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Looking for an Italian VAT guarantee solution? AVASK now offers a new insurance-based alternative to meet the €50,000 Italian VAT guarantee requirement. This innovative approach helps businesses avoid large cash deposits and complex bank processes while staying fully compliant with Italian tax regulations.
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ToggleUnderstanding the Italian VAT Guarantee
As previously announced, effective 10 April 2025, the Italian Tax Authority introduced new legislation requiring all non-EU/EEA businesses registered for VAT in Italy with a fiscal representative to provide a €50,000 bank guarantee.
This has created significant challenges for many businesses until now.
Introducing AVASK’s Insurance-Based Solution
AVASK has partnered with a leading Italian insurance provider to deliver a fully approved, insurance-backed guarantee. This solution is recognised by the Italian Tax Authorities and offers a practical alternative to traditional bank guarantees.
Why Choose AVASK’s Solution?
- Avoid lengthy bank processes and large cash deposits
- Maintain healthy cash flow
- Benefit from significantly reduced premiums
How Pricing and Assessment Work
Eligibility is determined by a pass or fail assessment conducted by AVASK and the insurance agent, based on your Italian VAT payment records and compliance history. If you pass, you can access the insurance-backed guarantee without providing a full cash deposit. If you fail, additional requirements may be necessary.
The €2 million facility managed by AVASK and Studio Carrara applies to our fiscal representation services. However, each business must still provide its own individual €50,000 guarantee alongside this facility.
Your Next Steps
We strongly advise you to act as soon as possible to avoid penalties or VAT number deactivation.
Contact us today at [email protected] to apply.
