The “Società Semplice” as a Tool for Asset Management and Holding

The “società semplice” (literally, “Simple Society”, often abbreviated as “s.s.”), governed by Articles 2251 et seq. of the Italian Civil Code, represents one of the most flexible corporate forms under Italian law.

A “società semplice” is generally established by means of a notarial deed and subsequently registered with the Companies Register.

It is further required that the partnership consists of at least two partners, who may exercise broad autonomy in determining the rules of operation and the methods of administration.

It is important to clarify that a “società semplice” may not engage in commercial activities.

For this reason, this form of entity is primarily applied in contexts such as the management of assets (movable or immovable) and may be effectively used as a tool for organizing and administering a patrimony, including within the framework of family estate planning.

It is always advisable to carefully assess the specific circumstances and objectives pursued, as the use of a “società semplice” must be consistent with its non-commercial nature.For these reasons, legal assistance of a lawyer is essential.

Our firm has extensive experience in these matters and is available to provide advice and support in evaluating the most suitable solution.

Milano, 12.03.2026

Avv. Giovanni Babino