{"id":944,"date":"2023-09-25T18:59:01","date_gmt":"2023-09-25T16:59:01","guid":{"rendered":"https:\/\/padlex.com\/?p=944"},"modified":"2023-10-03T17:50:30","modified_gmt":"2023-10-03T15:50:30","slug":"kind-of-companies-in-italy","status":"publish","type":"post","link":"https:\/\/padlex.com\/en\/kind-of-companies-in-italy\/","title":{"rendered":"Kinds of companies in Italy"},"content":{"rendered":"<p>There are several kind of companies by which you can carry out a business in Italy and we thought that it could be useful for a foreign reader to find some initial information about that. Please consider that this short note is only meant to provide a very limited set of basic information that we will be glad to discuss with you in more details in case of interest.<\/p>\n<h3><strong>Ways to carry out a business in Italy<\/strong><\/h3>\n<p>In Italy, businesses can be carried out either by one person (who is known as an <em>imprenditore individuale<\/em>, a sole trader) or by two or more persons putting resources together with the view of profit (<em>societ\u00e0<\/em>). There are several kinds of companies in Italy, but let us start from the beginning&#8230;<\/p>\n<p>When two or more persons agree to carry out a business by putting resources together, they are starting either:<\/p>\n<ul>\n<li>a partnership (<em>societ\u00e0 di persone<\/em>) or<\/li>\n<li>a company (<em>societ\u00e0 di capitali<\/em>).<\/li>\n<\/ul>\n<h3><strong>Partnerships (<em>societ\u00e0 di persone<\/em>)<\/strong><\/h3>\n<p>As a general rule, with limited exceptions concerning only the <em>societ\u00e0 in accomandita<\/em>, partners in a partnership do not enjoy limited liability and therefore are jointly and severally liable with the partnership for its obligations. Although very unusual, partnerships can be set up by oral agreement and there is no minimum amount of money or assets required to start them.<\/p>\n<h3><strong>Companies (<em>societ\u00e0 di capitali<\/em>)<\/strong><\/h3>\n<p>In order to enjoy limited liability, the partners have to set up either:<\/p>\n<ul>\n<li>a <em>societ\u00e0 a responsabilit\u00e0 limitata<\/em> (<em>srl<\/em>, a private limited company) or<\/li>\n<li>a <em>societ\u00e0 per azioni<\/em> (<em>spa<\/em>, a public limited company).<\/li>\n<\/ul>\n<p>The <em>srl<\/em> is a multi-purpose vehicle that can fit the needs of SMEs in most cases. It easier to run than a <em>spa<\/em>, which is the model company generally used to run larger businesses.<\/p>\n<p>Both <em>srl<\/em>s and <em>spa<\/em>s, as a general rule with some limited exceptions, have to be set up by means of a notarial deed.<\/p>\n<p>While <em>srl<\/em>s can be started with as little as one-euro initial corporate capital, the minimum amount required to start a spa is euro 50.000.<\/p>\n<p>It is important to add that the law allows to start companies in Italy with a sole shareholder, who still enjoys limited liability.<\/p>\n<p>For more information about the kinds of companies in Italy, visit this <a href=\"https:\/\/padlex.com\/en\/areas\/commercial-law-contract-law-ma\/\">link<\/a> or contact us at this <a href=\"https:\/\/padlex.com\/en\/uscontact-us\/\">link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are several kind of companies by which you can carry out a business in Italy and we thought that it could be useful for a foreign reader to find some initial information about that. Please consider that this short note is only meant to provide a very limited set of basic information that we [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":945,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-categorizzato"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kinds of companies in Italy<\/title>\n<meta name=\"description\" content=\"There are several kinds of companies available to those who want to run a business in Italy. Find more information in this article.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/padlex.com\/en\/kind-of-companies-in-italy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kinds of companies in Italy\" \/>\n<meta property=\"og:description\" content=\"There are several kinds of companies available to those who want to run a business in Italy. 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