Business owners who want to register a company in Italy must make an application to Italian Business Register belonging to the Chamber of Commerce. The register has a provincial jurisdiction, meaning that an Office exists at each Chamber of Commerce in the country.
The Italian Business Register stores and manages information about each company incorporated in Italy. Companies in all business sectors are registered here, including Italian branches. The main information that is recorded about each company includes:
The Register has an essential role in the company incorporation process. It also aids the development of the companies, facilitates the company’s relation with other public companies and supervises the company’s activity so that the legal entity complies with all the legal requirements provided by the Italian law.
All types of companies in Italy can be registered at the Business Register. However, certain types of organizations, associations and public bodies are not required to register but must inform the R.E.A (Economic Administrative Index in Italy) when they perform economic activities.
The Business Register includes an ordinary section that includes partnership and corporations, cooperatives or foreign companies with a branch in Italy. The special section includes individual farmers (natural and legal persons), small businesses, simple partnerships and tradesmen.
Business owners who make an application to register a company in Italy must submit the required form or forms along with other relevant documents like the Articles of Association, details about the company members and shareholders, the company’s VAT number, the Social Security Administration registration, the Accident Insurance Office registration. Documents issued by the Italian tax authorities are also necessary.
When filed electronically, the single notice the company must provide a valid email address. The company will receive the documents within one week after submitting the application. The notices, communications and receipts for filing will be sent electronically to the certified email address given by the company.
Our company registration agents in Italy can help you throughout the company incorporation procedure.
All the information submitted to the Business Register is available to the public. The register offers both economic and legal information about the companies registered therein. By maintaining this comprehensive company database, the Italian Business Register allows for a free and transparent communication between Italian legal entities and the public.
Registered data about an Italian company can be acquired online using the InfoCamere portal or by requesting the information directly from one of the offices belonging to the Chamber of Commerce. The portal can be easily consulted by any individual or company in order to find out more about business partners or suppliers.
The portal can be used both by businesses, professionals in Italy and citizens who want to find out more about a potential employer. Those seeking to know more about a company registered in Italy have access to information including the company’s certificate of incorporation, the budget or balance sheet for the previous year and any procedures that are currently underway like company liquidation. Certain online services offered by the Business Register can be accesses without registration but the user will need to be registered to access most of the services.
Considering the latest developments related to the legislation on opening companies in Italy, both non-EU and EU residents benefit from various incentives when setting up businesses in this country. One of the most important amendments refers to the company incorporation timeframe which has been lowered to 5 days from the previous several weeks. Registering a company in Italy nowadays takes 5 days to complete, the process including the opening of the corporate bank account and the VAT registration. One will only need a couple of hours to set up the account, as for the VAT number can be obtained prior to the company registration.
Compared to other countries, such as the UK, where the company registration procedure takes less but it is more complicated for foreign entrepreneurs, the company formation process in Italy takes longer, however it does not imply additional steps.
Our company incorporation package includes:
Other services for which we receive many inquiries and mandates from foreign clients are: establishing branches or representative offices in Italy for foreign companies;
For full information on the services provided by our Italian company formation agents, please contact us.
Our agents can provide further legal information about the Register of Enterprises of Italy and they can help you register any type of legal form in Italy or other countries, such as Malaysia, Thailand or Denmark.