Intrastat returns is the collection of data that gives an idea how flows of goods and services work in the EU. You are obliged to fill out forms and your government sends in this information. Since the opening of the internal European market the EU is interested to see and know how crossboarder business is done. So when you sell to a company with a VAT number in another EU Member state you usally don’t have to charge VAT. And even when you sell to consumers you don’t have to pay VAT in the country where you are selling as long as you stay below the VAT treshold.
But when you exceed the treshold you have to apply for a VAT number. When you sell in more than one country it is very complex. A lot of effort to find the right governmental offices to apply. So you can do it smarter and search for a partner who can help you. Not only with the Application work.
Eventually the statistic information (intrastat) for the European Union was collected by the individual customs in the European member states. With opening of the European markt and the disappearance of internal borders in Europe, the EU didn’t get the information anymore. So since 1993 the individual European countries have to deliver this information by themselves. But how can the collect this information? The individual countries do this via the VAT number and intrastat reporting and use the big data qeueries.
So when you are cross border selling you have to be aware that you are VAT compliant and so provide the statistich information to the local government in the country where are selling when you exceed the VAT treshold. Headace you think? Well at least it is a lot paperwork and you as entrepreneur just want to sell. So what can you do to overcome al this paperwork. You can decide not to deliver al the numbers, but you are obliged. And where do you get al the information to apply for your local VAT number in al the countries you are selling?
When you are willing to import into the EU from outside you need an EORI Number it is very smart apply via you Fiscal Representative. My company is selling electric smog measuring devices. We had a great help from the independent VAT specialist RM Boulanger UK. The advantage is that they are independent is that they are not connected to my account so it safes me al a lot of time. More information about this company you can find at www.rmboulanger.co.uk