Following the authorization of 16 September by the European Commission, INPS has published the instructions for taking advantage of the "Under 36" contribution exemption, for the hiring and transformation of permanent contracts carried out by 31 December 2021 of young people who have not reached the age of 36 on the date of hiring, exemption provided for by Budget Law for 2021 no. 178/2020, in order to promote stable youth employment.
The exemption in question is granted to all private employers, including employers in the agricultural sector, regardless of whether or not they assume the nature of entrepreneurs. The incentive is not granted to companies in the financial sector, with Ateco codes 64, 65 and 66, as they are part of section "K" expressly excluded from this exemption; the exemption does not apply to the public administration. We remind you that the measure does not apply to apprenticeship relationships, domestic work contracts, and hiring with intermittent employment contracts.
Coordination with other incentives
This exemption, drawing its discipline from the structural exemption for young people referred to in Article 1, paragraphs 100 to 108, 113 and 114 of the 2018 Budget Law, "cannot be combined with other exemptions or reductions in the funding rates provided for by current legislation, limited to the period of application of the same".
Therefore, this measure cannot be combined, for example with:
The incentive for the hiring of women who have not been in regular paid employment for at least 24 months or who have been unemployed for at least 6 months and belong to particular areas or economic sectors or professions referred to in Law 92/2012 art. 4 paragraphs 8 to 11;
The hiring incentive aimed at so-called "disadvantaged" women, as provided for by the 2021 Budget Law;
Reduction of contributions in the South, for the same workers.
Incentive measure
The incentive measure is equal to the exemption from payment of 100% of the total social security contributions payable by employers, up to a maximum amount of 6,000 euros per year, for a period of thirty-six months. The exemption, on the other hand, is due for forty-eight months to private employers who hire in a headquarters or production unit located in the following regions: Abruzzo, Molise, Campania, Basilicata, Sicily, Puglia, Calabria and Sardinia.