Open company Italy
For Italy company incorporation, The international law firm Damiani & Damiani provides legal assistance:
- For the local and foreign entrepreneurs in the drafting of all relevant documents for the constitution of a company;
- To represent entrepreneurs in the tax registration procedures of a company;
- For the procedures for opening a bank account;
- for the conclusion of commercial contracts established with other Italian and foreign companies;
- To obtain commercial permits that may be necessary for specific activities;
- In cases of dispute, such as the recovery of a debt from a legal person or a natural person, in Italy and abroad;
- For international laws that govern intellectual property or for the registration of a trademark;
- For the rules regulating labour
Italy is one of the EU countries attracting foreign investors. The most profitable sectors are: tourism, food industry, agriculture, manufacturing sector, real estate business
How to do business in Italy. A lawyer to expand business in Italy
There are several ways to open a company in Italy . The first one is to contact an experienced commercial lawyer to have the right information on VAT, taxes, business creation costs, how to establish a branch of a foreign company in Italy, the legal forms most appropriate for the constitution of a company. The problems to be faced and the solutions to be found also concern immigration law, entry visa and residence permit in Italy for work and business reasons.
The legal forms of companies, enterprises and business in Italy. Advantages of starting business in Italy
In Italy the most common form of an enterprise is the Small and Medium enterprise or SME (PMI). These are companies in partnership with other entrepreneurs, small businesses that only operate in a part of the chain or cooperate with other companies for production and trade of a finished product or a service. The most widespread legal forms of SME are:
- Spa: Incorporated Spa – Joint stock company
- Srl: Limited liability company
- Srls: Simplifield limited liability company
- Sapa: Company limited by shares
- Snc: General partnership
- Sas: Limited partnership
- European Cooperative Society
- Business individual company
Open company Italy. Company Register in Italy. Italy Company Incorporation
In Italy, any new business or branch of business, both individual and company, must be registered in the company register. Among the requirements for a new company registration there are or for Italy company incorporation there are:
- Share capital
- The type of accounting
- The relationship between the members
- Registered office of the company
- Legal representative of the company
VAT Tax in Italy (IVA)
In Italy any business activity must be registered to get the (IVA) VAT number. A company set up to undertake a business in Italy consists of 2 main elements: persons and capital. Depending on the prevalence of the persons or capital elements, companies may be a partnership or a capital company.
Business opportunity in Italy. Partnership. Capital company.
Partnerships can be:
- Snc – general partnership – All members are all liable jointly and unlimitedly for debts of the company
- S.a.s – a limited partnership – is a form of partnership similar to a general partnership, except that in addition to one or more general partners, there are one or more limited partners.
Capital companies can be:
- S.p.A. (Incorporated Spa – Joint stock company)
- Srl: Limited liability company
- Srls: Simplifield limited liability company
- Sapa: Company limited by shares
All of theme are all legal forms of SME (PMI) companies operating in the various productive sectors. In this kind of society the element of capital is prevalent. Participation in this type of company is represented by shares or corporate quotas. Cooperative societies also are into the distinction between capital companies and partnership. In the distinction of corporations and partnerships there are also the cooperative societies. Co-operatives are companies formed to jointly manage an enterprise, which provides first of all to the members the goods or services for which it was born.
What is needed for a Srl. How to open the company in Italy. The procedures for the establishment of a company SpA, Srl, Srls
First of all, it is necessary to draft the memorandum and the company’s statutes and register them before a notary. Then it is necessary to buy business and accounting books and lastly deposit all documents at the Company Register.
The share capital of a SpA, a Srl, a Srls
SpA companies, incorporated, must have a minimum share capital of 50,000 euros (Article 20 co.7 of D. L. 91/2014). Srl, limited liability companies, must have a minimum share capital of 10,000 euros, of which only 2,500 euros must be deposited before the registration. Srls, simplified limited liability companies, have a maximum share capital of 10,000 euros. The share capital must be deposited on a corporate bank account before the company is registered with the Company Register in Italy. After registration to the company register, the newborn company will receive the certificate of incorporation, tax ID and VAT identification number.
Documents or legal requirements for starting business in Rome Italy. To open a company in Italy. The lawyer prepares the documents that will be subsequently submitted to the notary to draw up the public act
Our Italian lawyer’s team provides legal assistance in drafting and preparing the prodromic acts for the establishment of the company, or to open a representative office or a branch office or even a branch of a company. In addition, we represent foreign investors before the Italian Notary, through a simple proxy. Lastly, for welfare purposes, the company must be registered at the Social Security, the Accident Insurance Office, the Office of labour and employment.
Open company Italy ask legal assistance to Damiani & Damiani
