Recommended INPS scheme:
COMMERCIO
Flat-rate scheme (forfettario)
Eligible for the flat-rate scheme?
Yes
Threshold:
€85,000
Profitability coefficient:
40%
Calculate your taxes
Classification
- GCOMMERCIO ALL'INGROSSO E AL DETTAGLIO
- 46Commercio all'ingrosso
- 46.4Commercio all'ingrosso di beni di consumo
- 46.48.00Commercio all'ingrosso di orologi e di gioielleria
Description
- wholesale of jewellery
- wholesale of processed precious, natural, synthetic or reconstructed stones
- wholesale of silverware articles
Exclusion notes
Excluded from division 46:
- trade of electricity, see 35.15
- trade of gaseous fuels for energy supply through mains, see 35.23
- rental and leasing of goods, see division 77
- packaging of solid goods and bottling of liquid or gaseous goods, including blending and filtering for third parties, see 82.92
Excluded from group 46.4:
- activities of wholesalers who do not assume ownership of the goods they trade, see 46.1
- wholesale of garden and landscaping equipment (e.g. lawnmowers), see 46.61
Excluded from class 46.48:
- wholesale of imitation jewellery, see 46.49
- wholesale of raw precious stones, see 46.86
- wholesale of unworked synthetic or reconstructed precious or semi-precious stones, see 46.86
Frequently asked questions
I distribute jewellery, watches, silverware or worked gemstones to shops: is 46.48.00 correct?
I also repair watches and jewellery for customers: do I need a different code?
For distribution you stay on 46.48.00. If repair becomes a standalone service, see 95.25.00. The distinction is straightforward: goods sold wholesale on one side, a repair workshop on the other.
I import watches and jewellery from abroad to resell to shops: do I stay on 46.48.00 or do I need an importer code?
You stay on 46.48.00: buying watches and jewellery abroad and reselling them wholesale is the same activity — importing on your own account is included. If instead you buy gold from private individuals to resell to trade operators, that is a separate activity covered by 46.82.21.
Replaces the following ATECO 2007 code
This 2025 code replaced the code in force until 31 March 2025:
- 46.48.00— Commercio all'ingrosso di orologi e di gioielleria(corrispondenza diretta)