Company Formation Italy

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Establish a Cooperative Company in Italy

Updated on Thursday 23rd February 2017

Rate this article
5 5 1
based on 2 reviews


Establish-a-cooperative-company-in-ItalyItalian cooperatives have appeared after the end of World War II and helped with the restructuration of the country’s economy. This is why Italy has an outstanding tradition when it comes to establishing cooperative companies which are now governed by their own legislation. The first Cooperative Law was enabled in 1946 in Italy. Nowadays, there are several types of cooperatives one can establish, the most popular one being the social cooperative.

Our company formation agents in Italy can offer more information on the legislation related to cooperatives and the available types of cooperative companies one can register.

What are the requirements to open a cooperative in Italy?

Law 381 is the main legal framework providing for the establishment of cooperatives in Italy. In its modern form, the law was released in 1991 and last amended in 2003. The same law provides for the establishment of joint stock companies in Italy, as this type of entity can be used to register a cooperative company.

There are no special requirements related to the opening of a cooperative company in Italy. Both natural individuals and companies are allowed to set up cooperatives in this country in various sectors of the economy, agriculture being one of the industries where cooperatives thrive. Also, there are no minimum share capital requirements for creating a cooperative company in Italy. However, these types of entities are required to donate 3% of their annual income to a mutual fund in Italy.

How to establish a cooperative company in Italy

Given that the cooperative company must be registered as any other type of company with the Trade Registrar in Italy, the main documents to be prepared are the memorandum and articles of association which must contain a reference to the fact that the company is a cooperative.

One of the main advantages of cooperatives in Italy is that they can enter into partnerships with companies in the private, as well as in the public sector. This is also because, the municipalities can also participate in cooperatives.

For full information on the advantages of setting up a cooperative company in Italy, do not hesitate to contact us. Our company registration consultants in Italy can also help foreign investors who want to create a cooperative.

 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Rome and Milan

Call us now at +39 023 663 8610 to set up an appointment with our lawyers in Rome and Milan, Italy. Alternatively you can incorporate your company without traveling to Italy.

As a BridgeWest client, you will benefit from:

  • - 24 hour response time guaranteed
  • - cost- efficiency  
  • - dozens of articles and free information on the best Italian structures.
     

Online Incorporation

tax-calculator-italy

Tax Calculator

tax-calculator-bulgaria

Testimonials

mihai-cuc.jpg

Starting a company in Italy can be difficult since it involves such complex procedures. The team from CompanyIncorporationItaly is very qualified and benefits from extensive expertise in this area.

Mihai Cuc, Partner of
Enescu & Cuc Law Firm
www.romanianlawoffice.com

Read more testimonials

We recommend ClientPedia

This website is marketed by ClientPedia

banner Clientpedia.jpg