Chartered Accountants & Tax Advisors — Since 1971
Enter the Italian Market with Confidence
Open a branch in Italy, register for VAT or appoint a fiscal representative. Professional guidance by Italian chartered accountants.
Serving foreign companies from Europe, UK, US, Asia and beyond since 1971.
Navigating Italian Market Entry
Italy offers strategic opportunity, but its regulatory environment demands expert navigation.
For foreign companies seeking to operate in Italy, the choice between a branch, subsidiary, or direct VAT identification carries significant tax and compliance implications. An incorrect setup can lead to unexpected tax exposure and penalties.
Our role is to provide clarity. Through a structured assessment, we evaluate your situation and recommend the most appropriate legal and fiscal structure — ensuring compliance from day one.
Our Advisory Services
Comprehensive support for foreign companies entering the Italian market.
Open a Branch in Italy
Full operational presence in Italy — from Chamber of Commerce registration to ongoing tax compliance.
Read full guideVAT Registration for Foreign Companies
Italian VAT registration without a physical presence. For EU and non-EU companies with taxable operations.
Read full guideStart a Business in Italy
Compare all entry options: branch, subsidiary, VAT registration or representative office.
Read full guideInteractive Tool
Branch Finder
Not sure which legal structure fits your needs? Answer three quick questions and receive an instant preliminary recommendation.
This tool provides general guidance only. For a formal evaluation,request a free consultation.
Step 1 of 3
What is your primary objective in Italy?
Entity Comparison
Compare the key characteristics of different Italian business structures.
| Feature | BranchPermanent Establishment | SubsidiaryS.r.l. / S.p.A. | Rep. OfficeUfficio di Rappresentanza |
|---|---|---|---|
| Legal Personality | |||
| Commercial Activity | |||
| Italian Corporate Tax (IRES) | |||
| VAT Registration | |||
| Hire Italian Employees | |||
| Setup Time (approx.) | 4–12 weeks | 6–12 weeks | 2–4 weeks |
| Setup Cost Range | €5,000–15,000 | €5,000–12,000 + capital | €1,500–3,000 |
| Annual Compliance Cost | €7,000–20,000 | €10,000–25,000 | €2,000–5,000 |
| Minimum Share Capital | None | €10,000+ | None |
| Parent Liability | Full | Full | |
| Chamber of Commerce Registration |
* Costs are indicative estimates. Actual costs depend on complexity and specific requirements.
Our Firm
Studio Valpiani Passarini Giuri
Founded in 1971 in Bologna, our firm has over five decades of experience advising international businesses on Italian tax, compliance, and corporate structuring. We combine deep technical expertise with a client-first approach.
50+
Years of Experience
1971
Founded in Bologna
20+
Countries Served
Why Work With Us
A trusted partner for international businesses since 1971.
50+ Years of Experience
Established in 1971, decades of expertise in Italian tax and corporate law.
International Focus
Specialized in serving foreign companies navigating Italian regulations.
Risk Prevention
Proactive advisory to prevent costly compliance errors and tax exposure.
Senior Professionals
Direct access to chartered accountants with deep technical expertise.
Are you an accounting firm or tax advisor with clients entering Italy? Explore our Tax Partner Program →
Ready to Discuss Your Situation?
We reply within one business day. No obligation, no sales pressure — just expert guidance from Italian chartered accountants.