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Italian Company Setup

Rely the opening of your company to a team of professionals who will help you choose the right type of company in Italy.

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Foreign citizens have the right to register a company, not being residents of Italy. To do this, you need to obtain a fiscal code, open an account with a bank, find a legal address and legal representative in Italy, prepare the constituent documents and certify the act of establishing a company in Italy with a notary.

The authorized capital of the company can be used for the activities of the enterprise.

The Italian legislation provides for the possibility of registering enterprises of the most diverse organizational and legal forms, from which potential investors may be interested in such things as:

open joint-stock company with limited liability, Societa per azioni (SPA)
Limited Liability Company, Societa a responsabilita limitata (SRL)
LLC of a simplified type – a simplified form of a limited liability company, Societa a responsabilita limitata semplificata (SRLS)

Open joint stock company with limited liability (Societa per azioni – SPA) can be opened by one shareholder (physical or legal person of any residence) and has the following characteristics:

€ 100,000 minimum registered capital
there are no restrictions on the maximum number of shareholders
issue of registered shares and bearer shares allowed
The shares may be freely transferred to third parties without the approval of the general meeting
the management of the company can be carried out by both the board of directors and the sole director appointed at the shareholders’ meeting.
the company must appoint an auditor / accountant to maintain the current accounting and periodic reporting.

A limited liability company (Societa a responsabilita limitata – SRL) can be created by one or more shareholders (physical or legal person of any residence) and is characterized as follows:

€ 10,000 minimum authorized capital; in the presence of a single shareholder, the capital must be fully paid at the time of registration, if there are two shareholders, 25% of the minimum capital amount must be paid at the time of registration of the company
there are no restrictions on the maximum number of shareholders
the management of the company can be carried out by the appointed director, in accordance with the provisions of the memorandum of association;
the director is entitled to be simultaneously the shareholders of the company
the company must appoint an auditor / accountant to maintain the current accounting and periodic reporting.

Simplified type LLC (SRLS).

The following requirements are mandatory for the opening of SRLS in Italy:

Authorised capital from € 1 to € 9,999. Authorized capital is approved and fully paid upon registration.
there are no restrictions on the maximum number of shareholders
the management of the company can be carried out by the appointed director, in accordance with the provisions of the memorandum of association;
the director is entitled to be simultaneously the shareholders of the company
the company must appoint an auditor / accountant to maintain the current accounting and periodic reporting.

All foreigners (other than EU citizens) are required to work in their companies to obtain a work permit in Italy.

As soon as the necessary and correct type of the company’s activity is chosen, a director is established, our company will handle all the documents and solving bureaucratic issues; The process takes about twenty working days, which can vary depending on the circumstances and requirements.

Our company also offers an Assistant in Accounting; the accountant will take care of the fulfillment of accounting and legal obligations, guaranteeing the optimization of the taxation of activities, observing all local rules and regulations.

If you do not have a legal address, we will be happy to provide you with the services of Business Centers for renting a virtual office with correspondence management or searching commercial premises for your individual requests in order to familiarize yourself with this service, go to the LINK.

The service is provided in the client’s language with the help of a dedicated dedicated manager who will be on hand throughout the registration process of the company and will act as a liaison between the accountant and the client.

If desired, we can also provide preliminary special consultations with an accountant in our offices or with the help of a remote conference.

To learn more about the conditions, the cost of registration of a company in Italy, please contact our staff at + 39-380-370-7076 or e-mail: info@y-nos.com

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