The firm specializes in tax and corporate consulting to companies, international taxation, M&A, management control, capital transactions, corporate and succession restructuring, legal audit activities, trust formation, governance. The firm carries out tax and corporate consulting in medium- and large-sized companies, mainly corporations, as well as groups including multinational corporations.
Studio Sassorossi has been operating in Florence since 1932 and was initially founded by Angiolo Sassorossi, one of the first Certified Public Accountants in Tuscany, founder of the Order of Certified Public Accountants of Florence as well as of the National Pension Fund for the profession and specialized in international tax planning.
The firm is connected to professional networks nationally and internationally.
As a member of an Italian network of qualified professionals, he has actively collaborated with Il Sole 24 Ore both as an organizer of professional development conferences and for specialized publications.
- "The Preparation of the 2006 Annual Report," "The Preparation of the 2007 Annual Report," and "The Preparation of the 2008 Annual Report."
- " Guide to Bankruptcy Law - Handbook for the Trustee and the Creditors' Committee," December 2006 edition;
- "How to keep accounts, a guide to business operations management" 2008 edition;
- " Handbook and formulary of corporate law" included in Il Sole 24 Ore database;
- " Enterprise to international markets: focus Russia " September 2008 edition
- " Enterprise to international markets: focus China " April 2009 edition
- " How to keep accounts - a guide to the operational management of the enterprise " June 2009 edition
- " Enterprise to international markets: focus Brazil " October 2009 edition
- " Enterprise to international markets: focus India " September 2009 edition
- "How to keep accounts - a guide to the operational management of the enterprise" 2008 -09 -10 -2011 editions
The firm has developed, on behalf of its clients, companies abroad: in particular in the USA, Canada, Brazil, Spain, Hong Kong, Portugal, Ghana, Togo, Switzerland, Luxembourg, Great Britain, the United Arab Emirates, Poland, France, Malta, Madeira, and the Caribbean, expanding its expertise to the corporate and tax laws of numerous foreign countries. Leveraging international contacts and experience gained in various countries, it is the promoter of the Passe-partout: The Key to New Markets project—a consultancy service that guides and supports companies in this endeavor, addressing every aspect of the business project:
- Member of the Order of Chartered Accountants of Florence.
- Registered with the Register of Auditors
- Enrolled in the Roll of Arbitrators of the Florence Chamber of Arbitration
- Member of the " International Fiscal Association," based in Rotterdam
- Member of the " International Tax Planning Association," based in London
- Member of the " Offshore Institute " based in Great Britain.
- Member of the " National Association of Italian Tributarists "
Family office services: Financial planning, Strategy, Administrative services, Succession planning, etc. Specifically, the above areas are covered as follows:
Succession Planning: ensuring a smooth succession and planning for future generations is fundamental to the long-term viability of the family office and the family to which it is connected. These services include:
- Continuity planning regarding unforeseen disruptions in customer leadership
- The assessment of strengths and weaknesses, opportunities and threats (SWOT analysis) of executives both inside and outside the family
- Evaluation of the family board regarding the roles of non-family directors
- Structuring corporate social responsibility platforms and programs
- Development of formal knowledge sharing programs and training
- Implementation of intergenerational real estate transfer plans
- The adoption of a family charter or constitution, particularly for the purpose of:
1. formalize the agreed structure and mission of the family business
2. define the roles and responsibilities of family and non-family members
3. develop policies and procedures in line with family values and
4. Determine process objectives to resolve disputes related to family disputes
Tax and legal advice,in particular, has become a much more important issue for family offices in recent years and as such has become a more important part of a family office's functions. Legal issues are also important. A family office typically employs a legal advisor and/or a certified public accountant or multiple Certified Public Accountants and Tax Experts. These professionals typically provide the following services:
- Construction of a tax plan to best meet family needs
- Investment design and planning of real estate strategies that take into account both investment and non-investment income and their tax implications
- Checking that all parts of the family office are tax compliant
Compliance and regulatory assistance of Family Offices must ensure strict compliance with regulations related to investments, assets and business operations. These services include:
- Provision of review services for internal issues
- Establishment of a corporate governance mechanism
- Ensuring a high level of staff in recruitment
- Group performance monitoring and related compliance
- Recommendations on the independent training of the advisory board
- Strengthening the investment regulatory process
Administrative services, or back-office services, are essential to the smooth operation of a family office. These services include:
- Support on general legal issues
- Opening of current accounts for asset management
- Reconciliation of bank statements
- Management of employees and their benefits
- Lawyer referrals and law firm management
- Reference technology systems and the management of these providers
- Compliance management and control
Family Offices of Property and Wealth Transfer will be involved in business succession and estate planning, enabling the transfer of wealth to the next generation. These services include:
- Asset protection, analysis and transfer planning related to the management of all types of assets and income sources
- Tailored services for real estate regulation and administration
- Professional guide on family governance
- Vocational guidance on wealth transfer to the next generation
Search for real estate or businesses
Finding the right real estate or company in Italy or abroad can be slow and stressful. The investor must always keep in mind that real estate agents or brokers act primarily in the interest of their selling client. There is therefore a need for a professional who searches under precise guidelines, properties and companies with a commitment to looking after the interests of our clients.
With all our connections with real estate agencies or individuals and intermediaries we are able to search for companies and properties in a Tailor Made way and follow the whole process, providing tax, legal, cadastral, appraisal, etc.. assistance in Italy, London, Dubai, Hong Kong and New York.
Our members serve in the roles of both chairperson and member of the Board of Statutory Auditors or member of the Board of Directors of numerous medium- to large-sized companies and international groups