Types of Italian companies
1. Limited Liability Company (Società a Responsabilità Limitata)
An Italian limited liability company (SRL) is only liable to its own assets, and the minimum registered capital is 10,000 euros. The type of Italian company registered by most people is an SRL limited liability company.
2. Joint Stock Company (Società per Azioni)
An Italian joint stock company (SPA) refers to a corporate entity whose capital is divided into shares, which belong to the company's shareholders, and the shareholders' participation in the joint stock company is expressed in stock shares.
Process of registering an Italian company
1. Choose an Italian company name (our company can translate and check the register).
2. Collect all information of shareholders and directors: passport scans, proof of address within three months.
If a Chinese company is a shareholder, also provide: Articles of Association, company business license (documents need to be translated and notarized in Italy).
3. Submit the information to Italy for application documents (about two weeks).
4. Give the application documents made by the Italian agent to the customer for signature, including a copy of the company establishment authorization document to be certified by the Italian Embassy in China (need to go to the local embassy in China for certification within 1 month).
(Note: For example, the Guangzhou Embassy does not accept personal certification, so it is first notarized by the notary office and then submitted to the Foreign Affairs Office for double certification of the embassy)
5. Collect the customer's notarized information and submit it to the Italian government for registration and review.
Note: The application process involves capital verification procedures, which must be completed within 1 month, otherwise it will affect the application result.
5. The Italian company is successfully registered in about 2 months.
Conditions for company registration in Italy
1. Shareholders: Italy allows foreign natural persons or corporate legal persons to serve as shareholders and directors of companies. They must be of good credit, over 18 years old, and have at least 2 or more shareholders;
2. Foreign corporate legal persons serving as shareholders of Italian companies must submit a valid corporate legal person business license in their country;
3. Legal directors must be Italian nationals or persons with ten-year residency in Italy, with no criminal record and good business credit;
4. The minimum registered capital of an Italian general limited liability company (SRL) is 10,000 euros;
5. Company approval is relatively strict, requiring a person with residency to serve as the company's legal representative, capital verification or guarantee, etc.
Documents required for company registration in Italy
1. Company name, which must end with SPA or SRL;
2. Company business scope and nature of business;
3. Scanned copies of passports of all directors and shareholders (notarized + double certification);
4. Articles of Association (should contain detailed information about the company's regulations and structure);
5. Italian registered address (can be provided by Bajie);
6. Registered capital: the standard is 10,000 shares (SRL) or 100,000 shares (SPA), each share is €1.00, and capital verification is required;
7. Company seal: Italian companies must have their own seal, and the sample of the company seal must be reported to the Company Registration Office.