Abstract
Italian law does not in general make any distinction between nationals and foreigners in the field of private law. Thus, if a foreign company incorporated in accordance with its national law is considered in its own country as being a legal entity, distinct from its shareholders, it is also recognized as such in Italy and its shareholders are therefore not responsible for its liabilities in excess of its subscribed capital. Foreign companies can also transact business in Italy, provided they comply with the same legal requirements as laid down for Italian companies.
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Bibliography
The Italian Legal System, Mauro Cappelletti, Stanford University Press, Stanford California, 1977
The Italian Civil Code, Translated by Mario Beltramo, Giovanni E. Longo and John Henry Merryman, Oceana Publications, Inc. Dobbs Ferry New York, 1969 and Supplement 1978.
Italian Company Law, Pietro Verrucoli, Oyez Publishing Ltd. London, 1977
Labor Relations and the Law in Italy and the United States, Mitchigan International Labor Studies, The University of Michigan, 1970
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© 1982 Springer Science+Business Media Dordrecht
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Ughi, G.M., Kirkham, M.C., Sacchetti, G.P. (1982). Italy. In: Ellis, M.J., Storm, P.M. (eds) Business Law in Europe. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-4358-7_11
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DOI: https://doi.org/10.1007/978-94-017-4358-7_11
Publisher Name: Springer, Dordrecht
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