Who can be a shareholder

A company may be set up and owned by any Italian or EU citizen or a non-EU citizen holding a valid residence permit and for whom the condition of reciprocity has been verified. Foreigners are allowed to enjoy the civil rights attributed to Italian citizens to the extent that Italian citizens may carry out the same actions in the foreign country. The condition of reciprocity does not affect fundamental rights, but only those having to do with property (real estate purchases, incorporation of companies, etc.).

Minors, too, and incapacitated and legally incompetent individuals may become shareholders by way of a series of specific permissions. This is the case where a child inherits a shareholding; or where there is a shareholding by a person for whom a supporting administrator has been appointed. Given that these are very special cases, in-depth advice from a notary is needed before any decisions are made.