Any business that imports or exports goods into or out of the EU, needs an Economic Operator’s Registration and Identification (“EORI”) number. This number is used by Revenue, HM Revenue and Customs and all other EU member states’ customs authorities to identify the trader and impose the necessary duty on the goods.
While it is difficult to predict the outcome of the UK general election, or whether a deal will be reached on or before 31 January 2020, if your business is involved in exporting or importing goods between Ireland and the UK, or between the UK and the EU, you can take steps to ensure that your business will operate as smoothly as possible by registering for an EORI number now.
Many trading companies were automatically registered for an EORI number when registering for Customs and Excise. As such, it is common for the EORI number to be ‘IE’ followed by your company’s VAT number. Once you have your company’s VAT number, you can check if your company has a valid EORI number by visiting the European Commission website at the following link here
If you do not currently have an EORI number, you can register for one through Revenue on either My Account or ROS. It usually takes three working days for an EORI number to issue and it is essential to do so if your business imports or exports goods into or out of the UK.
Revenue has a helpful and easy to use guide to registration which can be found at the following link here
Should you have any questions in relation to the above, or any of the articles published to date as part of our Brexit Series, please do not hesitate to call your usual Flynn O’Driscoll contact or either of the undersigned authors.
This note is for general information purposes and does not constitute legal advice. Legal advice must be obtained for all individual circumstances. Each case must be assessed on its own merits.
Ciara graduated from Dublin City University in 2015 with an honours degree in Economics, Politics and Law, specialising in Law. Ciara has worked in other large commercial firms in the financial institution department….
John graduated with an Honours BCL law degree from University College Dublin in 1994 and was admitted as a solicitor in Ireland in 1997. He has also diplomas in European Law from the Universite des Sciences Sociales, Toulouse and the University of Amsterdam….