We were talking about it early 2018, electronic billing in Italy becomes mandatory.
Indeed, from 1 January 2019, e-invoicing will be mandatory for any B2B or B2C transaction taking place on Italian territory, giving rise to the issue of an invoice or a credit note.
As an employer not established in Italy, when you send an employee to Italy for a temporary assignment, you do posting work in Italy.
Posting of workers
The harvest season is coming and you want to hire foreign workers in France or Italy? This is obviously possible, and is called the posting of workers. Just follow a few rules that we explain in this article.
The posting of foreign employees concerns companies that send one or more employees to perform a service in another country. Several sectors of activity have a large number of seconded employees, but the most coveted sectors are construction and transport.
VAT rates fall under the framework of the VAT directive of 28th November 2006. Because VAT has not been harmonised at the European level, every year the European Commission publishes the official list of VAT rates applied in each member country. You will find below the list of VAT rates for 2018.
The Italian amending Finance Bill 2017 “decreto legge 22 ottobre 2016, n. 193” rescinded the benefit of reverse charging VAT on goods from the warehouse. With effect from 1st April 2017, VAT will have to be paid to the Italian authorities on goods coming out of the warehouse, which cancels out the benefits of this procedure.
A company established in the European Union can recover its VAT in Italy as long as it does not conduct any taxable operations in the country. VAT is then deductible from its business expenses and, consequently, it can recover a certain amount of the costs incurred in a commercial transaction.
Starting from 1st of July 2017, new rules will come into force regarding mandatory declarations and displaying information for the posted workers. Public and private project owners and principals will see their responsibilities increasing.