Opening a branch in Italy is a suitable option for foreign companies looking to establish a presence in the Italian market in a more cost-effective and streamlined manner than setting up a subsidiary. A branch is often appropriate for a foreign company looking to expand their influence in the same product/service sector but within a new market.
Studio Perani can assist companies set up a branch in Italy, specifically:
- Registration of the branch with relevant government bodies
- Ensure compliance requirements are met such as appointment of branch representative, Italian VAT number
- Ongoing corporate taxation support such as book keeping, periodic reporting, financial statements