Milleproroghe Decree 2026: key tax and corporate updates for SMEs

An operational guide to the measures of the Law of 27 February 2026, n. 26: postponements, extensions and obligations to be aware of to better manage the current year.

By Alessandro Malerba.

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1. Postponement of the new Consolidated Laws on tax reform

One of the most relevant provisions of the Milleproroghe Decree 2026 concerns the postponement to 1 January 2027

• Consolidated law on tax sanctions
• Consolidated law on minor state taxes
• Consolidated law on justice tax law
• Consolidated law on payments and collection
• Consolidated law on registration tax and indirect taxes

  Implications for businesses

  The current rules will continue to apply throughout 2026. While on the one hand this slows down the announced simplification process, on the other hand it guarantees regulatory stabilityassessment with acceptance in light of Legislative Decree no. 13/2024

  2. Company meetings: extension of remote methods

  The Milleproroghe extends until 30 September 2026company meetings with simplified methods

  • conduct meetings entirely by videoconference
  • avoid the physical presence of the president and secretary;
  • allow electronic or postal voting;
  • use the designated representative

    Why it is relevant for SMEs

    The extension represents an important simplificationadequate organizational structures as a lever strategic

    3. Guarantee Fund for SMEs extended to 31 December 2026

    The decree confirms the operation of the Guarantee Fund for SMEsCircular n. 1/2026 of Mediocredito Centrale

    • public guarantees up to 5 million euros
    • high coverage percentages (80% for investments, 50% for liquidity);
    • simplified procedures for access to credit.

    Practical effects

    The extension allows SMEs to continue to finance:

    • investments production;
    • reorganization operations;
    • liquidity needs, even in a context of rates that are not yet fully normalized.

    For those who are considering extraordinary or development operations, it may also be useful to read our article on revaluation of land and equity investments provided for by the 2025 Budget Law

    4. Catastrophe policies: postponement for micro and small businesses

    The Milleproroghe further postpones the obligation to stipulate insurance policies against catastrophe risks31 December 2026

    • micro and small businesses in the cateringtourism
    • businesses in the fishing and aquaculture
    • food administration activities and drinks

      Attention

      The extension does not eliminate the obligation, but defers its effectiveness. It is advisable to use 2026 to adequately evaluate insurance coverage
      

      5. Work incentives: selective extensions

      During the conversion, partial extensions were confirmed

      • Women's bonus
      • Young people bonus under 35ZES30 April 2026

        For SMEs this requires careful hiring planningMinistry of Labor factsheet

        A compass for 2026

        The Milleproroghe 2026 confirms an approach based on greater regulatory continuity adaptation time

        still effective tools for access to credit and corporate governance

        useful postponements on potentially onerous obligations.

        However, it remains essential to monitor regulatory evolution during 2026