In a significant regulatory update on the 15^th April 2025, the Italian Revenue Agency (Agenzia delle Entrate) has introduced a new requirement that will impact non-EU businesses wishing to conduct intra-community transactions within the European Union. Effective immediately, companies outside the EU/EEA must now provide a financial guarantee to register for VAT and remain listed in the VIES database – an essential step for EU-wide VAT compliance.

Why this matter to your business?

Starting from the publication of the new provisions, non-EU/EEA businesses that wish to perform VAT-related activities in Italy must provide an appropriate guarantee. This guarantee is a legal requirement under Article 35, Paragraph 7-quater of the Presidential Decree No. 633/1972. The goal is to ensure businesses comply with VAT obligations while operating in Italy and across the EU.

Businesses can provide the following types of guarantees:

– Security deposits in government bonds or state-backed securities.

– Bank guarantees or insurance surety bonds. The minimum guarantee value is €50,000.

– The minimum value of the guarantee is €50,000.

Key deadline: Businesses that are already listed in the VIES database have until 13 June 2025 to submit the guarantee. After this period, if the guarantee is not provided, they will be excluded from the VIES database.

Starting from the publication of the new provisions, non-EU/EEA businesses that wish to perform VAT-related activities in Italy must provide an appropriate guarantee. This guarantee is a legal requirement under Article 35, Paragraph 7-quater of the Presidential Decree No. 633/1972. The goal is to ensure businesses comply with VAT obligations while operating in Italy and across the EU.

Why act now?

This new requirement adds a layer of urgency for non-EU businesses that have been relying on VAT registration in Italy for intra-EU trade. The process of obtaining a guarantee can take time, and delays could result in exclusion from the VIES database—a critical step that could severely impact your ability to conduct cross-border transactions within the EU.

How can Global VAT Compliance help?

At Global VAT Compliance (GVC), we simplify the process of meeting the new VAT guarantee requirements for non-EU businesses conducting intra-community transactions in Italy. We handle all aspects of the guarantee process to ensure your business stays compliant and operational without unnecessary delays.