Dealing with e-invoicing. What can Studio Corno do for you?

Starting January 1st, 2019, Electronic invoicing will be mandatory for all transactions between Italian VAT subjects .  Such obligation has been anticipated to July 1st, 2018 for all transactions concerning public subcontracts.

Companies will be required to adapt their billing process and update their software in order to be compliant with the new requirements.

Studio Corno will help you streamline your processes and optimise invoicing to clients and invoices from suppliers, implementing the right solution for your needs.  

We propose three alternative solutions, aimed at clients with different levels of organizational sofistication.

Solution A: invoices to clients issued using customer’s software

Solution B: invoices to clients issued using Studio Corno software

Solution C: invoices to clients issued by the intermediary

How to deal with supplier invoices

The e-invoicing obligation has been introduced by the 2017 Italian Budget Law[1].

It concerns all B2B (Business-to-Business) and B2C (Business-to-Consumer) transactions regarding supplies of goods and services between operators established in Italy for VAT purposes.

E-invoices are processed by the Exchange System of the Italian Revenue Agency (Agenzia delle Entrate).

E-invoices will need to be digitally stored and kept for at least 10 years.

[1] L. 27/12/2017, n. 205, published in U.G. n. 302 from 29/12/2017

  • Starting 01/07/2018: Services concerning public subcontracts
  • Starting 01/09/2018: Tax-Free supplies to tourists
  • Starting 01/01/2019: All remaining national operations
  • Subjects that have a VAT number under so called “minimum-regime” (“regime dei minimi”)[1]
  • Subjects that apply the new “forfait” system [2] (the so called “regime forfettario)

Such subject will be required to issue e-invoices only when dealing with the public administrations;  in any case,  they will need to put in place a system in order to receive e-invoices from other Italian VAT operators.

[1] art. 27, clauses 1 and 2, of the legislative decree 06/07/2011, n. 98, converted with changes by the law 15/07/2011, n. 11

[2] art. 1, clauses from 54 to 89, law 23/12/2014, n. 190

All operators established in Italy must be able to send and receive e-invoices

Operators with Italian VAT number can receive invoices:

  • Via PEC (certified electronic mail)
  • Via web-service systems
  • Via ftp protocols