Setting up a company in Italy involves several steps and legal requirements. The process can vary depending on the type of company you want to establish (e.g., sole proprietorship, partnership, limited liability company, etc.).
Here’s a general guide to help you get started.
Choose the Type of Company
Decide on the legal structure of your company, such as a sole proprietorship, partnership, or limited liability company (S.r.l. or S.p.A.).
Choose a Business Name
Check the availability of your desired business name and ensure it complies with Italian regulations. You can do this through the Italian Business Register (Camera di Commercio). Check also that another company with the same name is not already present in the same location.
Draft the Articles of Association
Prepare the company’s Articles of Association (Atto Costitutivo) outlining the company’s purpose, structure, and rules. You may need the assistance of a notary public for this step.
Appoint a Legal Representative
Nominate a legal representative for the company. This person can be a director or another appointed individual responsible for legal matters.
Obtain a Codice Fiscale (Tax Code)
Obtain a personal and unique tax identification number (Codice Fiscale) for each shareholder and director. This can be obtained at the Agenzia delle Entrate (Revenue Agency).
Open a Bank Account
Open a corporate bank account in Italy and deposit the required minimum share capital.
Register with the Chamber of Commerce
Submit the necessary documentation to the local Chamber of Commerce (Camera di Commercio) to officially register your company. This includes the Articles of Association, identification documents, and other required forms.
Obtain a VAT Number
If your business reaches a certain revenue threshold, you may need to register for Value Added Tax (VAT) and obtain a VAT number.
Comply with Employment Regulations
If you plan to hire employees, ensure compliance with Italian labor laws. Register your employees with the social security system and proceed with the “mandatory communications” (comunicazioni obbligatorie).
Fulfill Additional Requirements
Depending on your business activities, you may need to obtain specific licenses or permits. Verify if there are any industry-specific requirements.
Keep Proper Accounting Records
Maintain accurate accounting records and comply with Italian accounting standards.
If you seek a reliable companion to guide you through every step, offering legal and accounting support before, during, and after establishing your entity, Peoitaly is the ideal solution for you.
We can support you in the establishment of your company and oversee the complete HR cycle consistently. Our range of services encompasses talent acquisition, onboarding support, drafting contracts, human resource consultation, payroll aid, health and safety guidance, and various other offerings.
