Exclusive service:
Management and Advisory for assets deposited in Switzerland

For an even more sophisticated service

To meet your needs and comply with current regulations, we are able to manage your assets by depositing them in a registered account opened with Banca del Sempione SA.

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Easier than it seems 

When opening a registered relationship with a foreign banking institution (such as Banca del Sempione SA), the deposits and financial income must simply be indicated in the depositor’s tax return. In this case, Sempione SIM cannot be used as a withholding agent.

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As simple as managing capital from Italy

Nothing changes with respect to the provision of financial services, to be carried out by Sempione SIM in compliance with the mandate received and compatibly with the provisions of the MiFID II regulations.

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What are the main characteristics of this service? 

Reporting by the Italian manager – Sempione SIM SpA.

Tax return for foreign income with certification issued by the Custodian Bank.

Declaration of the amounts and financial income in the RW, RT and RM boxes on the Italian tax return.

The capital gains regime is declarative.

There is fiscal neutrality with respect to deposits in Italian banks. (Principle of the free circulation of capital).