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Fees and timelines in 2023

Fees

pay engagement cost by instalmentItaly incorporation costs in Year 1 amount to €5,650 and annual company costs in Year 2 and thereafter amount to €1,850. The average total fees per Italy engagement amounts to €14,150, including company incorporation, company secretary, corporate bank account, and legal registered office.

Different Italy entity typesCostDraft invoice
Tax resident LLC€14,150View invoice PDF
PLC€14,650View invoice PDF
Free zone company€12,000View invoice PDF
Branch of a foreign company€14,150View invoice PDF
Representative office€12,150View invoice PDF

Other fee considerations

Timelines

The average engagement period for Italy business setup is 2 months as outlined below:

Tax resident LLCPLCFree zone companyBranch of a foreign companyRepresentative office
Engagement planning1 week2 weeks1 week2 weeks2 weeks
Company incorporation2 weeks3 weeks2 weeks2 weeks2 weeks
Corporate bank account4 weeks4 weeks4 weeks4 weeks4 weeks
Corporate internet banking2 weeks2 weeks2 weeks2 weeks2 weeks
Engagement completion1 week1 week1 week1 week1 week
Total timelines2 months3 months2 months3 months3 months

italy business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Italy, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon
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