Type: Legislation
Commencing 1 January 2024, Croatia has revised its Intrastat reporting thresholds, impacting declarations for intra-community movements of goods. The updated thresholds are as follows:
- Arrivals: €450,000, a notable increase from €300,000.
- Dispatches: €300,000, up from €200,000 in the previous year.
In compliance with these changes, businesses engaged in cross-border trade are urged to adhere to the modified Intrastat electronic reporting form, which now requires additional details such as goods description, commodity code, delivery terms, mode of transport, countries of destination and origin, weight and/or quantity, invoice value, country of origin for dispatches, and the VAT identification number of the recipient of dispatched goods. It is imperative to stay informed about these adjustments to ensure seamless compliance and mitigate potential tax-related implications in transactions with Croatia.
Effective date: January 1st, 2024
