The tax obligation and VAT system are implied by every country’s administration for the companies involving in trading operations. Every taxable company needs to register for the VAT in foreign countries with which they trade. For the registration process a fiscal representative from that country can be appointed for the fulfillment of all the formalities related to VAT and custom registration.
A fiscal representative complies the foreign company with the tax system and initiates their trading operations in the country. In Italy a local fiscal representative should be appointed by the Non-EU company for the registration of the VAT services. It is mandatory for any foreign company to appoint a local fiscal representative in Italy due to their unavailability of the office in the country. All the documentation required for the VAT registration is to be translated in to the local language and it is done efficiently by the fiscal representative in time.
The fiscal representative in Italy is responsible for registering the non-EU company for VAT with the tax authorities. Without any restrictions from the local authorities, the non-EU company can operate smoothly in the Italian market after the declarations and VAT registration. It is the duty of the fiscal representative to declare and register the company for VAT and custom requirements. Once the VAT number is acquired the company can initiate their trading operations of import/export of goods and other commercial services.
Once the tax compliance is done, the local tax representative has to look after the trading operations of the company by checking the goods transactions, invoices and filling VAT returns. The custom declarations and returns should be filled in and registered by the representative only. In Italy it is essential to appoint a local fiscal representative in order to avoid any inconvenience in the tax registration with the tax administration.