Expo 2015 will be held in Milan (Italy) from May to October 2015. ll companies worldwide that will be present have to face all sorts of different issues. Some of these relate to compliance with local (Italian) rules and regulations regarding accounting, tax and staff matters. Expo 2015 will last six months and that period of time is extremely important from a tax point of view as any commercial activity that lasts six months or more determines that the company is considered as having a permanent establishment in Italy. This implies compliance with accounting rules, drafting of tax returns and income taxes to be calculated and paid. Vat aspects have to be considered as well. In some cases special tax benefits have been considered but these have to considered case by case in order to understand if they are applicable or not.

1. Pag.1
EXPO 2015
Compliance Guidelines for Companies
January, 2015

2. Pag.2
Paragraphs Pages
Introduction 3
Premises 4
Expo 2015, Basic Figures 5
Expo 2015, Event Description 6
Expo 2015, Studio Rock Proposal 7
Legal Note 8
Contacts 9
Index

3. Pag.3
Introduction
Studio Rock Commercialisti Associati (CPAs /Chartered Accountants) is a firm founded in 1977.
The firm engages 40 professionals operating in the different areas and split into two offices: Milano (headquarter) and Lugano
(Switzerland).
Main clients of the firm are listed companies, but we also have mid-size and small companies and the related segments are connected to
different industries (energy, food, environment, non profit organizations and healthcare, oil & gas, fashion, services, manufacturing, banks).
Regarding EXPO 2015, at least 145 countries will be present in Milan (Italy) throughout 2015 (May-October).
Big institution and major corporations will arrive adequately prepared from all points of view, however small-mid sized companies will have to
face all sorts of unexpected issues.
Studio Rock Commercialisti Associati (CPAs/Chartered Accountants) is a member of the international professional network TIAG
(www.tiagnet.com).
Overtime we have assisted many international entities that required consultancy services related to their business in Italy.
Over the last period we have been contacted by various small-mid sized companies with respect to EXPO 2015.
Regarding the services requested we can work as a “one stop shop”, that is providing a “global solution” to the needs linked to small-mid
sized companies that will participate to Expo 2015.
Who we are

4. Pag.4
Premises
Expo 2015 at a glance
Expo 2015: Key items Event Framework
All companies worldwide that will be present have to face all sorts of different issues.
Some of these relate to compliance with local (Italian) rules and regulations regarding
accounting, tax and staff matters.
Expo 2015 will last six months and that period of time is extremely important from a tax point of
view as any commercial activity that lasts six months or more determines that the
company is considered as having a permanent establishment in Italy.
This implies compliance with accounting rules, drafting of tax returns and income taxes to be
calculated and paid. Vat aspects have to be considered as well.
In some cases special tax benefits have been considered but these have to considered case by
case in order to understand if they are applicable or not.
Location
Milan (Italy)
Period
May 1, 2015 – October 30, 2015
Theme
Feeding the Planet, Energy for Life
Visitors
20 million (at least 30% from abroad)
Participants
130-150 Countries
30+ Corporate Participants
Investments (Exposition Site and Event)
€ 1.7 billion
Investments (Connected infrastructure)
€ 11.8 billion
Exhibition area
1.1 million sqm
Expo 2015 will be held in Milan (Italy) from May to October 2015.
The official logo of the event is the following (ref. www.expo2015.org):

5. Pag.5
EXPO 2015
Basic figures of the Event
Small-mid sized companies Event Key Data
Expo 2015 will be held in Milan from May to October 2015. All companies worldwide that will be present
have to face all sorts of different issues (ref. official website).
Are you a non official
participant?
Are you a partner of
an official
participant?
READ ON

6. Pag.6
EXPO 2015
Event description
Purpose of the Event
Expo Milano 2015 (ref. official website) is a global event characterized by its nature of uniting many
different voices, basing its success on the involvement of all the various players taking part. As
defined by the rules of the BIE (Bureau International des Expositions), Participants in the Universal
Exposition are identified as Official or Non-Official:
 Official Participants are all Countries and International Organizations who accept the invitation sent
by the Government of the Country hosting the Exposition;
 Non-Official Participants may be a group of representatives, institutional and otherwise, whose
participation is authorized directly by the Organizer of every single Exposition.
Given the importance of its theme, the Italian Government decided in 2011 to officially invite all member
states of the United Nations and to open the doors of Expo Milano 2015 also to Non-Governmental
Organizations (NGOs) and Companies as key stakeholders in the global debate on the challenges
related to nutrition and food.
Working together, but with different methods and targets, depending on their role, they will be called
upon to interpret and make a real contribution to the theme of Expo 2015 Feeding the Planet,
Energy for Life.
The aim is to bring to life a unique experience for visitors, as protagonists, building awareness and
participation in the right to food that is healthy, safe and sufficient; to environmental, social and
economic sustainability of the food chain, and to the conservation of taste and food culture.
Small-mid sized companies
Are you a non official
participant?
Are you a partner of
an official
participant?
READ ON

7. Pag.7
Studio Rock and EXPO 2015
Our proposal
Services Provided
Regarding the services needed we work as a “one stop shop”, that is providing a “global solution” to
the needs linked to small-mid sized companies that will participate to Expo 2015.
Some of the following services will be necessary for small-mid sized companies that will be present at
the event:
 tax advisory (compliance), tax planning (starting from the incorporation phase and study of the
tax relationship with the controlling entity);
 accounting services (local gaap and reporting package);
 corporate governance and compliance advisory, legal representation;
 legal services;
 financial advisory (bank relationships) ;
 payroll services, recruitment services.
Why Studio Rock?
We have an unique track record in assisting multinational small-mid sized companies which
require a customized and dedicated relationship.
Our business model is that of a friendly and quick response to customers requests.
If you participate to EXPO 2015 it may be worthwhile giving us a call.
Small-mid sized companies
Are you a non official
participant?
Are you a partner of
an official
participant?
READ HERE

8. Pag.8
Legal Note
This document ("Document") was prepared by Studio Rock Commercialisti Associati and has the purpose of providing an overview of Expo
2015 and presenting our services.
Regarding the data presented our source is the official website of Expo 2015 to which reference is made.
The regulatory framework is instead contained in Circular n.26/E of August7, 2014 and Resolution 10/E of January 10, 2014.
All participants to EXPO 2015 must comply with the above mentioned regulatory framework.
Studio Rock Commercialisti Associati expressly disclaims any and all liability for the consequences that may result to a third party in respect of
opinions, information, forecasts or statements contained in this Document or any errors or omissions contained herein.

9. Pag.9
CONTACTS
Fedele Gubitosi - Partner
gubitosi@studiorock.net
Alessandro Ceriani - Partner
ceriani@studiorock.net
Fabrizio Hugony – International Operations
hugony@studiorock.net
Via Turati, 29
20121 Milan (Italy)
Tel. + 39 02 6271161
Fax + 39 02 29001135