- INTRASTAT collects data on goods traded between EU Member States, replacing customs declarations since 1993.
- Businesses in the EU must comply with Intrastat if trade exceeds a certain threshold, along with VAT returns and European Sales Listings.
- In Spain, businesses with over 400,000 euros in intra-Community arrivals or dispatches must submit an Intrastat declaration.
- The obligation is separate for imports and exports; a business may need to file for one but not the other.
- Reporting starts in the month the 400,000 euro threshold is reached and continues for the rest of that year and the next.
- Example: A company reaching the threshold in May 2026 must file from May to December 2026 and all of 2027.
- Declarations are required even in months without transactions.
- Reporting obligation ends if no transactions meet the threshold in the previous year.
- Required data includes goods description, incoterm, VAT number, country of origin, and region of dispatch.
- Deadline for submission is the 12th of the month following the transaction month, or the next business day if the 12th is a weekend or holiday.
- Penalties apply for late, false, incorrect, or incomplete submissions.
Source: vatdesk.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
