Apprenticeship Contract Incentives: Who Qualifies and What You Get
Employers in Italy can receive reduced social security contributions when hiring young staff under 30 through this apprenticeship scheme.
This scheme provides financial relief to employers who hire young workers under apprenticeship contracts to help them develop professional skills.
Who it's for
This incentive is designed for employers looking to hire young staff members who are under the age of 30.
What you get
If you qualify, you will receive reduced social security contributions. This means the employer pays less in mandatory social security costs for these specific employees.
What it costs you
While there is a financial benefit, there is an investment of time and effort required. You must develop a mandatory training plan and ensure the required mentorship hours are completed for the apprentice.
The catch to know
You must keep careful records of the apprenticeship. If you fail to properly document the training goals and progress, you will lose the tax benefits.
How to apply
- Develop a formal training plan for the new apprentice.
- Ensure you meet the mentorship hour requirements.
- Consult with a professional to manage the social security documentation.
- Follow the guidelines provided by the relevant government body.