| Service name | Standard set | Premium set |
| Company registration | + | + |
| Official address for 1 year | + | + |
| Apostil set | – | + |
| The Power Of Attorney | – | + |
| Bank account | – | + |
| Formation fee | 2500 EUR | 2700 EUR |
| Fee for yearly administration | 800 EUR | 900 EUR |
General information
Area – 302 000 sq. km
Population – 61 482 297 inhabitants
Capital – Rome
Official language – Italian
Official currency – Euro (EUR)
The legal system – a parliamentary republic
Legal form of company
Limited Liability Company (SRL societa a responsabilita limitata);
Joint stock company (SPA Società per azioni);
Foreign Branch company Representative in Italy;
The Association (a non-profit organization).
Key specials
Italy has reached an agreement on the exemption of double taxation with following countries:
Australia, Austria, Belgium, Britain, Germany, Greece, Israel, Zambia Denmark, Iceland, Ireland, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Mexico, Netherlands, New Zealand , Norway, Pakistan, Poland, Portugal, Russia, USA, Finland, France, Czech Republic, Switzerland, Sweden, Estonia, South Africa, South Korea, Japan, Mexico, Netherlands, Estonia, South Africa, South Korea, Japanю
Corporate legislation
– Italian Legislative Decree
Share capital
Limited Liability Company (S.R.L) – 10 000 EUR
Joint stock company(S.P.A) – 120 000 EUR;
Foreign Branch company Representative in Italy – no share capital
The Association (a non-profit organization) – no share capital
Bank account opening
For Italian companies, we offered bank accounts in the following countries:
Latvia
Estonia
Lithuania
Switzerland
Cyprus
Denmark
St. Vincent and the Grenadines
Belize
Seychelles
Tanzania
Bosnia
Hong Kong
Dubai
The main reguirements for the directors and shareholders of the company
Legal status of – a legal entity
Founders,shareholders – minimum one
Status of – private or corporate persone
Rezidence – can be resident for any EU country
The Government
Directors – minimum one
Status of – private persone
Residence – can be residents of any country
Secretary – one (private )
* Information about shareholders: stored in the registry
Taxation
IRES and IRAP taxes paid by Italian companies residents
Corporate income tax (IRES – imposta sul Societa delle reddit):
the standard tax rate – 33%.
The regionaltax on productive activities (local area income tax IRAP – Regionale sulle attività impost Produttive)
Standard tax rate of – 4.25%.
Value Added Tax (IVA – imposta sul Valore aggiunt) – 20%
Tax on dividends(Gain Capita) – 15%
Accountancy
Accounting records must be kept at the physical address of the company
The audit;
Preparation of annual tax returns
Opening information on beneficiaries to government authorities
Not disclosed
Timeframes
New Company registration takes from 1 day.
Shelf companies are available.
For more information, please contact us.