Light Branch in Italy

Ready to start your business and set up a light branch in Italy? This article offers information about the key steps of incorporation, characteristics of this entity, and other useful details. You can also check our online services and get a quote from our team of specialists in company formation in Italy.

What is a light branch in Italy? Is this a popular business option?

It acts as a representative office in Italy, but with specific limitations and advantages.

How is a light branch known in Italy?

• Sede secondaria,
• Succursale.

Can a light branch generate profits in Italy?

No.

What are the features of a light branch in Italy?

• can be set up as a permanent business presence of a foreign company,
• there is no need to incorporate a separate legal entity to own a light branch in Italy,
• must meet specific requirements to be operational,
• it acts as an extension of a foreign enterprise which is responsible for the light branch in question.

What are the key activities of an Italian light branch?

• promotional & advertising,
• marketing research,
• gathering info about specific business sectors in Italy.

Can EU and non-EU companies set up light branches in Italy?

Yes. There are no restrictions if all documents & requirements are met.

Is a minimum share capital needed for opening a light branch in Italy?

No.

NOTE: The parent company supports the expenses of a light branch in Italy.

Is a legal representative required for a light branch in Italy?

Yes. He or she will handle the incorporation/establishment of the light branch in Italy, such as:

• Bank opening procedures,
• The registration with the local authorities,
• Signing business contracts, and more.

What documents are needed for opening an Italian light branch?

• copies of the foreign company’s documents: extract, Articles of Association, Certificate of Incorporation, other constitutional documents,
• proof of a registered business office of the light branch in question,
• board resolution or declaration stating a light branch is established in Italy,
• IDs/passports of shareholders,
• completed application forms.

Where do I register a light branch in Italy?

At:

• Chamber of Commerce,
• Italian Business Register.

Is tax registration required for a light branch in Italy?

Yes. You will have to get the Codice Fiscale from the Italian Revenue Agency.

Are there any precautions or recommendations in setting up a light branch in Italy?

• the representative agent of a light branch cannot negotiate business deals,
• business contracts must be verified by the parent company,
• if the light branch generates revenues, it will have to update its status.

What is the time frame to set up a light branch in Italy?

About 2-4 weeks.

Explore more about company incorporation in Italy and set up your light branch with our team of specialists. Please use our online services and contact us for further details on this topic. You can also benefit from our special offers.