Setting Up a Company

Types of Companies and Capital (Max/Min)	Number of Partners/Shareholders and Liability
La Societa a responsabilita limitata (SRL) is a limited liability company. EUR 10,000 minimum, 3/10 fully subscribed and paid up at the creation of the company.	no limitations Liability is limited to the amount of capital contributed.
La Societa per azioni (SpA) is a public limited company EUR 120,000 minimum, 3/10 fully subscribed and paid up at the creation of the company.	no limitations Their liability is limited to the amount of capital contributed.
La Societa in nome Collettivo (SNC) is a general partnership no minimum capital.	no limitations Their liability is joint and indefinite.
La Societa in Accomandita Semplice (SAS) is a limited joint-stock partnership . no minimum capital.	There are two types of partners, the active partners and the silent partners. The liability of the active partners is unlimited.
La Societa Cooperativa (SC) is a cooperative society. no minimum capital.	no limitations Their liability is limited or unlimited according to the Articles of Association.

The Competent Organization: The administrative procedures must be analysed by a legal affairs office of the Ministry of Justice.

The activity of the company is subject to abilitazioni (certificate of professional aptitude), to autorizzazioni o licenze (licenses) and to the denuncia di inizio attività (declaration of beginning of activity).
Chambers of Commerce provide companies with support services in training and internationalization and gather necessary economic information concerning aspects of entrepreneurial activity.
Search a Company or a Financial Report: Info Camere

Source: Doing Business.

Business Setup Procedures: Consult Doing Business Website, to know about procedures to start a Business in Italy.
Infocamere, only in Italian.

Working Conditions

Legal Weekly Duration: 40 hours.
Retirement Age: 65 with a minimum of 25 years' contributions.
Working Contracts: The work contract is governed by legal provisions and to a lesser extent by collective agreements.
The work contract, conditions of hiring and dismissal are quite strict.

There are open-ended contracts, fixed term contracts, or contracts for specific tasks or occasional services.

Minimum Wage: There is no legal minimum wage.
Average Wage: About EUR 1,100/1,200 per month. It is one of the lowest in Europe.
Social contributions: Social Security Contributions Paid By Employers: 30 %
Social Security Contributions Paid By Employees: 10%

Unions: Unione italiana del lavoro
Confederazione generale italiana del lavoro (CGIL)
Confederazione italiana sindacati dei lavoratori (CISL)
Unionization Rate: Between 70 and 79%.
Labor Regulation Bodies

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