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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. The other common form of corporation in Italy ...
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 ...
Saipem S.p.A. (Società Azionaria Italiana Perforazioni E Montaggi lit. Drilling and Assembly Italian Public Limited Company) is an Italian multinational oilfield services company and one of the largest in the world. Until 2016 it was a subsidiary of Italian oil and gas supermajor Eni, which retains approximately 30% of Saipem's shares. [2]
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).
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 Share Capital and Shares S.p.A. share capital may not be lower than € 50,000.00, and is divided into “shares”, which can be physically [..Read more..]
An S.p.A. requires a minimum of €50,000.00 while it is only €10,000.00 for a S.R.L. and at least 25% of the capital must be paid at the time of incorporation; Under Italian law, An S.p.A. must have a committee of auditors, while an S.R.L. does not need aboard of statutory auditors except in specific cases under art. 2477 of the Italian ...
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Italy has a civil law legal system. There are basically two forms of company with limited liability, i.e. “Società per Azioni” (S.p.A.) – Joint-Share Company (Incorporation) – and “Società a responsabilità limitata” (S.r.l.) – Limited Liability Company. In the cases of a S.p.A. and a S.r.l., the Company is only answerable with ...
