Before buying a company in Italy, starting business with another firm or concluding an important contract, it is recommended to make a short verification in order to find out if there are any legal problems that may cause troubles in the future. You need to know if that Italian company has any debts, if it is in the middle of the liquidation process, its age, its shareholders and address etc.
If you don’t know how to verify all of these and you need someone to perform a due diligence process, you may contact an Italian lawyer.
A few basic information about an Italian company you may find out from the European Business Register which offers online details about companies registered in Europe. The distributor for the information in Italy is InfoCamere. The entity responsible for gathering all the information related to Italian companies is the local Chamber of Commerce in every region. In Italy, there are registered over six million companies, most of them individual companies.
The video below offers a short presentation on the verification of an Italian company:
The entrepreneurs who want online information directly from the source can go to registroimprese.it, a service provided by the Chamber of Commerce. On this website there are a lot of data from: the Trade Register, the Register of Protests, the patent and trademark database.
This service offers access to the database of the Chamber of Commerce for the entrepreneurs, companies, freelance professionals and other categories of citizens who are interested in different kind of information, such as the reliability of the business partners, shareholders and other businessmen. This system is available since 1996, according to the Civil Code.
There are Trade Registers at every Chamber of Commerce, every entity has a regional jurisdiction and it is managed by the local Chamber of Commerce.
The foreign entrepreneurs who need more information about how they can verify an Italian company may contact our law firm in Italy. Legal assistance and services are offered by our Italian lawyers who can help you with the incorporation or liquidation of your company in this country.