Several innovations have been published on the intellectual property code, concerning trademark protection and defense and the filing of applications for recognition of new trademarks. The changes were necessary in order to adapt the Italian law to the European framework, to make registration and issuing procedures of member states as consistent as possible and toRead more

The third sector reform has involved various philanthropic bodies, foundations, cooperatives and associations that are part of the non-profit panorama, which also includes foundations of banking origin, regulated by the Civil Code. For this reason, foundations are considering the need to enroll in the so-called RUNTS, that is the Single National Third Sector Register, establishedRead more

The Canary Islands are said to be a tax haven. As a matter of fact, opening a company in Spain and the Canary Islands is worthwhile for various reasons. The Spanish islands enjoy a tax system for businesses and professionals – REF – the main advantages thereof are: an extremely advantageous tax rate of 15%Read more

Establishing a company in Spain, in cities such as Barcelona, Madrid or the Canary Islands – where the taxation system is particularly favourable – is an easy and convenient financial investment. Spain is a country that exerts a strong attraction for foreign investments due to its tax system and the relative simplicity with which itRead more

The revision of VBER, regulating international distribution and sales contracts, concerns the most widespread models of international distribution agreements. The amendments to the regulation mainly concern international online trade. In recent years, the growth of e-commerce and the birth of online trade platforms have exploded. The revision of VBER – the Vertical Block Exemption RegulationRead more

Among the restrictive clauses that can be included in a preliminary or definitive contract for the transfer of company shares, are those regarding non-compete agreements. Non-compete agreements bind the parties to mutually limit their activity, so as not to use: company trade secrets;  carry out customers’ abduction activities;  share confidential information and news about operationsRead more

Formalized international contracts and economic relationships between companies involved in international commercial exchanges are not set in stone. Even when businesses are already operating between a foreign company and an Italian company, any international pacts and agreements signed may vary according to unexpected events. Some of those events might have to do with the increaseRead more

Mutual agreements between States for investments protection. Suggested: Can a foreigner, i.e. a non-EU citizen, lawfully carry out business, commercial or trading activities in Italy? The answer is yes, it is worth however specifying that in terms of international private law, an investment is any activity involving the stipulation of an international agreement that produces obligationsRead more

Even in companies located abroad, shareholders’ agreements can be stipulated between shareholders, who can reside in Italy or in the third country where the company is located.   Shareholders’ agreements have long been considered as conventions whereby shareholders establish relationships that cannot be opposed to the company, different or complementary to those provided for by theRead more

The general rule to our understanding of corporate double taxation and capital income is: Dividends due to the foreign company are paid to the company and may be additionally taxed in Italy on the tax on capital paid abroad.  Dividends of natural persons would be paid to the current accounts of natural persons resident inRead more