The VAT rules that Italy follows are contained within the VAT Law, while tax authorities issue administrative doctrines that include statements on the VAT compliance rules. The Ministry of Finance oversees the entire VAT System. The current VAT rate applied in Italy is 22%, however, lower rates apply. One of our company formation agents in Italy can offer information…
The maintenance and repair of ships and boats is a mandatory activity for ship-owners, whether they are private owners or commercial companies that need to upkeep a fleet of ships. Investors who set up a business for the repair and maintenance of ships and boats in Italy can provide services to both corporate and…
Investors who open an advertising and marketing company in Italy enter a dynamic and evolving business field, one in which digital advertising is increasingly more important. Creativity remains an important trait in this business field, amplified by the country’s cultural and historic heritage. The market is shared both by international agencies and…
Foreign citizens and companies can establish various types of structures in Italy, including trusts. Even if no specific legislation provides for the establishment of trusts, both local and foreign trusts are recognized in Italy. The country was one of the first signatory members of The Hague Convention which covers the creation of trusts. Our company formation agents in…
Foreign investors are allowed to open companies in Italy just like local ones. The steps related to the company formation process is also the same for both local and foreign enterprises, where a corporate bank account is required. Our Italian company formation agents can assist foreign investors with the whole company incorporation process. The same team can…
One 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…
The Italian Commercial Code provides for several types of structures for opening a company here. Among the most employed ones are the limited liability company and the joint stock company. While the former is more appropriate for smaller businesses, the joint stock company is the preferred options of large investors and companies. Our company incorporation agents…
Foreign investors coming to Italy can choose to open new companies or they can enter into franchise agreements or joint ventures with local businesses. No matter the way they want to do business in Italy, the Government supports their initiatives through various incentives. During the last years, joint ventures have become quite popular in Italy thanks to the…
The investment fund industry in Italy has become quite prosperous during the last few years, as the National Bank and the Securities and Exchange Commission (CONSOB) have enabled several EU regulations related to the opening of investment funds. These directives have put Italy on the map of qualified investors interested in this industry.…
Collective investment schemes are among the most popular in Italy. This happens because recently this country adopted the EU directive which allows collective undertakings for investments in transferable securities (UCTIS) to be marketed all over Europe provided that they meet the requirements of this directive. There are two types of UCITS funds which can be established in…