Intrastat is a system used in the European Union to collect statistics on the movement of goods between EU member states. If your business is involved in the trade of goods with other EU countries, you may be required to submit Intrastat declarations to the Dutch Customs authorities.
Intrastat declarations are required for businesses that exceed certain annual thresholds for intra-EU trade. The thresholds vary depending on the country and the type of transaction, but in the Netherlands, the current threshold is €1.5 million for arrivals and €800,000 for dispatches.
Intrastat declarations provide information on the quantity and value of goods that have been traded between EU countries. The information is used by the Dutch government and the European Commission to compile statistics on intra-EU trade, and to monitor the movement of goods across borders.
In order to submit Intrastat declarations in the Netherlands, your business must be registered with the Dutch Customs authorities and have a valid VAT registration. You can submit Intrastat declarations online through the Dutch Customs authorities, and the process is usually straightforward.
It’s important to note that failure to submit Intrastat declarations or to comply with Intrastat requirements can result in penalties and fines from the Dutch tax authorities. Additionally, if you are involved in international trade, it’s a good idea to ensure that you are fully compliant with all customs and VAT regulations in the countries you are trading with.
If you need help with Intrastat reporting or with VAT compliance in general, it’s a good idea to consult with a VAT consultant. A professional VAT consultant can provide expert guidance and support to ensure that your business is fully compliant with all regulations and can avoid potential penalties and fines.