Italy

Italy VAT number FZCO Accountants

VAT registration Italy

Direct VAT registration in Italy  (only for taxpayers established in an EU Member State) is accomplished by submitting Form ANR/3 to the Revenue Agency Operational Centre in Pescara, which has exclusive competence in such matters, in the following ways:

  • hand delivery
  • registered mail with return receipt or express delivery service
  • express courier

Italian VAT Threshold is the threshold of gross sales that you make within Italy. Distance selling threshold for EU businesses selling into Italy is €35,000. This means when you reach or exceed this amount you are required to register for VAT in Italy. For Non EU it is different. If you are storing goods in any EU country via a fulfilment centre such as Amazon FBA. Then regardless of sales you are require to register for VAT.

Italian VAT Threshold is the threshold of gross sales that you make within Italy. Distance selling threshold for EU businesses selling into Italy is €35,000. This means when you reach or exceed this amount you are required to register for VAT in Italy. For Non EU it is different. If you are storing goods in any EU country via a fulfilment centre such as Amazon FBA. Then regardless of sales you are require to register for VAT.

Required documents

  • a copy of your identity document
  • a recent certification, released by your national Chamber of Commerce. It will demonstrate that you are a taxable person for VAT purposes in your Country and reporting the name of the legal representative.
  • a self-declaration about the business activities that you carry out in your Country and the business activity that you plan to undertake in Italy.

The registration procedure usually takes three to four weeks.

VAT return

Italy VAT returns (locally called Imposta sul valore aggiunto (IVA) is as follows:

Monthly VAT returns in Italy are due 16th of following month.

Quarterly VAT returns in Italy are due 16th of 2nd month following quarter.

The annual VAT return must be submitted by:

  • holders of VAT numbers, even if they did not carry out taxable transactions in the tax period.
  • non-resident taxpayers that registered for VAT directly or appointed a tax representative.
  • fixed establishments of non-resident entities, being taxpayers subject to VAT.

VAT payments

Italian taxable persons calculate VAT payments on a monthly or quarterly basis. It is depending on turnover, and pay the VAT. No monthly or quarterly VAT returns must submit. Monthly payments are due by the 16th day of the month follow­ing the month for which VAT is due. Quarterly payments are due by the 16th day of the second month following the quarter for which VAT is due, except for the last quarter.

Deregistration

Taxpayers can cancel their registration for VAT purposes using the same forms used for the registration. Taxpayers must deregister within 30 days of the end of business activity.