- Italy has implemented new VAT guarantee rules for non-EU businesses as of 15 April 2025.
- Non-EU companies must provide a financial guarantee to obtain and maintain VAT registration in Italy.
- Businesses must also remain listed in the VIES database.
- The regulation is under Article 35, Paragraph 7-quater of Presidential Decree No. 633/1972.
- Existing VIES-listed businesses must submit a guarantee by 13 June 2025 to avoid delisting.
- Acceptable guarantees include security deposits in Italian government bonds, bank guarantees, or insurance surety bonds.
- The minimum guarantee value is set at 50000 euros.
- This change aims to ensure non-EU businesses maintain a serious presence in the EU market.
- The new requirement adds urgency for non-EU businesses relying on VAT registration in Italy for intra-EU trade.
Source: globalvatcompliance.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
