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
- 64.2Attività delle società di partecipazione (holding) e dei conduit di finanziamento
- 64.22.00Attività dei conduit di finanziamento
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 group 64.2:
- captive factoring and invoicing companies, see 64.92
- own account investment activities (e.g. by venture capital companies, private equity firms), see 64.99
- active management of companies and enterprises, strategic planning and decision-making of the company, see 70.10
- other activities of corporate groups' captive financial entities, which are captured under the relevant activity classes
Excluded from class 64.22:
- management services of public funds and public debt, see 84.11
Frequently asked questions
Special purpose vehicle for credit securitisation — ATECO code 64.22.00 or 64.99.00?
What distinguishes a financing conduit from a holding company?
A conduit under 64.22.00 exists to channel and manage financing flows, not to hold industrial equity stakes. A company that holds stakes in operating entities is a holding company under 64.21.00. The key distinction is the function of channelling finance.
The vehicle exists only to raise and on-lend funds within the group — is it 64.22.00 or something else?
Usually 64.22.00 when the structure is a conduit dedicated to raising and passing on financing. If instead the vehicle invests and trades on its own account as a non-securitisation financial vehicle corporation, see 64.99.00.