Types of companies in Italty
- Private limited company (Società aresponsabilità limitata – SRL)
- Responsibility
- Minimum capital
- Min. shareholders
- Recommended for
- Private limited company (Società aresponsabilità limitata – SRL)
- Limited
- 10,000 €
- 1
- SMEs
- Joint-stock company (Società per Azioni-SPA)
- Limited
- 120,000 €
- 1
- Big companies
- Partnership (Società in nome Collettivo – SNC)
- Unlimited
- No
- 2
- SMEs
- Limited partnership ( Società in accomandita semplice – SAS)
- Unlimited
- No
- 1
- Cooperative (Società Cooperativa – SC)
- Unlimited
- No
- 1
- Big companies
- Businessunit
- Unlimited
- No
- 1
- Subsidiary
Corporate tax rate in Italy
Corporate tax rate is at 27.9% in Italy (32.15% for financial activities).
Questions
Why should I incorporate my company in Italy?
- The financial situation of companies keeps on improving.
- Infrastructures are effective.
- The country is very attractive for tourists.
- In recent years Italy has made reforms regarding the labour market, banking sector or insolvency.
- The manufacturing industry remains a very strong part of the Italian economy.
Which difficulties can be encountered in Italy?
- Regional diversity is important, all the more that the country is impaired by separatist movements.
- Administration isn’t the most efficient.
- Public debt is very high.
Which are the cultural specificities of the world of work in Italy?
- First contacts are formal.
- Communication is friendly, physical contacts are common. Visual contact is important; it is a sign of interest and sincerity. Looking away isn’t appreciated.
- You can exchange business cards at any moment during a meeting.
