E-invoicing is now required for every resident or non-resident B2B VAT business in Italy. All invoices must be prepared, signed and transferred through electronic means via SDI.
There are three simple steps to delivering perfectly compliant e-invoices to your client and the Italian tax authority.
If you don’t understand every aspect of tax law and new SDI regulations, it’s easy to make a costly mistake.
Do-it-Yourself: If you try to handle these new regulations by yourself, it’s possible that technical dysfunctionalities result in high penalties, particularly if you don’t have the payment systems and technology required.
Penalties: Failure to comply means a heavy VAT increase of 90-180% for Italian businesses, while foreign companies can face a stiff penalty of €2 per invoice (up to €1200 per quarter).
Cost: Storecove works hard to ensure that the costs of our services are very low compared to the price of penalties.
A Storecove representative will be happy to discuss the details of successfully processing your e-invoices and documents, and sending them to the Italian tax authority. Schedule a demo with one of our e-invoicing experts.
Global E-invoicing Manager
General Manager Germany & Luxembourg
General Manager APAC
General Manager Japan