Recommended INPS scheme:
SEPARATA
Flat-rate scheme (forfettario)
Eligible for the flat-rate scheme?
Yes
Threshold:
€85,000
Profitability coefficient:
67%
Calculate your taxes
Classification
- CATTIVITÀ MANIFATTURIERE
- 24Fabbricazione di metalli di base
- 24.5Fusione di getti in metallo
- 24.53.0Fusione di getti in metalli leggeri
- 24.53.02Fusione di getti in magnesio
Description
- manufacture of castings made of magnesium
Exclusion notes
Excluded from group 24.5:
- manufacture of products obtained by production processes other than from castings (e.g. as forged, pressed, drawn and stamped parts, rolled rings or powder metallurgy products), see division 25
- manufacture of finished products by further processing of castings, e.g.:
- boilers and radiators, see 25.21
- cast household items, anchors, ships' propellers and bells, see 25.99
Excluded from class 24.53:
- casting of metals not considered light metals, see 24.51, 24.52, 24.54
Frequently asked questions
I die-cast magnesium alloy parts: is the right code 24.53.02 or the aluminium code 24.53.01?
Magnesium castings for aerospace parts: does the code stay at 24.53.02 or change based on the end-use sector?
It stays at 24.53.02: the code depends on the metal being cast, not on the customer's sector. Aerospace or automotive end-use does not change the foundry classification. If your product is cobalt-based superalloy castings, the applicable code is 24.53.03.