VAT Compliance


INTRASTAT is the system for collecting information and producing statistics on the trade in goods between the member states of the European Union (EU).

Each member state establishes an annual threshold below which a company is not required to file INTRASTAT reports. The reporting thresholds in Germany are € 400,000 for dispatches (exports) and € 400,000 for arrivals (imports). Companies only over these thresholds are obliged to file INTRASTAT reports.

In Germany, the INTRASTAT declaration must be sent to the relevant authorities ten working days after the end of the reporting month at the latest. If no invoice exists for a goods receipt following the reporting month, the declaration of goods is postponed until the following month. If no invoice has been received a month later, the system uses the purchase order to determine the value of the goods and the goods movement is reported.

WW+KN can prepare the German INTRASTAT reports for foreign clients. Mostly foreign clients engage WW+KN to fulfill the German compliance and to prepare VAT returns, INTRASTAT reports and EC sales list together.

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