Business
Srl and SpA companies, notarial deeds and the new insolvency code
Companies are governed by the Civil Code, with the Srl and the SpA the standard vehicles. Formation requires a notarial deed and registration in the Business Register, and distress is handled under the Code of Business Crisis and Insolvency.
Key rules
- An SpA requires minimum capital of EUR 50,000; an Srl can be formed with EUR 1 in the simplified form.
- Incorporation is by public deed before a notary, then registered with the Registro delle Imprese.
- Directors must set up systems to detect crisis early and act to preserve going-concern value.
Governing law
- Civil Code (Codice Civile), Book V
- Code of Business Crisis and Insolvency (Legislative Decree 14/2019)
In practice
The crisis code's early-warning duties expose directors personally, so governance and monitoring evidence matters well before formal insolvency.