Italian companies and Italian branches of foreign enterprises are required to keep the following pieces of accounting books:
Italian Companies are required to maintain copies of all business related documents sent and recieved.
Italian companies and Italian branches must keep the accounting books and related accounting documents for a period of 10 years.
It is possible to have the accounting function for Italian companies and Italian branches outsourced in another country, but the accounting functions have to comply with Italian Law. Hard copies must be kept in Italy and ccounting records must be available and auditable in Italy on request.
Italian companies are required to draw up annual Startory Financial Statements including:
For Smaller Companies & Micro Companies there have simplified formats of Statutory Financial Statements.