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Open a Partnership Limited by Shares in Italy

Updated on Wednesday 25th January 2017

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Open-a-partnership-limited-by-shares-in-ItalyOne of the most common types of business forms foreign investors can choose to establish in Italy is the partnership. Like all other types of companies there are also various forms a partnership can take. The Commercial Code provides for the establishment of the following types of partnerships in Italy:

  • -          the general partnership;
  • -          the general partnership;
  • -          the limited partnership;
  • -          the partnership limited by shares.

Our company registration agents in Italy can offer information on all types of partnerships and the requirements to establish each one of them.

What is an Italian partnership limited by shares?

Partnerships are chosen by foreign investors and companies mostly because they can also be used for creating joint ventures in Italy and the fact that there are various types of partnerships is also a great advantage this country offers. The partnership limited by shares, which in Italian is SAPA, short from societa in accomandita per azioni, is similar to the limited partnership, however the former is a combination between the limited liability company and the partnership.

The Italian partnership limited by shares must have at least two shareholders, which can be individuals or companies. The structure of the partnership will be made up of one or more general partners and one or more limited partners. 

Our Italian company formation consultants can offer full information on the role of each participant to a partnership limited by shares.

How to create a partnership limited by shares in Italy

In order to create a partnership limited by shares in Italy, the partners must draft and sign a deed of incorporation before a public notary. The partnership limited by shares must not have a minimum capital, however the capital is divided into shares.

 This type of structure is usually used as investment vehicle by foreign investors opening investment funds in Italy, case in which a minimum share capital in accordance with the specific legislation must be deposited, as well as approval from the authorities must be obtained.

For full information or assistance in opening a partnership limited by shares, do not hesitate to contact our company incorporation representatives in Italy. We can also assist with the formation of other types of companies in Italy.

 

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