS will say: "you didn’t earn for the rest." Some specialists recommend switching tax status in advance — in some recalculations it turns out beneficial.

Tax expert
"If your Italy career is under forfettario, when you retire you will receive money for only 7 months per year. That’s why we changed our tax statuses long ago. In recalculation it turned out beneficial."

This does not mean forfettario is a bad regime. But plan decades ahead: if you intend to live in Italy until retirement, it’s worth switching to the ordinary regime at some point to accrue pension rights.

Alternative: the Impatriati regime

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What is the Impatriati regime and when is it more advantageous than forfettario?

Regime Impatriati is a special tax regime for those moving to Italy. The essence: only 50% of income is taxed for 5 years. It can be extended another 5 years if you have a child or buy property.

✓ When Impatriati is better

High income — for turnover above 85,000 EUR/year

Employment — for those who cannot open a P.IVA

Higher education or professional experience in the field

Full pension accrual — contributions are based on the full salary

✗ When Forfettario is better

Turnover under 85,000 EUR — the 5% rate is lower than any IRPEF

Freelance/entrepreneurship — P.IVA

Minimal bureaucracy — simplified reporting

No need for deductions — low expenses

Community member
"The Impatriati regime taxes 50% of income for 5 years. You can extend another 5 years if you have a child or buy a home. Usually a higher degree or certain professional experience is enough to qualify."

Impatriati does not apply to capital income

If you have employment under Impatriati — income tax is paid only on 50% of salary. But income from investments, crypto, rental properties — is taxed at the standard rate on the full amount.

Real mistakes from the community

1
Opened P.IVA with 15% rate instead of 5%

The accountant did not mark "nuova attivita". Cannot be fixed retroactively. Loss: ~3,900 EUR/year at 50,000 EUR turnover.

2
Opened forfettario without residence

Formally residence is mandatory. The tax authority may send additional assessments in 2–7 years. Three scenarios: wait for the permesso, open under the ordinary regime, or take the risk.

3
Did not open P.IVA before December 31

Lost an entire tax year to show Italian income. Critical for residence permit renewal.

4
Thought forfettario = "5% of everything"

Forgot about INPS (~26%). The real burden is about 25–26% of turnover, not 5%.

5
Did not check the first-year limit

Opened P.IVA in November, earned 20,000 EUR in 2 months — exceeded the prorated limit and lost forfettario.

Choosing an accountant

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How much does an accountant cost, which online services are suitable — and how not to end up with a dilettante?

OptionCostProsCons
Fiscozen499 EUR/yearConvenient interface, automationOnly electronic documents, raised prices
QuickFisco299 EUR/year + IVACheaper, has English-speaking supportOnly forfettario
Local accountant700–1,500 EUR/yearPersonal contact, originalsMore expensive, no automation
Immigration expert
"Be extremely careful when choosing a commercialista. Unfortunately there are many dilettantes in this market. The cost of a mistake is not a fine but a real risk of losing your residence permit."
Community member
"The accountant will handle what you bring them. And you must bring the correct model: who you are, how you receive income, where you actually live, what documents your employer has. The community complains about different answers not because everyone is bad, but because people’s input data differ."

Verify your accountant’s work

Request the submitted LM module from the declaration — it shows the rate (5% or 15%). Ask for free initial consultations at 2–3 online accounting services before choosing. Finding a Russian-speaking accountant is difficult, but there are English-speaking ones.

Conclusions

1
Forfettario is the best tax regime for freelancers in Italy

5% instead of 23–43% IRPEF. At a turnover of 50,000 EUR the tax savings are 7,000–10,000 EUR/year compared to the ordinary regime.

2
The real burden is about 25%, not 5%

To the 5% tax add INPS contributions ~26%. Total ~25–26% of turnover. But this is still significantly less than the ordinary regime (35–45%).

3
An opening mistake affects the P.IVA for life

An incorrect rate (15% instead of 5%) cannot be fixed. A wrong ATECO code affects the profitability coefficient. Check the LM module personally.

4
Pension trap: 7 months

If your entire career is under forfettario — pension only 7 months per year. Plan to switch to the ordinary regime if you stay in Italy long-term.

5
Do not open after December 31

You will lose an entire tax year. And in the first year the 85,000 EUR limit is prorated — do not move in November–December.

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Well, the forfettario (flat-rate tax regime) is of course convenient when starting out, but hardly anyone immediately calculates the INPS contributions — and they add up quite a bit on top. When I registered my partita IVA (VAT number), my commercialista (accountant) told me right away that without understanding the coefficiente di redditività (profitability coefficient) you can really miss the mark in planning. Find an accountant who specifically works with foreigners — not everyone understands the nuances for non-residents)

The profitability coefficient is something a lot of people don’t get — it depends on the ATECO code, and if you pick the wrong code when you set up [the business] they’ll recalculate everything later and it won’t be pleasant. And the 85000 threshold sounds nice, but if you exceed it you’ll be bumped into the “ordinario” tax regime (regime ordinario) retroactively for the whole year, not from the next one. So yeah, don’t get into it without a proper accountant (commercialista).

oh, about retroactive recalculation — that’s seriously bad. One person said they got caught by that for exceeding the threshold and the additional assessments were so huge that it would’ve been better to have been on the ordinary regime from the start. One more thing about the ATECO code — if you work in IT, make sure your accountant set it to 620100 exactly and not something related, since the profitability coefficient depends on that and, accordingly, the amount of tax.

And about impatriati, by the way — many people think it’s only for Italians who are returning, but no: any specialist qualifies if they weren’t a resident. Truth is, the rules have changed and the benefit isn’t as generous as it used to be, so you need to calculate carefully whether it’s even worth it.

About exceeding the threshold — a couple of years ago they changed the rules: now you leave the forfettario (flat-rate regime) starting from the following year, not retroactively. But that’s if you just exceeded the threshold; if you violated other conditions, then yes, they can recalculate. If I were anyone getting close to 85000, I’d go over the options in advance with a commercialista (tax advisor), because people really get burned on this.

In theory, the impatriate regime isn’t as straightforward as people make it out to be — there’s also the requirement to move your tax residency, and if you were previously a resident somewhere with a double taxation agreement you need to look closely at how income from other countries will be treated. It’s not guaranteed the savings will be as rosy as in the calculations.