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Tax Department

General Information


PURPOSE OF THE INTRASTAT SYSTEM
In January 1993, frontier controls on the movement of goods between EU member states were abolished and importers and exporters in EU trade no longer were required to complete customs documentation. Therefore, in order to fill the gap that was created concerning the collection of statistics information, the EU introduced a system known as INTRASTAT. The system was designed to ensure that statistics of internal EU trade could be collected in a way which would maintain the quality of the statistics and the timeliness of their collection.

The system places obligation on traders to submit periodic declarations of their trade. The INTRASTAT returns are submitted to the Tax Department each month and concern arrivals from, as well as dispatches to other member states.

OBLIGATIONS OF TRADERS UNDER INTRASTAT
As from May 1st 2004, each VAT-registered person who supplies goods to or/ and receives goods from other member states (the value of which is exceeding the statistical threshold), is obliged to submit the INTRASTAT return for arrivals as well as dispatches to the Tax Department each month via TAXISnet.

According to the EU regulation, the Cyprus government defines each year thresholds expressed in annual values of intra-Community trade, below which parties are exempted from providing any INTRASTAT information. The thresholds are defined separately for arrivals and dispatches and they may change each year. For 2020, the «exemption thresholds» are €180.000 for arrivals and €55.000 for dispatches, and the «simplification thresholds» are €2.700.000 for arrivals and €5.800.000 for dispatches. For 2021, the «exemption thresholds» are €180.000 for arrivals and €55.000 for dispatches and the «simplification thresholds» are €2.700.000 for arrivals and €5.800.000 for dispatches.

The return must be submitted to the Tax Department the until the tenth day immediately following the end of the month to which the return relates.


PENALTIES
If a person fails to timely submit the INTRASTAT return, this person is liable to a penalty of fifteen euro (
€15). Non-compliance that continues after the thirty working days constitutes a criminal offence and a convicted person may incur an additional fine of up to two thousand five hundred sixty-two euro (€2.562).

If a person submits the INTRASTAT return containing substantial omission and/ or inaccuracy and does not inform the Tax Commissioner within two months of the end of the relative period, this person is liable to a penalty of fifteen euro (
€15).

AGENTS

A trader may appoint an agent to make and submit the INTRASTAT return on his behalf. Under the national legislation, if an agent is appointed, the agent must be a forwarder as defined by the article 74 of the Customs Code Law 2004. It is particularly noted that the nomination of the agent does not, in any way, diminish or alter the legal obligations of the trader concerned. Any pursuit action initiated by the Tax Department will be concentrated on the trader concerned, not the agent.

The traders are advised to study the INTRASTAT trader’s manual, in which they can find more detailed information about the completion of the INTRASTAT return. The traders can find the manual in the chapter ‘’INTRASTAT’’. The manual is written in Greek. You can download the file
here.


TAXISnet
From
1/7/2012 the electronic submission of Intrastat forms is mandatory. Access to the system can be done through http://taxisnet.mof.gov.cy In order to register for the system you can use the TAXISnet 01 - Intrastat (Application for Registration - Click here to see the pdf file). If you want to appoint an agent (forwarder) to submit the Intrastat forms, the agent must be registered in the TAXISnet system.



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