The development of telecommunications and economic globalization have made it possible for interested investors to set up companies all over the world. With proper research, financial investment and legal support, business ventures can be safely incorporated in almost any country in the world, but due to the country's special international status and lack of business regulation, incorporating a business in the Vatican is not advisable, we usually recommend one of the following options instead choose: Italy, New Zealand, San Marino or United Kingdom.

Many countries offer specific advantages, unfortunately the current Vatican company formation process is proving to be quite an inefficient, sometimes impossible and risky proposition. At the moment we are not dealing with the incorporation in the Vatican, choose one of the alternatives, because in this situation it would be more efficient to look at overseas options that offer greater opportunities for business development, such as B. Italy, New Zealand, San Marino or United Kingdom.

Company registration procedures in the Vatican
Company Registration – is a procedure of preparing constitutive legal documents according to the legal regulations and domiciliary court requirements, submitting the entire package to the official state institution responsible for keeping all records in the Central Register of Companies, as well as obtaining an official decision on company incorporation from the competent authority. Establishing a legal company on the territory of a particular jurisdiction is an integral part of growing one's business, which every investor and entrepreneur must undergo.

Unfortunately, the political and economic situation in the Vatican is currently not the most favorable for company formation and international business development. Confidus Solutions cannot guarantee that any business structure will be timely registered in the Vatican, if registered, however. Also, we recommend you to reconsider incorporating your company in the Vatican, as Vatican companies may also have major problems opening bank accounts and making international bank transfers. You could consider Italy, New Zealand, San Marino or the UK as possible options.

Opening a bank account in the Vatican
Due to the country's special international status and lack of corporate regulation, opening a bank account in the Vatican may not be the most efficient solution, if at all. If you are looking for opportunities to invest in foreign companies, you may want to consider opening a bank account in another jurisdiction. Our experts in corporate law, international investment and world economy advise potential investors, venture capitalists and entrepreneurs in detail on the current market situation and which banks can be considered as the most efficient solution instead of the Vatican bank account.

Virtual office in the Vatican for tax purposes
Having a registered address, local presence and office in a country of domicile is a relevant matter for each country's tax authorities. However, for international business, a much more acceptable solution would often be to simply set up a virtual office dedicated solely to receiving and forwarding incoming mail, arranging shipping, setting up a bank account, and handling local phone calls.

If you are about to research a company formation in the Vatican, it is important to know that currently in the Vatican there is a special international status of the country and a lack of corporate regulation, which makes the formation of a company in the Vatican a high-risk company, therefore we do not offer this service, as well as the establishment of other corporate and tax structures. Based on your needs, we strongly recommend looking at the following solutions: Italy, New Zealand, San Marino or United Kingdom.