What You Need to Know

Key points:

• The guarantee must be exactly €50,000 and valid for 36 months.
• The official template (linked to this article) published by the Italian Revenue Agency must be used.
• Guarantees in a language other than Italian require an official translation with Apostille.
• The €50,000 amount is fixed by law and does not vary based on company size, sales volume, or marketplace usage.

Guarantee Options

1. Source the Guarantee Independently

• 🏦 Bank Guarantee:
  • Issued by an approved bank, following the Allegato 2 template.
  • Foreign banks are permitted if authorised by the Bank of Italy [List here].
  • If issued in a language other than Italian, an official translation with Apostille is required.
• 🛡️ Insurance Bond:
  • Issued by an insurer, following the official Italian format.
  • Must be on the IVASS-approved list [List here].
• 📈 Direct Deposit:
  • €50,000 invested in Italian government bonds, following the Allegato 2 template.

Where to Send the Guarantee:

2. AVASK Insurance Solution

• How to Apply:
  Email your request to italy@avaskgroup.com to opt in.
• Eligibility & Fees:
  • Existing AVASK clients as of 10th November 2025 are prioritised and the application fee is waived.
  • New clients (after 10th November) may apply for a fee (£450 / €540).
• Process:
  • After you apply, your details will be reviewed by the insurer.
  • No risk rating or obligator required; the insurer will provide a simple pass/fail decision.
  • If accepted, you should receive your insurance guarantee within 3 weeks.

  • Typical premium is around €1,800 for the 3-year period.

     

Submission Timeline

• The previous deadline of 14 June 2025 is no longer applicable.
• Submission should be completed as soon as possible, or within 60 days of receiving an official notice from the Italian tax office.

• As of now, no formal notices have been issued, but we anticipate this soon.

   

Fiscal Representative Requirements

Need Help?