Implementation and scope

To resolve problems deriving from the application of the 1942 Civil Code and to implement the several EU Directives designed to harmonise the national provisions that govern limited liability companies, several amendments have been made to those provisions of the Italian Civil Code of 1942 that relate to limited liability companies.

The First Company Law Directive to address legal validity and publicity of companies (i.e., Directive 68/151 EEC), was implemented in Italy by Presidential Decree no 1127 of 29 December 1969.

The Second Company Law Directive was implemented into Italian law by Presidential Decree no 30 of 10 February 1986. The amendments to the Directive introduced by Directive 92/101/EEC of 23 November 1992 were implemented by Legislative Decree no 315 of 2 May 1994, while those introduced by Directive 2006/68/EC of 6 September 2006 were implemented by means of Legislative Decree no 142 of 4 August 2008.