Italy Company Formation Requirements

What are the Italy company formation requirements?  Italy requires only one director of any nationality, but that person must be an EU passport-holder for company formation, and that person must obtain a fiscal number. You only need one shareholder but it’s best to have two because single shareholder entities have unlimited liability. The shareholder may also be a corporation.

Europe Emirates Group can help you set up your enterprise in Italy

If you want to set up an enterprise in Italy, you must open a bank account and note that some banks do not allow for deposits not made in-person. You must go and file your registration at the Register of Enterprises within 30 days of the official date of your entity’s incorporation. You’ll then receive a number for other identification purposes that include taxes. You can commence trade in Italy upon confirmation.

Here are the other requirements for successful company formation in Italy: 

  • Maintenance of a shareholder and directory register
  • Audits, unless if it is an SME exempt from audit requirements per EU legislation 
  • A detailed description of the intent of the enterprise 
  • Disclosure of whether they will hire employees in Italy or not
  • A bank account
  • VAT Registration Number
  • Registration with the Register of Enterprises within 30 days of your official incorporation date
  • Maintenance of statutory records
  • A business plan that details the projected sales in the first years of operation, the value of share capital and the distribution among shareholders and the jurisdictions of operation
  • The names, dates of birth, nationalities and proof of address for the directors along with photo identification
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