Why Choose This Solution?
Because it is:
Fast
Secure
Fully compliant
Successfully tested in real-world identical cases
Supported by a strong Italian life insurance policy
It ensures the quickest possible activation of VIES authorization, with full transparency and professional assistance.
Good solution if your Fiscal Representative cannot act as co-guarantor
With this solution, the €50,000 VIES guarantee is issued by a financial institution, but instead of a bank cash deposit the collateral is a single-premium life insurance policy.
Your Italian fiscal representative receives €50,000 from your company, subscribes a life insurance policy for that amount, and pledges the policy in favour of the financial institution.
The policy remains pledged for the full guarantee period and is released once the Italian Tax Office confirms that all obligations have been met.
This option is designed for non-EU companies that do not have an Italian co-obligor and prefer not to open an Italian bank account.
On this page we explain, step by step and in plain English:
This guarantee protects the Italian authorities against the risk of unpaid VAT debts.
Below you’ll find a detailed, easy-to-follow guide explaining everything: what the guarantee is, why it’s mandatory, how much it costs, how the counter-guarantee through a life insurance policy works, which documents are required, and how the full procedure is completed.
How Much Does a VAT VIES Bank Guarantee Cost?
The cost of a VAT VIES guarantee is based on three main factors:
Guaranteed
Amount
The required amount is fixed by law: €50,000.
Duration of the
Guarantee
Generally one year, or active until the Italian Revenue Agency approves the release.
Risk Profile of the Foreign Company
This depends on: Country of incorporation, Business sector, Financial records, Years of activity, Available documentation
Average annual cost: €1,500 – €2,500, depending on the financial institution and the company’s risk profile.
How the Counter-Guarantee Through a Life Insurance Policy Works
This is the most important and often the most misunderstood part of the process.
The VIES guarantee is not issued for free by the Italian financial institution. Before issuing the guarantee, the issuer requires a counter-guarantee equal to the same amount: €50,000.
Here is how it works, explained simply:
- The non-EU company must provide the €50,000.
- The amount is not transferred to the Italian bank or financial institution.
- It is deposited directly with the company’s Italian fiscal representative.
- The fiscal representative and the foreign company then sign a life insurance policy (e.g., Allianz) worth €50,000.
- This policy is assigned (pledged) in favor of the Italian financial institution issuing the guarantee.
- With this pledged policy, the institution issues the VAT VIES bank guarantee.
Why a life insurance policy?
Because it is a solid, liquid, and legally recognized asset in Italy — ideal as a counter-guarantee. And it avoids the need for the foreign company to open an Italian bank account.
Who Can Apply for the VAT VIES Guarantee?
The guarantee can be requested by:
- Non-EU companies
- Non-EEA companies
- Multinational groups establishing a tax presence in Italy
- Foreign professionals or entrepreneurs conducting commercial activity
- Accountants or consultants applying on behalf of clients (with Power of Attorney)
The only mandatory requirement is the presence of an Italian fiscal representative.
Required Documents
For the Foreign Company
- Certificate of incorporation / business registration
- Articles of association
- Two ID documents of the legal representative
- Latest financial statements or updated financial information
- Proof of ongoing business activity
- Additional documents may be required depending on the country of origin
For the Fiscal Representative
- Formal acceptance of the fiscal representative role
Issuance Time
With complete documentation, the process is extremely fast:
3-4
days for evaluation
24–48
hours to issue the guarantee
Advantages Compared to Other Solutions
- Proven and successfully used in identical cases
- No need for the foreign company to open an Italian bank account
- The €50,000 is handled by the fiscal representative, not by a bank
- The life insurance policy (e.g., Allianz) is a highly secure and recognized instrument
- Faster than traditional banks (which may take 1–2 months)
- Fully compliant with Italian Revenue Agency requirements
Duration, Expiry, and Release of the Guarantee
- The guarantee generally lasts three years.
- Release can be requested only when:
- The company has operated normally
- There are no outstanding VAT debts
- No tax audits are in progress
- Cross-border operations have been carried out without irregularities
Step-by-Step Process
Signing of the life insurance policy
Issuance of the VAT VIES bank guarantee in digital format
Submission of the guarantee to the Italian Revenue Agency and activation of VIES status
Compare with other VIES warranty Solutions
Below you will find a clear comparison of the other two official VIES guarantee options.
No Cash Deposit Required
Avoid freezing €50,000 for 36 months — no blocked funds, no collateral needed.
Ideal for Fully Compliant Companies
Works for businesses with a clean VAT history and reliable F24 payment behaviour.
Fully Accepted by All Italian Tax Offices
A fast, sustainable insurance-based VAT guarantee with cost proportional to turnover.
The Strongest Traditional Option
Preferred by companies that want a classic bank-issued guarantee.
No Personal or Corporate Guarantees Needed
The €50,000 cash deposit replaces the need for any co-obligor or personal guarantees.
Fully Accepted by All Italian Tax Offices
The deposit is held as collateral for the entire guarantee period and released at the end if there are no tax issues.
based VIES Guarantee
Requires an Italian co-obligor
For example your fiscal representative or an Italian company/director.
Fastest Issuance (3–4 Days)
A fixed €1,500 premium for the entire 36-month period — no hidden fees.
Lowest Cost on the Market
Ideal when you must activate your VIES VAT status quickly.
No Cash Deposit Required
No Cash Deposit Required — no frozen funds, no blocked capital.
Activate your VIES Guarantee via Life Insurance Policy
Contact us to receive step-by-step assistance and quick issuance.
Avoid delays with traditional banks or slow insurance procedures.
Our team provides fast, professional support for foreign companies needing VIES guarantees.
You can contact us in several ways:
Write an email:
info@italiafideiussioni.itOr call one of our offices:
+39 055 28 53 13 +39 02 667 124 17You can also contact us via:
WhatsApp +39 339 71 50 157
If you prefer, you can write us by filling out this form: