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  1. 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.

  2. Barilla is an Italian multinational food company founded in 1877. It is the world's largest pasta producer. [2] History. The company was founded in 1877 as a bakery shop in Parma, Italy, by Pietro Barilla Sr. The company expanded in 1908, and in 1910 Barilla inaugurated a new pasta factory equipped with a "continuous baking" oven. [3]

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  4. History. Founded On 1899. In 1934 Have New SPA Logo. In 1987 Have An Current Logo. Was Created By Fiat.

    • Sources and Legislation Features
    • Definitions and Purpose
    • Formation
    • Accountability and Governance Structure
    • Transparency Requirements and Control Systems
    • Specific Tax Treatment

    The legal transplant of the benefit corporation into the Italian system was not the result of a long academic and political debate, considering that the provisions regulating società benefit were included in the 2016 “Stability Law” (a law aimed at regulating the country’s economic policy through public finance and budgetary measures) approved at t...

    With regard to the purpose, the Italian law resumes the provisions of Delaware: SB are characterized by a dual-purpose clause, combining the production of profits and the pursuit of both a “General” and (one or more) “Specific” public benefits.Footnote 46 Società benefit shall pursue, in addition to the profit-making purpose, one or more public ben...

    Both newly established companies and already existing companies can acquire the status of società benefit. A new SB shall be incorporated in accordance with the applicable company law and società benefit statute. An existing company may become a società benefit by amending its articles of incorporation and by-laws (so that they contain the double-p...

    The direct consequence of the inclusion of a public benefit purpose in the corporate purpose clause is the alteration of the governance structure and the powers, duties, and responsibilities of the directors. With regard to directors’ duties and responsibilities, Italian law draws its inspiration from the Delaware statute. In fact, it requires the ...

    To create greater accountability and transparency, companies adopting the “for-benefit” model are required to publicly report on their social and environmental performance so that customers, workers, investors, and policy makers can assess the company’s impact. In regulating the transparency requirements and the control system, the Italian law does...

    With regard to tax treatment, in Italy, there are no specific tax advantages associated with the use of the “for-benefit” model.Footnote 75 Società benefit are subject to ordinary income tax rules provided by the Income Tax Code (TUIR) Footnote 76for each business organizational form.

    • Livia.Ventura@cisl.cam.ac.uk
  5. In this article, we’ll discuss the different forms of legal entities in Europe, including private and public limited companies, limited partnerships, sole proprietorships and associations. We also look at associated aspects such as corporate governance, accounting, and status declaration.

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  7. 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.

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