- Italy enforces stricter VAT registration rules from April 15, 2025
- Changes impact companies outside the EU and EEA
- Non-EU companies must provide a financial guarantee of 50000 EUR for VAT registration
- Without VIES registration, cross-border transactions in the EU are not possible
- Financial guarantee options include state-backed securities, bank guarantees, or insurance guarantees
- Deadline for already registered companies was June 13, 2025
- Failure to meet the deadline results in automatic removal from VIES
- Removal from VIES leads to operational and financial consequences
- Companies cannot apply zero VAT rate for cross-border sales in the EU
- Risk of customs delays or shipment refusals at EU borders
- Potential loss of EU business partners due to VAT and customs issues
- Urgent action is needed to secure financial guarantees to maintain market access and business continuity
Source: eurofiscalis.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.
