Demystifying EORI Numbers: Your Guide to Economic Operator Registration and Identification
In the world of international trade, ensuring compliance with customs regulations is paramount. One crucial requirement for businesses engaged in cross-border trade is obtaining an EORI (Economic Operator Registration and Identification) number. In this blog post, we’ll dive into what an EORI number is and walk you through the process of obtaining one.
What is an EORI Number?
An EORI number is a unique identification code assigned to economic operators, such as businesses and individuals, engaged in international trade within the European Union (EU) and, in some cases, beyond. This alphanumeric code helps customs authorities track and monitor transactions, ensuring that imports and exports comply with relevant regulations and are properly documented.
Why Do You Need an EORI Number?
Having an EORI number is essential for several reasons:
1. Customs Declarations: When importing or exporting goods within the EU, an EORI number is mandatory for completing customs declarations. It allows customs authorities to identify the trader, ensuring that the correct duties and taxes are applied.
2. VAT (Value Added Tax) Purposes: Many EU countries use the EORI number for VAT purposes, streamlining the process of collecting and refunding VAT on international trade transactions.
3. Security: EORI numbers play a role in enhancing security and preventing fraud by helping authorities identify and track shipments and their owners.
4. Trade Statistics: Governments use EORI data to compile trade statistics, enabling them to make informed policy decisions and monitor economic trends.
How to Obtain an EORI Number
Obtaining an EORI number is a straightforward process, and it varies slightly depending on your location and the scope of your trade activities. Here’s a general outline of the steps involved:
1. Determine Your Eligibility
First, assess whether you need an EORI number. If you are involved in international trade, such as importing or exporting goods within the EU or engaging in customs-related activities, you will likely need an EORI number.
2. Contact Your Local Customs Authority
The process of obtaining an EORI number typically starts by contacting your local customs authority or the relevant government agency responsible for issuing EORI numbers. In many EU countries, you can apply online through the customs authority’s website.
3. Provide Required Information
You will be asked to provide certain information when applying for an EORI number. This may include details about your business, such as its legal structure, name, address, and tax identification number. Individual traders will need to provide their personal details.
4. Verify Supporting Documents
Depending on your circumstances, you may be required to submit supporting documents, such as business registration certificates, VAT identification documents, or other relevant paperwork. Ensure that you have all necessary documents ready for submission.
5. Await Approval
Once you’ve submitted your application and supporting documents, your local customs authority will review the information and, if everything is in order, issue you an EORI number. This process usually takes a few days to several weeks, depending on the jurisdiction and workload.
6. Keep Your EORI Number Secure
Once you have your EORI number, it’s crucial to keep it secure and use it accurately on all customs declarations and related documentation. Failure to do so could lead to delays, penalties, or other compliance issues.
Conclusion
Obtaining an EORI number is a fundamental step for businesses and individuals engaged in international trade within the EU. It ensures compliance with customs regulations, simplifies VAT processes, enhances security, and facilitates trade. By following the steps outlined in this guide, you can obtain your EORI number efficiently and continue your cross-border trade activities with confidence and compliance.
Flytta can be a valuable resource in understanding and obtaining an EORI (Economic Operator Registration and Identification) number, which is essential for businesses engaged in importing or exporting goods within the European Union and the UK. The Flytta team is here to support you on in obtaining and EORI number or work with a Flytta-approved customer broker to carry out customs on your behalf meaning you no longer need an EORI number.
To speak with a member of our team or connect with a Flytta Approved customs broker book a meeting with us or contact us: