Flexible Office vs Lease in Milan: Contracts, Terms, Deposits and Tax (2026)
October 10, 2026 | by Michael Monday
In Milan the contract decides almost everything else: the term, the deposit, who fits out the space, and whether you need a local company to sign. This guide sets the three contract forms side by side and then covers what a company from abroad needs in place before it signs. Flexible space is quoted per postazione (desk) per month; conventional leases are quoted per square metre per year. Both are before VAT (IVA) at 22%.
A service contract (contratto di servizi), not a lease, monthly or for six to twelve months with one month’s notice. One all-in fee per postazione covers rent, condominium charges, utilities, internet, cleaning, reception and meeting-room credits; a deposit of one to two months is usual. IVA at 22% is added.
Managed office
Twelve to thirty-six months for a dedicated floor fitted and run by the operator, priced per desk or per month.
Conventional lease (locazione a uso diverso)
Law 392/1978 sets a minimum term of six years for non-residential leases, renewing automatically for a further six unless the landlord gives notice for a reason the law allows, hence the 6+6. Rent is quoted per square metre per year and indexed to the ISTAT index; the tenant pays condominium charges and usually registration tax, and a deposit of three months’ rent (the legal maximum) or a bank guarantee is standard. Fit-out and reinstatement are the tenant’s cost, and the lease must be registered with the Agenzia delle Entrate.
Side by side
Flexible office
Managed office
Conventional lease
Contract
Licence or membership
Operator agreement
Lease
Term
1–12 months, rolling after
12–36 months
Years, with a break if negotiated
Fit-out
Done
Operator, to your spec
Yours to fund and remove
Price basis
Per desk per month, all-in
Per desk or per floor per month
Rent plus taxes, service charge, utilities
Deposit
1–2 months
1–3 months
Several months’ rent or a bank guarantee
Time to move in
Days to weeks
Weeks to months
Months
Setting up as a company from abroad
A foreign company can take flexible space with its registration extract and the signatory’s ID; longer managed-office terms may call for an Italian entity or a guarantee.
Incorporating an Italian S.r.l. requires a codice fiscale for each foreign director, a notarial deed and registration with the Registro delle Imprese; allow two to six weeks. The company needs a sede legale, a registered address in Italy, which operators sell as domiciliazione. A foreign company can register a branch (sede secondaria) instead.
A certified email address (PEC) is mandatory for every Italian company and is where official notices arrive; set it up at incorporation.
IVA at 22% applies to office fees and, where the landlord has opted, to rent; an Italian VAT-registered business recovers it. Quotes are before IVA.
Who pays
Flexible space: the operator pays the introducer when a tenant signs; the tenant pays nothing and the rate is the same as going direct.
Leases: the agent’s commission (provvigione) is a matter of agreement and in Milan is commonly paid by both landlord and tenant, each a percentage of the annual rent; a tenant representative is paid by the tenant.
SquareFoot is adding Milan operators now; live listings for Milan will appear on the markets page as they are collected. Guide written by SquareFoot; last reviewed October 2026.
Frequently asked questions
Is a flexible office in Milan a lease?
No. It is a licence or service agreement for a fitted room with one monthly fee, usually one to twelve months and rolling after that. It gives no security of tenure and no fit-out obligation, which is the trade-off against a conventional lease.
Do I need an Italian company to rent an office in Milan?
Not for flexible space, which a foreign company can take on a service contract. A 6+6 lease usually needs an Italian S.r.l. or a registered branch; foreign directors need a codice fiscale first, and every Italian company needs a PEC certified email address.
What is a 6+6 lease?
The standard Italian commercial lease: a six-year minimum term that renews automatically for six more unless the landlord has one of the reasons the law allows to refuse. The tenant can usually leave with six months’ notice for serious reasons. Flexible contracts sit outside it entirely.
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