Intrastat thresholds and outsourcing of intrastat processing
DEFINITION OF INTRASTAT
EVERYTHING YOU NEED TO KNOW ABOUT INTRASTAT
Currently, you can conduct trade operations within the European Union freely, without formalities and without border controls: you do not make a customs declaration. However, depending on the nature of your business, every month you are required to complete an Intrastat declaration listing all your intra-community trade.
These declarations enable the Department of Customs to:
produce statistics on intra-community trade
conduct fiscal supervision of the intra-community flows of goods
The Intrastat declaration is therefore a summary statement of all your company’s entries and shipments made with the other member countries of the EU.
When speaking of trade exchanges within the European Union, the term entry means the arrival of community goods on national territory, and the term shipment means the dispatch of goods from your country to another country of the European Union.
Intrastat thresholds vary according to the country. The table below shows the thresholds by country:
|Germany||800 000||500 000||EUR|
|Austria||750 000||750 000||EUR|
|Belgique||1 500 000||1 000 000||EUR|
|Bulgaria||460 000||260 000||BGN|
|Croatia||1 800 000||900 000||HRK|
|Cyprus||100 000||55 000||EUR|
|Denmark||6 000 000||4 700 000||DKK|
|Spain||400 000||400 000||EUR|
|Estonia||200 000||130 000||EUR|
|Finland||550 000||500 000||EUR|
> 460 000**
< 460 000**
|Greece||150 000||90 000||EUR|
|Hungary||100 000 000||100 000 000||HUF|
|Ireland||500 000||635 000||EUR|
> 50 000*
< 50 000*
> 50 000*
< 50 000*
|Latvia||180 000||130 000||EUR|
|Lithuania||280 000||200 000||EUR|
|Luxembourg||200 000||215 000||EUR|
|Netherlands||1 000 000||1 200 000||EUR|
|Poland||3 000 000||1 500 000||PLN|
|Portugal||350 000||250 000||EUR|
|8 000 000||8 000 000||CZK|
|Romania||500 000||900 000||RON|
|United Kingdom||1 500 000||250 000||GBP|
|Slovakia||200 000||400 000||EUR|
|Slovenia||120 000||200 000||EUR|
|Sweden||9 000 000||4 500 000||SEK|
* If the amount is less than 50,000 €, a quarterly Intrastat declaration is required. If the amount exceeds 50,000 €, a monthly declaration is required.
** Below 460,000 € a simplified Intrastat/DEB declaration is required. Above 460,000 € a detailed Intrastat/DEB declaration is required.
The above information may be subject to change. The table serves as a guideline only.
Failure to produce the declaration within the deadline is penalised by a fine; the amount depends on the country.
POINTS TO REMEMBER FOR INTRASTAT
The Intrastat declaration must be submitted to the Department of Customs. The format of the declaration varies from country to country. It may be a hard copy or an electronic copy.
This declaration must be submitted in accordance with the declaration schedule of the country concerned. This may be monthly, quarterly or annually.
Thresholds vary from country to country. Consult the table above.
The term Intrastat is the name most commonly used; however in some countries it may have another name (for example, in France it is known as the DEB).
Companies are legally entitled to use external service providers to manage the DEB/DES/Intrastat on their behalf.
Would you like to speak to a representative to find out more about the Intrastat declaration ?
HAVE YOU CONSIDERED OUTSOURCING YOUR INTRASTAT DECLARATIONS ?
As we have shown, as soon as your company engages in trade activities (purchases, sales) with other countries of the European community, you are required to submit an Instrastat declaration to the Department of Customs.
Failure to comply with this mandatory declaration may lead to penalties and Customs fines for your company.
Outsourcing the management of your Intrastat declarations offers you significant benefits in terms of saving time and money and gaining peace of mind, for you and your employees.
You are protected in the event of:
Omissions or oversights: you have a dedicated person responsible for compliance with the timeframes and deadlines of your declarations;
Input errors/ inaccurate data, given that every omission or mistake in your declaration results in a fine;
Customs inspection: you benefit from personalised assistance during inspections and the various phases of the procedure.
HOW ASD CAN HELP YOU
In view of the benefits that outsourcing the Intrastat declarations can offer your company, you have only to choose a strategic and trusted partner to assist you in the necessary processes.
Created in 1993 following the opening of the borders, with its principal purpose being to assist European companies to prepare Intrastat declarations, over the years, ASD Group has been able to diversify its services by developing in parallel the activity of tax agent, tax representative and social representative in Europe.
Our core mission continues to be processing Intrastat declarations; consequently, we have set up a processing centre specifically dedicated to the preparation, management and regulatory monitoring of your declarations.
Thanks to the experience and know-how we have acquired in over 20 years of activity, we can handle all your customs formalities, we can assist you in the necessary processes to fulfil your declaration requirements and we can ensure the security of your operations in the long term.
Preparation, verification and filing of the DEB, DES and Intrastat
ANALYSIS AND CONTROL
Detailed monthly analysis and control of all your transaction flows
INPUT AND VERIFICATION
Input and verification of the accuracy of invoices and customs nomenclature
Research and verification of the customs nomenclature
Assistance during an administrative or customs inspection
Organisation of specific training in processing the DEB/DES, ideal for your employees
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