Business tax and compliance in Italy

Snapshot

Running a business in Italy comes with tax and compliance duties that sit alongside your bank account. As of 21 January 2026 most VAT registered businesses must issue electronic invoices in the FatturaPA format through the Sistema di Interscambio, known as the SdI, including those on the regime forfettario flat rate scheme. You file IVA and income returns, pay through the F24 form, and most businesses work with a commercialista. This is general information, not tax advice.

Electronic invoicing: Mandatory for most VAT registered businesses through the SdI, including most on the regime forfettario, as of 21 January 2026.
Main taxes: IVA, income tax and social contributions, commonly paid through the F24 form.
Regime forfettario: A flat rate scheme with simpler reporting, subject to eligibility limits. Verify with a qualified adviser.
Get advice: Rules and thresholds change. This page is general information, not tax advice.

Fees and features as of 21 January 2026Last reviewed 21 January 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Running a business in Italy comes with tax and compliance duties that sit alongside your bank account. As of 21 January 2026, most VAT registered businesses must issue electronic invoices in the FatturaPA format through the Sistema di Interscambio, known as the SdI, including those on the regime forfettario flat rate scheme. You file IVA and income returns, pay through the F24 form, and most businesses work with a commercialista. This is general information, not tax advice, so verify your duties with a qualified adviser.

How tax and compliance connect to your account in Italy

Your bank account is where tax and contribution payments leave and where business income arrives, so tidy records make compliance easier. The main duties are electronic invoicing through the SdI, periodic IVA reporting, income tax on profits, and social contributions. An account that exports cleanly into accounting software helps your commercialista reconcile the year. The duties below are a general outline, not advice, and change over time.

Electronic invoicing through the SdI

As of 21 January 2026, most VAT registered businesses in Italy must issue invoices as a structured FatturaPA XML file and send them through the Sistema di Interscambio, the government clearing platform, which checks the file and forwards it to the recipient and the tax authority. This now applies to most businesses on the regime forfettario as well. An updated set of technical specifications applies during 2026, so confirm the current rules with your commercialista.

IVA, income tax and contributions

As of 21 January 2026, VAT registered businesses report and pay IVA on a periodic basis, file an annual income return, and pay social contributions, with payments commonly made through the F24 form from the business account. Businesses on the regime forfettario apply a flat rate scheme with simpler reporting and a substitute tax, subject to eligibility limits. The figures and thresholds change, so verify what applies with a qualified adviser.

What to keep on top of

To stay compliant as a business in Italy, keep these in view, as of 21 January 2026. Verify with a qualified adviser

Issue electronic invoices through the SdI and keep them stored as required.
Meet IVA reporting and payment dates, and keep the F24 payment IBAN up to date.
Track income tax and social contribution duties, and confirm whether the regime forfettario applies to you.

How to stay organised

Choose an account that exports cleanly into accounting software your commercialista can use.
Set up electronic invoicing through the SdI and a calendar of IVA and contribution dates.
Review your position with a qualified adviser, since rules and thresholds change and this page is general information.

Compare business accounts available in Italy

These providers accept business customers in Italy and offer accounting exports that help at tax time. Fees and eligibility shown as of 21 January 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about tax and compliance in Italy

Do all businesses in Italy have to use electronic invoicing?

As of 21 January 2026, most VAT registered businesses in Italy must issue invoices in the FatturaPA format through the Sistema di Interscambio, the SdI, including most businesses on the regime forfettario. Some narrow cases differ, so confirm your duty with a commercialista. This is general information, not tax advice.

What is the regime forfettario?

The regime forfettario is a flat rate scheme for smaller businesses and self employed people in Italy that offers simpler reporting and a substitute tax instead of ordinary income tax and IVA, subject to eligibility limits. As of 21 January 2026 the thresholds and rules change over time, so verify whether it applies with a qualified adviser.

How do I pay business taxes from my account in Italy?

As of 21 January 2026, businesses commonly pay IVA, income tax and social contributions through the F24 form, with the amount debited from the business account. Keep the payment IBAN current, especially after switching accounts. Confirm the current process with your commercialista.

Does my bank account handle electronic invoicing?

Not by itself. As of 21 January 2026, electronic invoicing runs through the Sistema di Interscambio and is separate from your bank account, though some providers include invoicing tools that fit the system. Many businesses use separate invoicing software with their commercialista. Confirm the setup with the provider and your adviser.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 21 January 2026. Confirm current terms with the provider before applying.

Tax and compliance in Italy