B2B e-Invoicing in Italy: what’s new?

News on B2B e-invoicing in Italy! The regulation Disegno di Legge di Bilancio 2018 foresees e-invoicing between business partners mandatory from 2018.

Documents digitalization in Italy, but also in all Europe, is an irreversible and necessary process for many reasons:

  • Need to fight against tax fraud;
  • Need of more administrative flexibility;
  • Need of reduce bureaucracy complexity in order – to – pay cycle

The first point is crucial, at the moment fiscal control initiatives are not carried out centrally by the European Union but by the individual Member States and, as the underlying image shows, this is a problem spread throughout the European territory:

(Source: VAT Gap Report – European Commission 2017)

Italian Legislator has now decided to make B2B e-invoicing mandatory since July 2018. Two important deadlines have to be put in agenda:

  • 1 July 2018 B2B e-invoicing will become mandatory for companies engaged in petrol sales and for sub-contractors to suppliers in public procurement
  • 1 January 2019 B2B e-invoicing will become mandatory for all companies (B2B)

Until now, the new regulation affects only business partners registered in Italy, which means that all cross-border transactions are excluded.

To avoid any possible inconvenient for private companies, legislator has simplify several important issues as invoice format that is the same used for B2G e-invoicing. Invoices have to be issued in XML 1.2 format and transferred through Sistema di Interscambio to Agenzia delle Entrate (Italian Tax Authority) to reach the final Business Partner involved.

Following an example of B2B e-invoicing process in Italy:

TESISQUARE®, AGID (Digital Italian Agency) accredited, proposes himself as intermediate service provider to simplify business transactions between partners, converting invoices format (private/standard) in XML 1.2 format chosen by Agenzia delle Entrate (Italian Tax Authority).

For more information, please contact: e-invoicing@service.tesisquare.com