Srl stands for Società e Responsabilità Limitata and is the equivalent of a limited company in the UK or Ireland.
Advantages
Costs
- Chamber of commerce annual fee of about 200 Euros
- Company books annual tax 309 or 519 Euros depending on the capital of the company
- Filing the balance sheet to the company registrar 130 Euros
- Changes of directors, giving them proxies or making other changes, attracts a company registrar tax of around 160 euros.
More information is available elsewhere on setting-up as a sole-trader in Italy or limited company formation in Italy, whichever is more appropriate for your circumstance.