Intrastat is a means of collecting information on trade in order to produce statistics on the trading of goods in the European Union.
When is it compulsory to submit an intrastat declaration?
It is compulsory to submit an Intrastat declaration when the following two conditions are met:
TYPE OF OPERATION
You are a natural or legal person with a VAT Tax Identity Number (NIF-IVA) for the purposes of carrying out deliveries (dispatches), intra-European Union acquisitions (arrivals), or transactions treated as such, participating in the exchange of goods between Spain and another member state.
Release for free circulation.
VOLUME OF TRANSACTIONS
The preceding financial year’s volume of intra-European Union transactions exceeds the legal exemption threshold.
VOLUNTARY INTRASTAT SUBMISSION
If an intra-European Union operator, exempt from submitting the Intrastat declaration due to their volume of trade not reaching the legal exemption threshold, submits the form voluntarily they will become subject to the formal obligations ensuing from the Intrastat system.