There is some doubt as to whether this applies to foreign companies, but given the spirit of the legislation – to stop people splitting income between a company and themselves so as to fall below the Euro 65k threshold, I think the Tax Agency would challenge your eligibility for the regime. You cannot apply for the regime forfettario if you are shareholder in an Srl (an Italian limited liability company). Print a hard copy of that invoice and apply the 2 euro bollo stamp duty to your copy, inserting the bollo number on your pdf copy sent to the client. If you are billing in a currency other than Euro I generally recommend issuing a simple advice note – advising the client on what is due (or this can be done through any online platform that you are using) and then issue the Italian tax invoice in Euro (converted ideally at the Bank of Italy exchange rate on the day of receipt). and carry on paying social security abroad). Not only will you be liable to the flat rate tax (5%/15% on the relevant percentage of gross income)you will also be liable to Italian social security (unless you are covered by a treaty (e.g with the U.S. So as long the general rules apply then you can happily operate this regime. What is important is that you are resident in Italy and/or providing the services from a base in Italy. There is no bar, under the flat tax regime to your providing services to clients outside Italy.
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