Italy

Official Name:  The Italian Republic

               Rome

Italiana

           Euro (EUR)

 

OUR SERVICES;                      

  • Consultation (in person, online, phone)
  • Helping to prepare your documents
  • Start to finish your company registration process
  • Immigration services

 

 

Italy 

Registering a company in Italy is one way to enter the country and obtain residency, and since the rules of this process have changed since 2019, it should be considered. Italy’s economy was recognized as the eighth strongest economy in the world in 2018, and this issue accelerated the investment process in this country in various ways. Due to the fact that investors in Italy will also be able to obtain a passport of this country, it will be possible to study for free in Italy and other parts of Europe for the individual and his family members.

 

 

General Questions 

Is it possible to obtain residency by registering a company in this country?
One of the main ways to get a residence permit in Italy is to register a company in this country.

What are the benefits of registering a company in Italy?
People who have registered their company in Italy can obtain a residence permit in this country and travel freely to the Schengen countries.

After how long will the company registration lead to residency?
If a person registers his company, he will get a residence permit in Italy after two years, if he pays taxes and follows the rules.

What is the minimum capital for registering a company?
Each person will need at least € 120,000 (Euros) to register a company in this country.

What are the most important Italian industries to register a company?
Machinery, metal industry, shipbuilding industry, and aerospace industry are the most important industries in Italy.

 

Three main types of companies in Italy for foreign investors:

  • Limited Liability Company (SRL)
  • Joint Stock Company (SpA)
  • Branches

 

Benefits of company registration 

  • 100% ownership (no local partner required)
  • Access to all parts of Schengen Europe for travel, business, and long-term residence
  • The possibility to apply for permanent residence after 3 years
  • The possibility to apply for a passport 5 years after obtaining permanent residence
  • Easy visa application for all parts of the world
  • Opening a corporate and personal account
  • Use of European trademarks (brands)
  • Free trade and customs laws within the EU

 

Company registration process 

Registering a company in all countries of the world is very complicated and Italy is no exception to this rule. Finally, the most important steps and steps for registering a commercial legal entity in this country can be summarized as follows:

  • Writing a business plan or business plan and registering it
  • Select a brand for the company and register it
  • Determining the type of company (limited liability company, a public company, etc.)
  • Opening a bank account with the name of the company in Italy
  • Pay the minimum required capital to the bank account according to the type of company
  • Approval of the articles of association or articles of association with the presence of partners or shareholders in the meeting of the founding general assembly according to the type of company and relevant laws
  • Registration of the said letter of incorporation or letter of incorporation in the Italian Companies Registration Office and notaries in addition to the tax office
  • Get a tax ID
  • Pay taxes to the Italian government by mail
  • Company registration announcement in the official newspaper

To register a company, different capital must be considered according to the type of legal structure and activities. Also, the more employees you have, the more you have to pay, and the more long-term costs you will incur. In general, the cost of registering a company in 2020 is about 2300 € (Euro), to which must be added the cost of accounting and auditing, which will vary according to the number of transactions and financial operations of the company and at least 130 € (Euro) per month. Is. Italian law also provides for a minimum capital of € 50,000 (Euro) for the registration of various types of companies. Of course, according to Italian law, there is no minimum for registering a limited liability company in this country.

 

Documents required to register a company in Italy:

  • Personal identification documents (passport and translation of telephone bill or…)
  • Select the company name and the subject of the company’s activity
  • Select the location of the company
  • Opening a bank account and depositing the initial capital of the company
  • To open a bank account, the presence of the CEO in Italy is required.
  • The documents required to obtain an Italian visa can be obtained from the Italian Embassy website.

Registration of a business or establishment of a company in Italy is possible under the rules and regulations of the Chamber of Commerce. By registering a company in Italy, this institution also has the important task of maintaining and providing information about all companies operating in Italy. The Trade Registry is also responsible for facilitating communication between legal and public entities and providing advice on the legal performance of Italian companies.

The Italian Chamber of Commerce has an extensive network of 100 offices, 19 provincial unions, 13 foreign regional centers, and 150 branches that operate without relying on public funding.

The Italian Trade Register plays an essential role in the process of creating the legal personality of the company and also has the task of supporting companies in the development process by providing transparency in business activities. In addition, the Italian Trade Register facilitates corporate relations with other public authorities and advises on the compliance of the company’s activities with Italian law and regulations.