Services for companies doing business in Italy

The nominee director in Italy:

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• is an individual resident in Italy

• opens bank account for company

• is less expensive than an employee

• is a professional not an employee of the company

• acts as a non executive director

• has the mandate to act in the board of directors of the company

• carries out the will of shareholders

• acts on behalf and in the name of the represented company

• is the legal representative of the company

• if the articles of association of the company requires that the nominee director needs to have a share qualification, he has to get it into a term 

• has the task to accelerate the registration of the company on behalf of a foreign investor

• prepares the annual documents to be deposited by the company at the chamber of commerce (at which there is the register of companies), INPS (employees pension fund), INAIL (employees accident fund), agenzia delle entrate (tax authority) and relevant registers

• has the same tasks as the regular director

• provides to the competent authorities all required information about the company

• keeps books of accounts, registers and other documents

• drafts yearly statements of accounts

• summons the general meetings of the shareholders

• takes part at the annual audit

• gets release of licenses for company activity

• signs balance sheet, main administrative fulfillments and company agreements

• registers the necessary documents at the relevant authorities

• arranges and controls on behalf of the company the commercial transactions

• arranges and controls the activities of the company in case of liquidation process or merger and de-merger procedure