Due to not meeting the new VIES guarantee requirements, the Italian tax authorities have begun the removing of Italian VAT numbers of NON-EU companies registered through the appointment of a fiscal representative from the VIES. 

Businesses that did not meet the new VAT guarantee requirements are now receiving official letters via their fiscal representatives, warning them of imminent removing. If your company has not yet provided the required guarantee, this is the critical moment to act. 

Having the Italian VAT number of your company removed from the VIES has serious consequences: 

Risk of administrative penalties for undue application of INTRA-EU reverse charge

Risk of criminal law procedures depending on the volumes at stake  

Reputational risks 

Not allow to perform intra-community supplies and acquisitions from/to Italy  

EU customers may refuse to trade with your business.