Recommended INPS scheme:
SEPARATA
Flat-rate scheme (forfettario)
Eligible for the flat-rate scheme?
Yes
Threshold:
€85,000
Profitability coefficient:
67%
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Classification
- CATTIVITÀ MANIFATTURIERE
- 32Altre attività manifatturiere
- 32.1Fabbricazione di gioielleria, bigiotteria e articoli connessi
- 32.12Fabbricazione di gioielli e articoli simili
- 32.12.20Fabbricazione di gioielli e articoli di oreficeria in metalli preziosi
Description
- manufacture of jewellery of precious metal or of base metals clad with precious metals, or precious or semi-precious stones, or of combinations of precious metal and precious or semi-precious stones
- manufacture of goldsmiths' articles of precious metals or of base metals clad with precious metals, e.g.:
- dinnerware, flatware, hollowware, toilet articles, office or desk articles, articles for religious use
- manufacture of technical or laboratory articles of precious metal (except instruments and parts thereof), e.g.:
- crucibles, spatulas, electroplating anodes
- manufacture of precious metal watch bands, wristbands, watch straps and cigarette-cases
- manufacture of cutlery of precious metal
- engraving of personal precious and non-precious metal products
- precious and semi-precious stones setting
Exclusion notes
Excluded from class 32.12:
- manufacture of non-metallic watch bands (e.g. fabric, leather, plastic, etc.), see 15.12
- manufacture of base metals clad with silver, gold or platinum, not further worked, see 24.41
- manufacture of statuettes and other ornaments of base metal plated with precious metal, see 25.99
- manufacture of watch cases, whether or not of precious metal, see 26.52
- manufacture of (non-precious) metal watch bands, see 32.13
- manufacture of imitation jewellery, whether or not plated with precious metal, see 32.13
- repair of jewellery, see 95.25
Frequently asked questions
I am a goldsmith making gold rings and necklaces with stone settings — is this the right code?
Yes. Jewellery in precious metals or metal-clad materials, goldsmith's articles, personalised engraving and stone setting all fall under 32.12.20. The working of the stone alone, without the jewellery, is instead classified under 32.12.10.
I sell jewellery with crystals and plated metal — goldsmithing or costume jewellery?
Usually costume jewellery. When the piece does not use precious metals or genuine stones, the reference is costume jewellery 32.13.00. Entry 32.12.20 requires precious metals — even only as a coating — or precious and semi-precious stones.
I make bespoke jewellery but also repair rings and necklaces brought in by customers — does it all go under this code?
No. Manufacturing jewellery belongs here, but the repair of jewellery and watches is a separate activity classified under 95.25.00. If your workshop regularly both makes and repairs jewellery, keep both codes, with the predominant one as your primary.
I work solely as an engraver — I engrave names and dates on gold rings and medals for other jewellers — does this fall here?
Yes. Personalised engraving of precious-metal objects falls within goldsmithing alongside jewellery manufacture, even when working on a contract basis. If, on the other hand, you only cut or facet stones — with no precious-metal component — the reference is the working of precious stones 32.12.10.
Replaces the following ATECO 2007 code
This 2025 code replaced the code in force until 31 March 2025:
- 32.12.10— Fabbricazione di oggetti di gioielleria ed oreficeria in metalli preziosi o rivestiti di metalli preziosi(corrispondenza diretta)