Incorporation
SRL or SRLS, articles of association, share capital, registered office and first filings. The innovative startup for those who qualify.
Areas served · Turin centre
Accountant in Turin city centre
If you are looking for an accountant in Turin city centre, the practice is outside the ZTL (the restricted traffic zone) but on the same metro line: the office at via Sant'Antonino 52, in Pozzo Strada, is about ten minutes from Porta Nuova and Porta Susa. We see clients by appointment, and most meetings take place by video call.
01 · The area
Turin city centre: offices, practices and shops
The historic centre, between piazza Castello, via Roma, via Garibaldi and via Po, is the part of the city with the highest concentration of registered offices, professional practices, banks, shops and offices. Companies operating everywhere have their tax domicile here, professionals see clients in shared offices, and restaurants and shops work with tourists and commuters.
Anyone based in the centre needs an accountant who can be reached without losing a morning. Video calls solve almost everything; when you need to come in person, Pozzo Strada is ten minutes on metro line 1 from Porta Nuova, Re Umberto, Vinzaglio or Porta Susa, with no parking to find.
- From Porta Nuova or Porta Susa: line 1 towards Fermi, get off at Pozzo Strada, five minutes on foot.
- From via Po and piazza Castello: tram or bus to Porta Susa, then the metro.
- By car is worth avoiding: the ZTL and parking make the metro the simpler option.
- By appointment only: the office has no walk-in desk.
02 · SRLs and accounts
Companies with their registered office in the centre
Many SRLs (Italian limited companies) choose the centre for their registered office: a recognisable address, close to the banks, the law and notary firms and the Chamber of Commerce. A company's accounting and tax work does not change with the address, but the type of request does: here service, consultancy, trading and property companies prevail.
Bookkeeping
Ordinary accounting with double-entry bookkeeping, monthly bank reconciliation and periodic reports for the directors.
Financial statements
Preparation, notes to the accounts, approval by the shareholders and filing with the Companies Register.
Taxes
IRES (corporate income tax), IRAP, advance and balance payments, the annual VAT return and form 770 for withholding taxes.
Directors
Remuneration, TFM (end-of-mandate payment), expense reimbursements and benefits for those who run the company.
Governance
Adequate organisational structures and management control, with an auditor once the thresholds are exceeded.
Partnerships follow different rules: the page on SNC and SAS explains tax transparency and the partners' liability. For moving from one form to another, see conversion and merger.
03 · Self-employed professionals
Lawyers, consultants and self-employed professionals in the centre
The centre is the natural home of law, consultancy and design practices. These are professionals with an individual partita IVA (Italian VAT number) or in an associated practice, often with employees, a lease for the office and a professional pension fund of their own.
| Topic | What it involves | Note |
|---|---|---|
| Tax regime | Flat-rate scheme within the limits, otherwise the ordinary regime on a cash basis | Pension fund contributions are deducted when paid |
| Rented office | Registered lease, deductible rent | With coworking the deduction follows the invoice |
| Associated practice | STP (professional company) or professional association | Income is attributed to the partners by share |
| Foreign clients | VIES, invoices without VAT, esterometro (cross-border reporting) | Withholding tax does not apply to foreign clients |
| Unpaid invoices | Recovery and credit note where allowed | A professional is taxed only on what is collected |
| Withholding taxes | Withholding suffered and checks on the CU (annual income statements) | Missing CUs can be retrieved from the cassetto fiscale (online tax file) |
For anyone practising in the centre, the office lease is often the largest cost item. It must be registered with the annual tax, and its deductibility depends on whether the premises are used exclusively or partly for work.
04 · Retail
Shops and restaurants between via Roma and via Garibaldi
Trade in the centre works with flows unlike those of a neighbourhood: tourists, commuters, events. Bars, restaurants, clothing shops and historic shops have tax needs where daily takings, staff and the management of high rents matter.
- Electronic daily takings with several tills or with the till integrated into the management software.
- Staff: fixed-term and seasonal hires, part-time contracts and the rules on meal vouchers and welfare benefits.
- Lease of the premises: duration, renewal, goodwill compensation and annual registration.
- VAT with different rates on the same receipt, apportionment and periodic returns.
- Online sales to foreign customers alongside the physical shop, under the OSS scheme.
- Sale of the business: valuation of goodwill and taxes on the transfer, when selling or taking over premises.
The calendar of a business in the centre
Payments are concentrated in a few months and must be planned ahead.
- Monthly or quarterly VAT settlements, with the LIPE return
- INPS (Italian social security) contributions for employees and owners
- June and November advance payments on income taxes and IRAP
- Annual registration tax on the lease of the premises
05 · CAF services
The annual filings for residents of the centre
The centre is also a place where people live: the historic buildings house families, pensioners, students and people who let flats to those arriving for work or tourism. For them the practice works as a CAF (authorised tax assistance centre), with the filings of every year.
- 730 (the tax return for employees and pensioners) and Redditi form with property income and deductions.
- Short-term lets for anyone earning income from a flat in the centre: cedolare secca (the flat tax on rental income), identification code and municipal obligations.
- Rental contracts, ordinary and at an agreed rent.
- Inheritance of high-value properties, with cadastral valuations and land registry transfers.
- ISEE (the Italian means-test indicator) and domestic work, as in any other neighbourhood.
Frequently asked
The questions that keep coming up
My SRL has its registered office in the centre but I often work outside Turin. How do we organise things?
Remotely by default: the accounts are fed by electronic invoices and bank statements, meetings take place by video call and documents are signed digitally.
Your presence is rarely needed, for example for certain signatures or a meeting with the shareholders. In those cases the Pozzo Strada office is ten minutes by metro from the centre.
How much does it cost to keep the accounts of an SRL?
It depends on the volume of documents, the number of employees and whether there are transactions with other countries. The page on accountant fees explains how the quote is built.
The quote is in writing and covers what is included: bookkeeping, tax returns, financial statements and filing, with excluded items listed separately.
I have a law practice in via Roma and clients abroad too. How do I invoice?
Clients with a VAT number in other EU countries are invoiced without VAT, with VIES registration and a reference to the relevant rule. For clients outside the EU the rules change depending on the type of service.
Invoices to foreign clients still go through the Sistema di Interscambio (the Italian e-invoicing exchange system), with the conventional recipient code, and must be reported in the VAT return.
I let a flat in the centre for short periods. What do I have to do?
Register as a short-term landlord, obtain the national identification code, report your guests to the questura (police headquarters) and pay the tourist tax to the Comune (municipality). The income is taxed under the cedolare secca, with a rate that depends on the number of properties.
If the platforms apply withholding tax, you recover it in your return. The page on short-term lets lists all the steps.
Let's talk
For a company, accounting is a flow, not a year-end formality
Invoices, bank, VAT and the financial statements are kept up to date month by month. At the end of the financial year the accounts then confirm what you already knew.