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Four questions. An indicative answer.

Find out whether Italian Golden Power screening is likely to apply to your transaction — with the rule that drives the result shown, not hidden behind a contact form.

FreeTwo minutesNo contact detailsNothing stored
Q1Sector
Q2Investor
Q3Stake
Q4Transaction
What does the Italian target actually do?

Classify by activity and assets, not by the registered business purpose. If the business spans more than one of these, choose the one closest to its core.

Honest limits

What four questions cannot settle.

We would rather show you the edges of this tool than let you over-rely on it. Each of the following routinely changes the answer, and none of them can be captured by a dropdown.

Sector classification

The hardest part of any screening. Strategic assets are defined in implementing decrees that are amended periodically, and a business rarely maps neatly onto one category.

The ownership chain

Status is determined by ultimate control, through every layer. Funds are looked through to controlling persons, and state influence is assessed separately from shareholding.

The monetary floor

A one million euro floor applies to certain non-EU cases. How consideration is structured affects whether and when it is met.

Control in substance

Shareholder agreements, veto rights, options and convertibles can create control that no percentage on the share register reflects.

Cumulative thresholds

Positions built in tranches are measured together. A stake that looks safe in isolation may already have crossed a line.

The regime moves

Law 4/2026 resequenced financial-sector review in January. The Council of State narrowed the treatment of pledges in December 2025. Sector lists change by decree.

Next

What a real screening adds.

S1 · €4,000–7,000 Clearance Screening A signed written conclusion in five business days, with the sector classification argued, the chain traced and the standstill modelled against your calendar. Background How screening works The regime, the four tests, thresholds, the 45-business-day standstill, and what happens if a transaction completes without clearance. S3 · Flagship Italy Tech Entry Clearance Where the target uses AI, the screening plus the Italian AI analysis under Law 132/2025, in one pre-signing document.

This tool is general information about Italian foreign-investment screening under Decree-Law 21/2012 as amended. It is not legal advice, it does not create a lawyer–client relationship, and its output must not be relied on for any transaction. Answers are processed in your browser only; nothing is transmitted to us and nothing is stored. Thresholds and sector definitions are set by implementing decrees amended periodically and are verified against the consolidated legislation in every engagement.