Recommended INPS scheme:
SEPARATA
Flat-rate scheme (forfettario)
Eligible for the flat-rate scheme?
Yes
Threshold:
€85,000
Profitability coefficient:
78%
Calculate your taxes
Classification
- LATTIVITÀ FINANZIARIE E ASSICURATIVE
- 64Attività dei servizi finanziari, escluse le assicurazioni e i fondi pensione
- 64.1Intermediazione monetaria
- 64.19Altre intermediazioni monetarie
- 64.19.20Altre intermediazioni monetarie fornite da istituti di moneta elettronica
Exclusion notes
Excluded from division 64:
- activities of promotional institutions for economic development through long-term investments at local, regional and national level provided that they act as the government's arm for the execution of their public policy mandate, see 84.13
Excluded from class 64.19:
- credit granting by specialised non-depository institutions (e.g. for house purchases), see 64.92
- credit card transaction processing and settlement activities, see 66.19
Frequently asked questions
An electronic money institution (IMEL) that issues wallets and prepaid cards: ATECO code 64.19.20?
Yes, the monetary intermediation of electronic money institutions falls under 64.19.20. This is the dedicated code for IMELs, separate from traditional banks under 64.19.10.
Only card payment processing, without issuing electronic money: still 64.19.20?
No. If you process and settle credit card transactions, or manage digital currency wallets as a processing service, the code is 66.19.10. 64.19.20 is for institutions that issue electronic money in their capacity as a monetary institution — not for those processing payments on behalf of third parties.
I issue crypto-assets with a corresponding liability: is that 64.19.20 because it is digital money?
Usually not, unless you are an IMEL engaged in monetary intermediation. The issuance of crypto-assets with a corresponding liability, when carried out by entities other than monetary authorities, is referenced under 64.99.00. 64.19.20 remains tied to the status of an electronic money institution.
Replaces the following ATECO 2007 code
This 2025 code replaced the code in force until 31 March 2025:
- 64.19.30— Istituti di moneta elettronica (Imel)(corrispondenza diretta)