Intrastat
Intrastat is the system for collecting information on the trade of goods between EU Member states. The system tracks the flow of goods and enables member states to produce trade statistics which are essential to a country’s balance of payments account. The Intrastat requirements are similar in all EU member states. However, variations exist and add complexity for Intrastat compliance. This makes it difficult for businesses to determine whether they are required to file Intrastat declarations.
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Through the automated threshold tracking system, The VAT Firm can help determine your Intrastat obligations and file the declarations on your behalf.
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Our Intrastat Services:
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Track and monitor of Intrastat thresholds across EU member states
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Prepare and submit monthly Intrastat reports
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Liaise and negotiate with European Statistics Authorities to reduce retrospective reporting requirements
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Negotiate with European Statistics Authorities to mitigate fines for non-submission