Financial collateral operations are schemes where the financial guarantee obligation of the VIGOLIN JSC system is the collateral for financing.
Financial collateral transactions are used for financing goods in warehouses or in transit.
There are several types of financial collateral operations, which are divided by the nature of the collateral and by the documents.

According to the nature of pledges can be distinguished:

 
Intrastat (Intra EC Trade Statistics) is a system for collecting data on trade exchange between countries belonging to the European Union (EU).
VIGOLIN JSC provides assistance in compiling the Intrastat report and submitting it to the Department of Statistics.

WHO IS OBLIGED TO SUBMIT THE REPORT?

The enterprises obliged to submit the INTRASTAT report are defined on the basis of statistical thresholds.
The statistical threshold is calculated on the basis of foreign trade data for the previous year.
When calculating the thresholds, the turnovers of outgoing and incoming goods are considered separately. A report is only submitted if the turnover exceeded the statistical threshold when sending goods to or receiving goods from the EU.
In 2018, the statistical threshold in Estonia is 130 thousand euros for the dispatch of goods and 230 thousand euros for the receipt of goods.

The INTRASTAT report must also be submitted by foreign companies that are taxable in Estonia or their representatives.

Individuals and legal persons who are not taxable (exempt from filling in turnover tax declarations) must not submit the INTRASTAT report.

The INTRASTAT report includes only foreign trade transactions with EU countries. Transactions with non-EU countries (third countries) are not included in the INTRASTAT report.

The INTRASTAT report should include all foreign trade transactions with EU countries that reflect the actual movement of goods (excluding transit - transport of goods through the territory of Estonia). In the case of INTRASTAT, the change of ownership of the goods is irrelevant (with the exception of the purchase/sale of ships and aeroplanes), the main rule is that the goods actually move from Estonia to another EU country or enter Estonia from another EU country.

If only invoices are received in Estonia from other EU countries, but the goods are not sent to Estonia, but to another EU country, such a transaction does not need to be shown in the INTRASTAT report.