Italian VAT Registration & VAT Return Services London, UK
Accountant Filippo as English speaking Italian Chartered Accountant, Commercialista Italiano che parla Inglese, will help you with the Italian Tax system, helping you with saving Tax and Vat and ensuring you are operating complying with Italian Tax law.
DIRECT REGISTRATION AND VAT REPRESENTATIVE OR AGENT.
Trading with the foreign countries requires the proper knowledge and understanding of their local tax system and general rules. It is the sole responsibility of the company to look over the taxation obligations of the country in which they are going to operate trading with. Without any registration with the tax authorities of the respective country any company cannot do their trading with them.
Direct Registration of non resident subjects
Distance selling of Goods to Italy
What is distance selling?
Distance selling is when a VAT-registered business in one EU country supplies and delivers goods to a customer in another EU country who isn’t registered for VAT. You are distance selling into Italy if:
- you’re outside Italy but in another EU country
- you sell goods to customers in Italy who are not registered for VAT
- you deliver or arrange for the delivery of the goods.
An example is an online business (selling beauty products or shoes) based in the UK, and has customers based in the Italy (in this case Italian resident individuals who are NOT VAT registered), the UK company will arrange for the delivery of the goods or deliver it themselves to their customers in the UK. On top of that the total Italian sales is more than € 35.000 in a year. In this case, you are required to register for VAT in Italy and account for Italian VAT. Please note that if the individual or business in Italy are registered for VAT, then this does not apply to your UK company.
accountant Filippo WILL HELP YOU WITH:
VAT registration:
I will complete the VAT application and send it to you for approval before submitting it to the “Agenzia delle Entrate”.
Completing VAT returns:
I will then help complete quarterly and annual VAT returns ensuring that you are never late or miss out a deadline for VAT payment. I will tell you how much and when to pay so that you avoid any penalties relating to late payments and filings.
Tax Representative
Fiscal Representation
If your business is based outside the EU, you are required to appoint a Fiscal Representative. A Fiscal Representative is jointly and severely liable for the VAT you will owe and because of this, there are additional fees associated which can include a bank guarantee.
accountant Filippo WILL HELP YOU:
Ensuring compliance with Italian laws for VAT purposes,
Ensuring your business complies with the Italian rules on invoicing, VAT treatment, accounting procedures and VAT filing and payments,
Handling enquiries and tax inspections from the local VAT office.
SHORT-TERM TOURIST RENTAL CONTRACTS
Agents and intermediaries have to deduct 21% from rental sums received in relation to short-term bookings of properties in Italy. The sums have to be paid directly to the Agenzia delle Entrate as a payment on account of the tax due from the owner.
Non resident agents and intermediares have to appoint a Tax Rapresentative in order to pay this whitholding tax stright to the Agenzia.
accountant Filippo WILL HELP YOU:
Ensuring compliance with Italian laws for the witholding tax and VAT purposes,
Ensuring your business complies with the Italian rules on invoicing, 21% tax and VAT treatment, accounting procedures and VAT filing and payments,
Handling enquiries and tax inspections from the local VAT office.
Accountant Filippo as English speaking Italian Chartered Accountant, Commercialista Italiano che parla Inglese, will help you with,
feel free to contact us for more information