Abroad

Are your business partners abroad companies or even firms from outside the EU countries? In that case you must deal with VAT and eventually the customs duty as well. We can also help with data proceeding for Intrastat. Do not hesitate to contact us for further information.

Intrastat

Intrastat is a statistical system keeping evidence of movements of goods within the EU Member States. The information must be reported by subjects identified for VAT purposes who exceed the thresholds limits for transport or receipt of goods to/from abroad.

Intrastat system is a statistical data collecting system keeping the evidence of movements of goods between EU Member States. The information must be reported by subjects identified for VAT purposes who exceed the thresholds limits for transport or receipt of goods to/from abroad. There are many companies which are not sure about their obligation of reporting intrastat which brings the risks of high fees and sanctions. Such companies are liable to penalties up to 1 million CZK (i.e. approx. 37.000 €) for not handing intrastat report when required to. Companies also lack the knowledge about how to fill the reports correctly or do not have access to the most recent related information. Let us help to relieve your company of such concerns. In our team we have colleagues who are specialists in VAT and cross-border transactions. Let us follow and monitor the legislation changes for you.

Services

  • Consultations related to the obligation of Intrastat reporting
  • Monthly statements for Intrastat reporting
  • One-off preparation of Intrastat report
  • Taking over the responsibility for correct Intrastat reporting in time
  • Staff training

The obligation of Intrastat also bears more software requirements and regular updates and the time of your employees. In case the Intrastat reporting is outsourced we take the responsibility for its correctness. You would be out of any possible charges.

Prime Global

Prime Global is one of the TOP 5 organizations associating independent accounting firms all around the world and EK Partners are proud to be member of this organization. The organization was even highlighted by Forbes magazine as one of the most influential US company.

Thanks to our membership we have access to the unique educational system and to the news and changes in the field. Both of these factors are closely related to practice. We are constantly in contact with the most recent legislation changes and we do have information about proven procedures which are used within the consultations related to accounting and tax setting of your business. The members of the organization are only successful companies. Their total profits in 2019 exceeded 2,6 trillion of USD. Thanks to the connections in Prime Global we are honoured to cooperate with this elite society and share the knowledge and experience with one another. We are the very first Czech company from to participate. As a part of Prime Global we are able to provide cross-border services. There are companies from more than 80 countries that share their knowhow with us.