For foreign companies seeking to establish a direct presence in the Italian market, incorporating a wholly owned subsidiary is one of the main options for conducting business in Italy while maintaining full control over the local operation.
In its latest publication, EXP Legal provides a practical overview of the key aspects involved in establishing an Italian subsidiary as an S.r.l. or S.p.A., including the reciprocity requirement, the Deed of Incorporation and Articles of Association, share capital, governance, registered office, corporate purpose and documentation required from the foreign shareholder.
The article also addresses practical requirements relating to the Italian tax identification number, powers of attorney, translations, notarizations and apostilles, as well as the importance of coordinating the corporate, regulatory, tax and operational aspects of the investment from the outset.
Read the full PDF at the following link.