r/internationalbusiness • u/ReferenceOutside2916 • 3h ago
Expanding our Family Business to Italy
Hello dears!
I'm Egyptian, and living in Italy on a Student Residence Permit for now, since I'm doing my Master's Degree here in Italy. I'm also running my family's business in Egypt, now remotely.
So after I had myself somehow settled here, we thought of expanding our activities to Italy, and I don't know where to start.
In Egypt, we own a number of administrative, commercial and residential units across Cairo under a holding company that is registered in Egypt. We usually rent those units to different types of clients, depending on their activity type.
I would like to highlight again that I have a student permit, and I have a residenza too. I also got recently an internship in my field of study, which helped me settle much more better here.
So here are my questions:
1: How can we open a branch of this company in Italy? I see S.r.l, S.r.l.s and so many other stuff.
2: Considering my Student Permit: What is my best shot? And how much does it cost to set up this company? (I'm trying to convert my permit too, either through my internship employer, or this business)
3: Considering our assets in Egypt: Would it be possible to have our assets reviewed and to see if they could make us eligible for a loan in Italy to help us with extending our activities. (Intesa Sanpaolo in Italy owns Bank of Alexandria in Egypt + Interest Rates in Italy are way lower than Egypt for a loan)
Thanks again :)

