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Italian new company registration requirements for Chinese entrepreneurs

Foreign entrepreneurs who wish to register a new company in Italy must meet the following requirements:

  1. Obtain a Fiscal Code: The Fiscal Code (Codice Fiscale) is a unique identification code assigned to individuals and companies in Italy. Foreign entrepreneurs must obtain a Fiscal Code before they can register a company.

  2. Choose a company type: Foreign entrepreneurs can choose to register their company as a limited liability company (SRL), a joint-stock company (SPA), a partnership (SNC), or a sole proprietorship (Ditta Individuale).

  3. Reserve a company name: The company name must be unique and not already registered in Italy. Foreign entrepreneurs can reserve a company name by filing a request with the Chamber of Commerce.

  4. Prepare company documents: The company's Articles of Association (Atto Costitutivo) and Bylaws (Statuto) must be drafted and signed by the founders. If any of founders doesn't speak Italian or English, a apostille or procura legalizato is needed.

  5. Appoint a legal representative: Foreign entrepreneurs must appoint a legal representative who is a resident of Italy and can act on behalf of the company.

  6. Open a bank account: The company must open a bank account in Italy to deposit the initial capital.

  7. Obtain necessary licenses and permits: Depending on the type of business, foreign entrepreneurs may need to obtain additional licenses and permits to operate in Italy.

Foreign entrepreneurs may also need to provide additional documentation, such as a passport, residence permit, and proof of capital, to register a company in Italy. It is recommended to seek the assistance of a legal or accounting professional to ensure compliance with all registration requirements.

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