SMEs: Urso says first annual bill is a commitment to restoring competitiveness

(Il Sole 24 Ore Radiocor) - The first annual law on small and medium-sized enterprises is “an important turning point, long awaited for more than a decade, which aims to restore competitiveness to businesses by mandating the Government to implement reforms to the craft sector, that of consortium centres and credit guarantee consortia, as well as the reorganisation of the regulatory framework for start-ups and innovative SMEs”. So said Adolfo Urso, Minister for Enterprise and Made in Italy, on the occasion of International Micro, Small and Medium-sized Enterprises Day, “entities,” he said, “that are deeply rooted in their local areas, capable of preserving skills and traditions whilst, at the same time, innovating, competing and showcasing the excellence of ‘Made in Italy’ to the world”.

Law No. 34 of 2026, which came into force in April, amongst other things reintroduces tax relief for business networks, cracks down on fake artisan products, regulates online reviews and introduces new rules for remote working.

Urso concluded by saying that the law represents “a concrete commitment to making our production system stronger, more resilient and better able to meet the challenges of global markets”.

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