Exhibit 8.1

List of Significant Subsidiaries:



|                               |  |                      |        |  |                   |                        |          |    
|------------------------------ |  | -------------------- | ------ |  | ----------------- | ---------------------- | -------- | ---
|Name                           |  | Percent of ownership |        |  | Registered Office |                        | Activity
|Italsofa Nordeste S.A.         |  |                      | 100.00 |  |                   | Salvador, Brazil       |          | (1)
|Italsofa Shanghai Ltd          |  |                      | 96.50  |  |                   | Shanghai, China        |          | (1)
|Softaly Shanghai Ltd           |  |                      | 100.00 |  |                   | Shanghai, China        |          | (1)
|Natuzzi China Ltd.             |  |                      | 100.00 |  |                   | Shanghai, China        |          | (1)
|Italsofa Romania               |  |                      | 100.00 |  |                   | Baia Mare, Romania     |          | (1)
|Natco S.p.A.                   |  |                      | 99.99  |  |                   | Bari, Italy            |          | (2)
|I.M.P.E. S.p.A.                |  |                      | 90.84  |  |                   | Qualiano,Italy         |          | (3)
|Nacon S.p.A.                   |  |                      | 100.00 |  |                   | Bari, Italy            |          | (4)
|Lagene S.r.l.                  |  |                      | 100.00 |  |                   | Bari, Italy            |          | (4)
|Natuzzi Americas Inc.          |  |                      | 100.00 |  |                   | High Point, NC, USA    |          | (4)
|Natuzzi Iberica S.A.           |  |                      | 100.00 |  |                   | Madrid, Spain          |          | (4)
|Natuzzi Switzerland AG         |  |                      | 100.00 |  |                   | Kaltbrunn, Switzerland |          | (4)
|Natuzzi Nordic                 |  |                      | 100.00 |  |                   | Copenaghen, Denmark    |          | (4)
|Natuzzi Benelux S.A.           |  |                      | 100.00 |  |                   | Geel, Belgium          |          | (4)
|Natuzzi Germany Gmbh           |  |                      | 100.00 |  |                   | Dusseldorf, Germany    |          | (4)
|Natuzzi Sweden AB              |  |                      | 100.00 |  |                   | Stockholm, Sweden      |          | (4)
|Natuzzi Japan KK               |  |                      | 100.00 |  |                   | Tokyo, Japan           |          | (4)
|Natuzzi Services Limited       |  |                      | 100.00 |  |                   | London, UK             |          | (4)
|Natuzzi Trading Shanghai Ltd   |  |                      | 100.00 |  |                   | Shanghai, China        |          | (4)
|Natuzzi Oceania Ltd            |  |                      | 100.00 |  |                   | Sidney, Australia      |          | (4)
|Natuzzi Russia OOO             |  |                      | 100.00 |  |                   | Moscow, Russia         |          | (4)
|Natuzzi India Furniture Ltd    |  |                      | 100.00 |  |                   | New Delhi, India       |          | (4)
|Italholding S.r.l.             |  |                      | 100.00 |  |                   | Bari, Italy            |          | (5)
|Natuzzi Netherlands Holding    |  |                      | 100.00 |  |                   | Amsterdam, Holland     |          | (5)
|Natuzzi Trade Service S.r.l.   |  |                      | 100.00 |  |                   | Bari, Italy            |          | (6)
|Natuzzi United Kingdom Limited |  |                      | 100.00 |  |                   | London, UK             |          | (7)
|Kingdom of Leather Limited     |  |                      | 100.00 |  |                   | London, UK             |          | (7)
|La Galleria Limited            |  |                      | 100.00 |  |                   | London, UK             |          | (7)



|(1) | Manufacture and distribution
|--- | ----------------------------

|(2) | Intragroup leather dyeing and finishing
|--- | ---------------------------------------

|(3) | Production and distribution of polyurethane foam
|--- | ------------------------------------------------

|(4) | Distribution
|--- | ------------

|(5) | Investment holding
|--- | ------------------

|(6) | Transportation services
|--- | -----------------------

|(7) | Dormant
|--- | -------