With this article, we will analyze the obligations and possibilities for a foreign company VAT direct identification in Italy.
A foreign EU operator who supplies goods or services to private consumers (B2C transactions), without a permanent establishment in Italy, is required, if certain turnover limits are exceeded, to pay VAT and carry out all the requirements required by law (payments, tax settlements, registration of invoices issued and received, Intrastat transactions, sending multipurpose communications, presentation of INTRASTAT models, etc.)
To fulfill these obligations there are two possibilities:
– Direct identification in Italy (only for individuals belonging to the European community)
– Appointment of tax representative in Italy (option possible for both EU and non-EU entities)
The two solutions are to be carefully evaluated both from the cost and liability perspectives.
In the first case the foreign subject performs the required requirements directly or more easily through the services of a local professional.
In the second case, without prejudice to the subjectivity of the foreign entity of the transactions carried out, the tax representative assumes direct joint and several liability with the entity. In other words the Tax Agency can also claim taxes due, penalties, interest from the tax representative.
Many companies based abroad sell to private consumers in Italy via the internet, mail order, or other methods and therefore require a tax representative in Italy.
To meet the needs of companies, our firm has organized a tax representation or direct identification service as needed and in a situation, for foreign companies or entities. This service allows them to operate seamlessly in Italy, fulfilling all tax obligations with extreme simplicity.
Our firm is able to carry out the practices of direct identification or carrying out the role of tax representative on behalf of a foreign entity with pre-established rates.
For direct identification our rates start from 200 euros per month and are related to the volumes of operations carried out in Italy or Europe and turnover. For tax representation, increasing our responsibilities and becoming in solidarity with the represented, our rates start from 300 euros/month always according to the volumes of documents and business. The role of tax representative also requires the deposit of a security deposit or the granting of a bank or insurance guarantee.
If you are interested in the service or in having the Vs situation analyzed by a professional of our firm you can request a consultation or a detailed quote.
For information you can fill in the form or contact
For further information you can fill out the form or contact us by phone at +39 0422 052962 and by email at info@studiofrisaccco.it
