Company registration in Italy - COREDO

Company registration in Italy

The Republic of Italy stands as a highly developed European country, holding the third position in size and importance within the European Union’s economy. It offers favourable conditions for foreign investors, with a streamlined procedure for registering new enterprises.

Italy ranks 8th in the world in terms of GDP, boasting a diverse economic foundation rooted in mechanical engineering, chemical and industrial production, the food industry, and tourism. Traditionally, the realms of design, clothing and art objects manufacture carry significant weight here.

ADVANTAGES OF REGISTERING A COMPANY IN ITALY

The legislative framework in Italy is well-regulated, fully aligning with accepted international standards. Additionally, the advantages of opening a business in this jurisdiction include:

  • Convenient location for entering European markets.
  • Prestige in Europe and worldwide.
  • Legislative loyalty for foreign investors.
  • Simple and quick company registration.
  • Ease of doing business, comfortable business environment.
  • The relative stability of the political and economic spheres.

AVAILABLE TYPES OF BUSINESS ORGANIZATION IN ITALY

To initiate a commercial activity in Italy, registering a new company in the Commercial Register is necessary. Among the available organizational and legal forms for business, the most popular are:

  • SPA — open joint stock company. Requires only one individual or legal entity to establish; the maximum number of shareholders is not limited. The minimum authorised capital is 120,000 euros, with 25% required to be paid upon registration.
  • SAS — partnership. Considered the most flexible form, suitable for small and medium-sized enterprises with up to 50 employees and income not exceeding 10 million euros per year.
  • SRL — closed company with limited liability. Requires only one shareholder for establishment. The minimum authorised capital is 10,000 euros. If registered by one shareholder, the entire amount must be paid at the time of registration, but if there are two or more, only 25% of the amount is required.

FEATURES OF COMPANY REGISTRATION IN ITALY

There are no residency requirements for founders of enterprises in Italy; however, all non-residents (excluding EU member state citizens) must obtain permission to work in their company. A local legal address and an account in an Italian bank are mandatory conditions. After registration, every company in Italy must obtain a tax registration number — Codice Fiscale.

Navigating corporate taxation in Italy can be complex and confusing. To avoid issues with local tax authorities, it’s advisable to figure out all the nuances of the legislation in advance. COREDO employees will assist you in comprehending all the legal intricacies, handling the company registration process, preparing the necessary documents, and providing businessmen starting to work in Italy with other necessary assistance.

LEAVE AN APPLICATION AND GET
A CONSULTATION

    By contacting us you agree to your details being used for the purposes of processing your application in accordance with our Privacy policy.