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As of 1 January 2019, the VAT number holders, excluding certain categories, will have to rely on electronic invoicing It is for this reason that PayPal and Aruba have decided to collaborate to provide a specific service.
"The goal of PayPal has always been to democratize financial services, making them simple and accessible," said Michele Simone, partner manager and SMB PayPal Italia. "Today in Italy, the problem of the digital divide is certainly something that should not be underestimated and we believe that the regulatory update on e-invoicing is a great opportunity for all small businesses. and medium-sized companies that try every day to innovate in their sector ".
Among the advantages of this new service Aruba – electronic invoicing is proposed at 25 euros + VAT per year with 1 GB of space – there exists above all "the possibility to manage the process of generation, transmission and storage of all these documents necessary to the tax management of a commercial activity. "Thanks to PayPal, it will also be possible" to optimize the processes of recovery of invoices ".
In practice, the PayPal digital payment platform will be integrated with the Aruba Electronic Invoicing software to facilitate payment and collection.
"The ongoing digitization in our country represents an extraordinary opportunity for businesses of all sizes and in all sectors," said Gabriele Sposato, director of marketing, B.U. Hosting and eSecurity of Aruba. "Thanks to the partnership with PayPal, the Aruba Electronic Invoicing solution now integrates this recovery method, with this feature we intend to help our customers make their workflows even more efficient – in fact, the savings in economic resources and time spent electronic billing management via integrated platforms like this will allow Italian companies to focus more on their activities ".
Electronic invoice from 1st January 2019
The tax decree approved a few days ago provides, as we know, electronic invoicing for persons with a VAT number (approximately 5 million in Italy) from 1 January 2019. Specifically, it is of a digital system that deals issue, transmission of invoices. The reference format is XML (eXtensible Markup Language).
However, some categories are exempted for the moment, such as health workersSo local businesses, hospitals, polyclinics, pharmacies, members of the register of surgeons and dentists, etc. Not to mention taxpayers who joined the package and old stockings, traders and artisans who turn to consumers and issue receipts and tax receipts, as well as companies that sell goods and services to non-residents.
As regards sanctions, a moratorium is planned until September 2019.
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