Corporate

Incorporate an Italian Company

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Steps, legal requirements, and costs involved in incorporating a limited liability company (S.r.l.) in Italy for foreign entities.

Corporate criminal liability updating 231 model

line article - Corporate criminal liability updating 231 model

During a Conference organized by the Chamber of Commerce of Milan on 27 September 2010, the Italian Minister of Justice Angelino Alfano detailed the latest updates and reforms that have been brought to the Corporate Criminal Liability Law and the proposed reform of the Legislative Decree 231/2001, commonly called the 231 Models. The reforms aim to improve the applicability …

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Agency agreement termination compensation

 Question: I have been working in the UK for 10 years as a UK agent for an Italian principal company. We signed an agency agreement governed by the Italian laws. Said company was bought by another one when my agency contract and relationship were still pending.The new business asked me to sign a new agency agreement regarding the …

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Changes to the Italian corporate criminal liability law 231 model

line article - Changes to the Italian corporate criminal liability law 231 model

With the Legislative Decree no. 39/2010 having gone into force on 10 November 2010 as stipulated in the decision of the Court of Milan, forgery shall no longer be included in the list of crimes mentioned in Legislative Decree no. 231/2001. Forgery was removed due to a lack of coordination between standards, under the principle of legality. In …

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Public funds for 231 model

line article - Public funds for 231 model

INAIL (Italian Public Job Insurance Service) is disbursing funds to Italian enterprises in order to support initiatives to improve health and safety at work, through training and adoption of 231 Models. The disbursement ranges from a minimum of € 5,000 to a maximum of € 100,000.00. For expensive projects companies may apply for 50% to be …

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