Discover More in Italy with UBO discovery’s Latest Upgrade 

Posted 2023-10-18

UBO discovery’s coverage for Italy has transitioned from relying on the Company Registration Report for shareholder ownership data* to establishing a direct API connection with the business register.

In this article, we’ll explore how this upgrade not only broadens legal entity coverage but also accelerates order returns and reduces costs.

What did we integrate?

Speed of UBO discovery orders

By using new API connection, we can expedite the return of UBO discovery orders for Italian entities, delivering results faster than before.

Source data in UBO discovery JSON

The UBO discovery JSON response will now include even more detailed source data information for chosen and discovered legal entities.

Broadened Legal Entity Coverage

Instead of previous six supported legal forms, with the latest upgrade, we will now support eleven legal forms for Italian entities.

  • SOCIETA’ PER AZIONI – PUBLIC LIMITED COMPANY
  • SOCIETA’ CONSORTILE PER AZIONI – JOINT STOCK CONSORTIUM COMPANY
  • SOCIETA’ PER AZIONI CON SOCIO UNICO – SINGLE-MEMBER PUBLIC LIMITED COMPANY
  • SOCIETA’ SEMPLICE – SIMPLE PARTNERSHIP
  • SOCIETA’ A RESPONSABILITA’ LIMITATA – LIMITED LIABILITY COMPANY
  • SOCIETA’ A RESPONSABILITA’ LIMITATA CON UNICO SOCIO – SINGLE-MEMBER LIMITED LIABILITY COMPANY
  • IMPRESA INDIVIDUALE – SOLE PROPRIETORSHIP
  • SOCIETA’ IN ACCOMANDITA SEMPLICE – LIMITED PARTNERSHIP
  • SOCIETA’ IN NOME COLLETTIVO – GENERAL PARTNERSHIP
  • SOCIETA’ A RESPONSABILITA’ LIMITATA SEMPLIFICATA – SIMPLIFIED LIMITED LIABILITY COMPANY
  • SOCIETA’ IN ACCOMANDITA PER AZIONI – LIMITED PARTNERSHIP LIMITED BY SHARES

    • Why did we change the connection type?

    Through continuous evaluation of Italy as a UBO discovery jurisdiction, we’ve recognized the necessity for a connection type that doesn’t rely on the availability of the Company Registration Report from the Italian business register. This strategic shift empowers UBO discovery to dive deeper into the complex landscape of Italian and cross-border ownership structures, ensuring comprehensive coverage and even more accurate results for our customers.

    Useful links

    To access comprehensive information about UBO discovery legal forms coverage, please visit our dedicated page UBO discovery coverage.