3 ms·
This is not exactly correct... "At least 10,000 Euros of capital that you were required to invest in the company.". You are required to "pledge" that amount, bu
by pierotofy 12y ago
This is not exactly correct... "At least 10,000 Euros of capital that you were required to invest in the company.". You are required to "pledge" that amount, but you are not required to invest all of it right away. You can invest as little as 2,500 (and the founder will owe in the books the remaining 7,500). It's still a significant amount compared to what's required to open a company in the U.S. however.
The notary fees absurdity is true. A disgusting privileged class problem.
"a lot of people told me it’d never happen, so why bother". Sadly, it's a very typical attitude among Italians.
- davidw 12y ago> This is not exactly correct... "At least 10,000 Euros of capital that you were required to invest in the company. You are completely correct, as is lultimouomo, but I skipped over the exact details - this article was aimed at a broader audience than those interested in the technical details of Italian company formation.
- pierotofy 12y agoThat's understandable. By the way, thank you for your efforts. Italy needs more people like you that push for entrepreneurial reforms. Right now a lot of talent is emigrating to other countries because of the difficulties to start a successful business (or even just a career).