home  › Laws and taxes

Camber of Commerce now allows companies to register in English

by Marzio Bartoloni

To make Italy more attractive to investors, and to help Italian companies find new markets overseas, the nation's official corporate registry -- the databank that collects information on all companies belonging to chambers of commerce -- will “speak” English as well as Italian from now on.

Starting a few days ago, company registration reports and company registration certificates began including an English-language version alongside the Italian one: anyone needing official documents can ask for them through the registry office either via Internet (www.registroimprese.it ), mobile systems, or at the headquarters of the Chamber of Commerce.

The English version of the registry certificate is aimed at providing increased access to information to foreign companies who want to better understand the legal structure and primary economic data of an Italian company.

The document contains a “short profile” with legal status, taxpayer ID, VAT registration number, address, email, telephone number, website address, owner's name and the year the business started.

The part on “activity” identifies the sector a company operates in using its “NACE” code (European classification for industrial activity), and notes any quality certifications.

A part called “the company in figures” includes share capital, number of employees and partners.

The entire document includes overlapping sections such as “company identification” (lists of contacts); “governance structure;” “assets and financial information;” “extraordinary items” (like potential mergers); “economic activity;” “enrollment in professional registries;” and “quality certifications” include the international NACE code specifying sector in addition to quality certifications; “employees” (number of employees and freelancers); “shareholders and holders of other forms of rights to shares” (a list of all stockholders); “Company officials” (all managers); “branches and other offices” (list of all offices outside the main headquarters, with addresses and the date they opened).

The document also contains a “QR Code” to make sure the document corresponds with a company's registration report.