This form of the limited liability company is the most widely used in Italy because of its organizational flexibility and limited liability. Although in the past it was intended for small companies, it is now also used for much larger and more active businesses.<\/p>\n
Shareholders will not be personally liable for company obligations, even if acting in the name and on behalf of the company.<\/p>\n
Company formation<\/strong><\/em><\/p>\n To make the best use of the flexibility of the S.r.l., allowing shareholders to shape the company to be as well-adapted as possible to the pursuit of its specific objectives, it is important to pay attention to the preparation of\u00a0the Articles of Association<\/strong>.<\/em> The articles of association must be drawn up by a notary, who is then required to file them with the Business Register.<\/p>\n The form of\u00a0management is extremely flexible<\/strong><\/em>. Alternatives include appointing a Sole Managing Director, a Board of Directors, or even a form of management where Directors are not appointed as a board and where they can exercise their powers jointly or separately, or, depending on the corporate governance model, jointly and others separately. Special rights may be assigned to particular shareholders, including administrative rights or the right to the distribution of profits.<\/p>\n Share capital<\/strong><\/em><\/p>\n The\u00a0minimum share capital<\/strong><\/em>\u00a0of a limited liability company is\u00a0\u20ac10.000.<\/strong><\/em><\/p>\n – At least 25% of the share capital must be paid to the directors on the signing of the Articles of Association (the remainder may be paid later) although contributions in kind must be made in full.<\/p>\n If the company has been set up with only one shareholder, the full amount of the share capital must be paid.<\/p>\n","protected":false},"excerpt":{"rendered":" This form of the limited liability company is the most widely used in Italy because of its organizational flexibility and limited liability. Although in the past it was intended for small companies, it is now also used for much larger and more active businesses. Shareholders will not be personally liable for company obligations, even if…<\/p>\n","protected":false},"author":1,"featured_media":304,"parent":822,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/848"}],"collection":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/comments?post=848"}],"version-history":[{"count":2,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/848\/revisions"}],"predecessor-version":[{"id":1177,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/848\/revisions\/1177"}],"up":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/media\/304"}],"wp:attachment":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/media?parent=848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}