Still battling to shake off its reputation as an economic slow starter, Italy has recently taken new steps to position itself as a welcoming home for foreign investment.
The result is that Italy is slowly emerging as a land of opportunity, although you will need specialist local advice to help navigate your way through the bureaucracy. We are experts at this.
There are three major kinds of business entity for foreign investors, and they are as follows:
- limited liability company (SrL)
- joint stock company (SpA)
Is it complicated to set up a company in Italy?
More so than in some other European countries, but like anything else, it is a matter of mastering the procedure. The formalities include the following:
- arrange articles of association and memorandum of association
- executive articles of association before a public notary
- obtain an Italian tax code and identity document
- open a local bank account
- register for VAT
- file with the Registrar of Companies
- secure approval by a local tribunal
We are experts in this process, so please contact us to help you every step of the way.