Limited liability Company in Italy
Limited Liability Company (abbreviated “S.r.l.” in Italian, Società a responsabilità limitata): This is a legal entity in which the members’ (shareholders’) interests are represented by shares. It could potentially be made up of a single shareholder.
The S.r.l. is frequently chosen by Italian entrepreneurs beginning a new business since the company’s assets are completely separate from those of its members, giving them the significant advantage of limiting their liability to the amount they contributed. In other words, the company’s creditors can only satisfy their claims up to the value of the company’s assets. Creditors are not permitted to pursue the assets of single members if the assets are insufficient.
Apart from providing you with the needed services to register your business, we also can help you with the expertise and tools needed to run it effectively.
Get started
We help our clients deal with their company forms so that they can strengthen their competitive advantages, flexibility, employee engagement, and satisfaction.
Limited liability Company registration conditions
A registered address in Italy is required for all limited liability companies, as well as at least one director and shareholder. Because of a recent modification in the law, there are no minimum legal capital requirements for the formation of a business (i.e., the share capital can start at € 1.00).
Timeline
Registration takes about 2 weeks from the date of initiation to be completed.
Fees
It costs 2300 EUR to register Limited Liability Company in Italy. For our incorporation fees – contact us.
Compulsory regulation
The articles of incorporation must be signed by the shareholders in a public deed under Italian law. This necessitates the signing of the articles of the organization in front of a Notary Public.
A person who wants to form an Italian limited liability corporation has two options: either execute the articles of association himself or hire a special counsel.
It will be necessary to receive the Company VAT number (Partita Iva) from the Agenzia Delle Entrate once the Articles of Association have been completed. The request is submitted electronically, and the VAT number is normally issued the same day.
Documents
List of documents required to incorporate Limited Liability Company:
- Deed of incorporation,
- By-laws,
- Receipt of the payment in the corporate capital,
- Fiscal identification numbers,
- Powers of attorney,
- Excerpt from the company’s register,
- Miscellanea.
We assist you in making these documents available.
Consultation about Limited liability Company registration
Experienced consulting services are designed to help your business achieve its goals. Our data-driven analysis can help you maximize efficiency.
Accountancy
We give our valued clients the most accurate and honest financial information possible through open communication, integrity, and secrecy, as well as an environment that fosters growth and surpasses expectations.
Taxes
The law establishes a five-tax system: the imposta sul reddito (income tax), imposta sulle società (corporate tax), imposta sul valore aggiunto (VAT or sales tax), imposta sui servizi (service tax), and accise (excises).
Bank account
To open a corporate bank account in Italy, the bank will require proof of identity, proof of residence and paychecks. Create your bank account with the help of specialists who will choose the ideal bank for your business and arrange the necessary documents. Other banking options, such as personal and commercial banks, can be found here:
Other legal forms in Italy
The following are the several types of companies that can be formed in Italy:
- Partnership,
- Holding Company,
- Branch Office.
Ready for the next step
Accelerate your business growth while we take care of everything else.