Starting a Business in Italy

10 Replies

Hi All Just wondering how easy is it to set up a business in Italy? Is there a lot of paperwork to be completed? Also, hoe does this process compare to setting up a business in France? Is it easier? Many thanks. Snowybabe Snoybabe

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Jimbo-764410 1231195236

Ithink it depends on what sort of a company you want to set up. Can you provide more details? Is it a partnership/sole trader/franchise? will you be trading solely in Italy/solely abroad/both? Those sorts of things.



I'm living so far beyond my income that we may almost be said to be living apart.

purplesally-764401 1231252575

Starting a business in Italy can be quite complicated. I've never done it in France so I don't know how it compares. Here you have to decide what type of company you want to be and this has a big impact on your billing, taxes and initial fee. To start a limited company here, you need about €4,000 of fees etc and then about the same again goes out in yearly bills...... If your business is a one woman show, you can open a "Partita IVA" for €0 and start working tomorrow. What are you planning on doing?

SNOWYBABE-766567 1231253749

Hi


I am hoping to start an internet based business with my husband. However, we could put it in one of our names and therefore take your "Partita IVA" option.


What is a "Partita IVA"?


Do you know of any other internet sites where I could get some more information?


Many thanks



Snoybabe

Anouk-766441 1231351813

Hi purplesally


Can you tell me about the Partita Iva as the office in Siena does not speak any English and I don't know if they have a category for my work ( healer vibrational energy work) or indeed whether I need one or not. I can't get any answers.


Anouk

purplesally-764401 1231756803

Hey there,


Sorry for the delay in replying - I'm just back to work today! Anyhow, in order to get a petitia IVA, you have to go to the ufficio delle entrate (same place you go for your codice fiscale) and ask for it.

Anouk-766441 1231767445

Hi


I tried that but they walked away because they didn't speak English so I was back to square one.


Anouk.

Luchetti and Partners 1232362393

Can't speak for France, but the process here in Italy is not the most straight forward. It very much depends on the type of business you want to set up and where you want to operate.


For a limited company for example, as well as the fees (the formation formalities are completed before a Notary), you will need to have a share capital of €10,000. However, this is not all.


If you need more information, please do drop us a line.




www.luchettipartners.com

Luchetti & Partners 1241710381

Italian bureaucracy is much incident, so we have to see what kind of business you should do. Our legal system and tax administration is different from France. Our advice is:


1) make a Business Plan


2) do a feasibility study including a Legal, Tax, Administrative and Financial planning.
At that point you know the timing, modalities and costs of realization.



Luchetti & Partners


Client care service


info@luchettipartners,com


www.luchettipartners.com




moneypenny-764480 1242038720

2) do a feasibility study including a Legal, Tax, Administrative and Financial planning.
At that point you know the timing, modalities and costs of realization.


That makes it sound easy. I have been trying to get advice on setting up a business but there seems to be so many different ways to be a business in this country and a lot of them are very expensive to start - not to mention the taxes due.


Does anyone know how legal it is to set up a UK business in Italy - or how to go about it? Is it sufficient to have an address in the UK or is it really a legal minefield?


Thanks. Any and all information would be greatly appreciated.




Luchetti and Partners 1242232077

For obvious reasons we can only provide you with a guideline indication of what is involved because we don't know what type of business you want to set up.


By now you will have gathered that setting up a company in Italy is not that straightforward.


As far as your last question is concerned, we would encourage you to seek professional advice on the matter.






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