Short answer
A partnership where all partners are personally and jointly liable. Cheap to form, risky.
Information, not legal advice. MovItaly is not a law firm. Check with the questura or consulate before you act.
Who is this for
Two or more people who run a small shared business and trust each other fully.
Key facts
- Minimum capital
- none.
- Liability
- unlimited and joint for all partners.
- Taxation
- the company is transparent. Profit is split among the partners and taxed under their own IRPEF. IRAP applies at company level.
- Setup
- private or notarial deed, registration at the Registro Imprese, 1 to 2 weeks.
- Bookkeeping
- simplified or ordinary depending on revenue.
- INPS
- each partner who works in the business pays artisan or trader contributions.
- INAIL, Camera di Commercio
- as above.
- Permesso for non-EU citizens
- each foreign partner needs a permit that allows self-employment.
Sources
- Registro Imprese - Comunicazione Unica d'Impresa (Camera di Commercio / Unioncamere)
- Apertura partita IVA (Agenzia delle Entrate)
- INPS - iscrizione Gestione Commercianti (e artigiani) (INPS)
- Italia Startup Visa and startup innovative (Ministero delle Imprese e del Made in Italy)
