Tax representation
Why choose a tax representative?
Do you carry out commercial operations in Italy without a stable organisation? Would you like to have your own commercial employee in Italy; to penetrate the market better?
The Italian financial administration obliges companies to have a tax representative in Italy and you will be obliged to fulfil a number of tax obligations like depositing VAT and/or paying withheld taxes on amounts paid to your personnel detached in Italy.
Do you need to book a consultation?
What is a tax representative?
A foreign company operating in Italy fulfils all tax obligations through a tax representative.
The relationship is regulated in a mandate by which the foreign company appoints an Italian tax representative to fulfil all its tax obligations. Hence, the latter operates as an attorney in the name and on behalf of the principal. Main responsibility for compliance remains with the principal , but the attorney also holds subsidiary liability if it should not pay taxes due as the funds needed are not available; they must always be made available by the principal.
Through its experts, Ascon offers this tax representation service to enable clients to manage their business in Italy directly, without worries and/or further tax or statutory obligations.