Open a Company in Italy
Start your project, move your business to one of the most important markets in the world
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Your Business, our priority!
Do you want to open a company in Italy?
All you need to know is here.
Italy is one of the largest countries in the European Union and among the most important because it is the most attractive destination for foreign investments.
Italian know-how and Made in Italy are the country’s essential resources, together with a cultural and landscape heritage among the most important in the world.
The middle of the Mediterranean Sea location allows the country to be a gateway to the East and Africa.
Setup Your Business in Italy
If you are considering expanding your operations internationally, Italy presents itself as an appealing destination for establishing your business.
From company registration to navigating legal and financial intricacies, there are ample resources available to assist you at every stage of the journey.
Whether you are a startup or an established multinational corporation, establishing your presence in Italy will grant you a solid foothold in the European market while unlocking new opportunities along the way.
Choose Company type based on your needs
Italian Company law allows the opening of:
1. SRL Societร responsabilitร limitata (Limited Liability Company)
2. SRL Semplificata (Simplified Limited Company)
3. SPA Societร per Azioni (Public Limited Company or Stockholding Company)
4. SAPA Societร in accomandita per azioni (Limited Partnership with a share)
5. SNC Societร in nome collettivo (General Partnership)
6. SAS Societร in accomanda semplice (General partnership with share)
7. Societร Cooperativa (Cooperative)
8. Ditta individuale (Sole-trader/sole proprietorship)
10. Non-Profit Organization
The SRL and SPA are the most used and preferred, thanks to their members’ limited liability and ease of use for any business.
The S.r.l. is the type of company most frequently chosen by small and medium enterprises.
Depending on whether there are one or more partners, you can choose to set up a multi-incorporator or single-incorporator SRL.
The shareholders can also be persons or companies, including foreign ones.
Share capital can be paid from one euro upwards (Banks will look more favourably at companies with significant share capital to assess their real propensity to the business and to open a credit line).
The S.r.l. is the preferred form for a foreign company that wants to create a subsidiary or a permanent establishment.
Prepare the necessary documents to incorporate the company
Whether you are an individual or a foreign company, our lawyers will guide you through the process of opening a company in Italy and starting a business in just a few steps.
a) We will prepare all the necessary documents, such as the articles of association and memorandum of association, the company directors’ specimen signatures, affidavits, due diligence, and documentation translations.
b) We will obtain a Tax code for each company shareholder and director and a company VAT number from the Tax Office.
c) You will give us a power of attorney to represent you in front of the notary who will stipulate the public deed of incorporation.
d) We will instruct the chartered accountant to prepare the accounting activities necessary for the company, including the registered office and bookkeeping.
e) We will assist you in opening the Italian Bank account and obtain the e-signature mandatory to sign the official company documents
Establish Your Presence in Italy as Foreign Company
Are you a foreign citizen or a foreign company, and do you want to incorporate a company in Italy?
You can choose different business forms. Some, such as the simplified company and the start-up, allow you to receive tax benefits and reductions.
A foreign company that wants to establish its business in Italy can do so through one:
- Branch: which depends entirely on the international company and which must carry out activities strictly connected with the parent company;
- Soft-Branch: which depends entirely on the foreign company and which must carry out only preparatory or auxiliary activities to the main activity carried out abroad;
- Subsidiary: a company with full powers controlled by the foreign mother that can carry out any business;
- Representative office: useful if the international company wishes to entertain relations of representation (e.g. product demonstration, market analysis, etc.).
The foreign company’s director does not have an obligation to reside in Italy.
Nevertheless, it is increasingly common for countries to challenge directors who manage companies abroad to save money due to low taxation (Treaty shopping).
Therefore, the requirements of the country of origin will need to be assessed or a local director appointed.
Buy a Company in Italy
Embark on your journey to acquire a company in Italy with confidence. We will support you with our comprehensive legal expertise and dedicated assistance every step of the way.
Our corporate team specializes in facilitating seamless acquisitions and guiding you through complex legal procedures with clarity and proficiency.
M&A
From preliminary negotiations to the final transaction, we provide tailored legal assistance in mergers and acquisitions (M&A), ensuring compliance with Italian regulations and safeguarding your interests.
Due Diligence
Central to our service is meticulous legal due diligence, conducted with precision to uncover any potential risks or liabilities associated with the target company.
With a thorough understanding of Italian corporate law and market nuances, we navigate complexities and offer strategic insights to optimize your acquisition strategy.
Whether you’re a seasoned investor or venturing into the Italian market for the first time, our unwavering commitment to excellence ensures a smooth and successful acquisition process.
Partner with us today and realize your aspirations in the vibrant landscape of Italian business.
![M&A buy a company in italy](https://www.italianbusinesslawyers.com/wp-content/uploads/2024/05/MA-buy-a-company-in-italy.webp)
![Tax and accounting service in Italy](https://www.italianbusinesslawyers.com/wp-content/uploads/2024/05/tax-and-accounting.webp)
Tax and Accounting Service
When setting up a company in Italy, you must adhere to the Italian Tax Lax. Complementing our legal expertise, we offer comprehensive tax and accounting services tailored to the unique requirements of acquiring and operating a company in Italy.
Our tax professional partners provide strategic advice on optimizing tax structures, minimizing liabilities, and maximizing financial efficiency throughout the acquisition process and beyond.
From navigating complex tax regulations to ensuring compliance with Italian accounting standards, we offer personalized solutions to meet your specific needs.
- Bookkeeping Service
Comprehensive accounting services, including bookkeeping, financial statement preparation, budgeting, and cash flow management. - Financial Reporting
Preparation of financial reports in accordance with Italian accounting standards (e.g., IFRS) or other relevant regulations. - Payroll Processing Managing payroll functions, including calculating salaries, deductions, and withholdings, and complying with Italian labor laws and regulations.
- Tax Disputes Resolutions Representation and assistance in tax audits, disputes, and negotiations with tax authorities to resolve issues efficiently and effectively.
![Legal assistance tenders and procurements in Italy](https://www.italianbusinesslawyers.com/wp-content/uploads/2024/05/procurement.webp)
Tenders and Procurements
We provide expert legal assistance in tenders and procurement processes in Italy.
Our Tenders legal team offers invaluable guidance throughout the entire procurement lifecycle, from drafting and reviewing bid documents to navigating complex regulatory frameworks and ensuring compliance with procurement laws and regulations.
With a deep understanding of Italian procurement laws, best practices, and industry trends, we help clients effectively navigate the competitive landscape, mitigate risks, and achieve their procurement objectives efficiently and ethically.
Licenses and Authorizations
In our integrated approach to supporting businesses in Italy, we offer comprehensive legal assistance for obtaining licenses and authorizations essential for operating when setting up a company in Italy within various industries.
Our experienced legal team meticulously guides clients through the process of securing necessary permits, licenses, and authorizations required by Italian law.
![licenses and authorizations for companies in Italy](https://www.italianbusinesslawyers.com/wp-content/uploads/2024/05/licenses-and-authorizations-for-companies-in-italy.webp)
![Legal assistance Posting workers in Italy](https://www.italianbusinesslawyers.com/wp-content/uploads/2024/05/workers.webp)
Posting Workers to Italy
In an increasingly globalized economy, navigating the complexities of posting workers to Italy requires an understanding of both local and international labour laws.
Our dedicated legal team specializes in providing comprehensive assistance to businesses seeking to post workers to Italy, ensuring compliance with Italian labour regulations, EU directives, and international agreements.
From advising on employment contracts and secondment agreements to addressing visa and work permit requirements, we offer tailored solutions to meet each client’s needs.
Incorporate your Italian Company
tell us about your project, and we will advise you about the best solution suitable for your case
Setting up a company in Italy
Thinking about starting a business in Italy? Congratulations on taking the first step towards a world of opportunities! Italy has long been known for its rich history, vibrant culture, and delicious cuisine. But did you know it also offers a conducive environment for entrepreneurs?
With our guide, you will be guided through the step-by-step process of setting up a company in Italy. From choosing the right business structure to navigating the legal requirements, we will provide you with all the information you need to establish a successful venture. Whether you’re a local resident or a foreign investor, this guide will help you unlock the potential that Italy has to offer.
Why Italy? This boot-shaped country boasts the fourth-largest economy in the European Union and is home to a highly educated workforce. Its strategic location provides access to both European and international markets, making it an ideal base for global expansion. Moreover, Italy offers various incentives and support programs to foster economic growth and innovation.
So, if you’re ready to enter the world of Italian business, let’s start on your journey to unlocking opportunities in this beautiful country.
If you want further assistance from us, we can also:
– find the ideal location for your business;
– draft commercial contracts, rental contracts, agency agreements, distribution and acquisitions;
– advise you on international tax law matters;
– assist in Corporate law, M&A and Private Equity;
– request for benefits and funds provided by the Government;
– assist you in opening an Italian bank account for your company.
FAQ
Q. What do I need to open a company in Italy?
A. You need an Italian tax code and your ID document. If you want to incorporate a branch of your foreign company, you should prepare a shareholder’s minutes with all the details about the Italian branch.
Q. May I open a company in Italy as a foreign citizen?
A. Italy offers a welcoming environment for foreign entrepreneurs looking to establish their own companies. Our team of legal experts is well-equipped to offer you the necessary assistance and advice, making the process of setting up your business an effortless endeavour.
Q. Is Italy good for startups?
A. Italy is one of the best places to open innovative startups because of tax benefits, especially for investors. As a startup, you can also benefit from Government and EU incentives to invest.
Q. How much taxes do businesses pay in Italy?
A. Italy has a complex taxation system. The corporate tax rate is 24% (IRES). In addition, you will pay local and regional taxes.
Q. Which is the best place to open a business in Italy?
A. The place of business may vary based on activities. Usually, all the cities in Italy have their commercial and industrial areas with all the facilities to run the company. You can also choose the Special Economic Zones.
Q. I am a foreign company. Can I set up a Simplified SRL?
A. No, you can’t. The simplified company can only comprise individuals.
Q. I want to open a Simplified SRL. Can I adopt the Articles of Association and Memorandum of Association that suit me?
A. No, you can’t. In the case of SSRL, AoA and MoA are standard and cannot be modified.
Q. In the case of Simplified Limited Liability Company, shall I pay the Notary?
A. No, in that case, Notary’s assistance is free.
Q. I’m a foreign company that sells to mixed (Italian) clients (privates and companies) with an estimated turnover of over 35,000โฌ. Do I need to open an Italian Subsidiary?
A. No, you don’t. In this case, you must open a tax position in Italy and get an accountant.
Q. Can I open an Italian Company from abroad?
A. Yes, you can give us a Power of Attorney notarized and apostille from your local Consulate or with an affidavit from your lawyer in English.
Q. If I open a branch of a foreign company, do I need a Notary and an Accountant?
A. Yes, a branch’s formation and management are the same as a Limited Liability Company.
Tell us more about your business project in Italy by filling out the form below. This will help us provide you with tailored advice on your needs.