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Società per azioni (S.p.A. or spa) is a form of corporation in Italy, meaning 'company with shares' (although often translated as ' joint-stock company ', which may or may not be a limited liability entity). It is more or less equivalent to S.A. or public limited company (PLC) in other countries.
Le società per azioni, che possono essere sia private sia partecipate a maggioranza dallo Stato, esistono tipicamente per svolgere attività di business e investimenti.
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A joint-stock company is an artificial person; it has legal existence separate from persons composing it. It can sue and can be sued in its own name. It is created by law, established for commercial purposes, and comprises a large number of members.
Oct 23, 2003 · A "Societa per azioni" is analogous to an American corporation. A "Societa a responsabilita limitata" is the equivalent of a joint stock company with limited liability. A "Societa in nome collettivo" is a general partnership whose members have unlimited liability for all its obligations.
In Italy, two common forms of capital companies are the “S.p.A.” (Società per Azioni) and the “S.r.l.” (Società a Responsabilità Limitata). Here are the main characteristics and differences between them: Legal Structure – S.p.A. is a public limited company that can offer its shares to the public. It is subject to more stringent ...
Società per Azioni (S.p.A.) A Società per Azioni is a public limited company by shares. This form of corporation better suits the needs of large businesses requiring a significant amount of capital.
