Do you know the Key Actions to Prepare For Brexit?
If the United Kingdom does leave the EU without an agreement, the World Trade Organisation route may become the default solution, in which case businesses will have to apply customs, excise and VAT processes to goods traded with the UK.
To prepare for this you must take the following actions NOW:
- Obtain an EORI
- Declare Correctly the Commodity Code(s)
- Agree Clearance Responsibilities
- Provide Comprehensive Invoice / Packing list data, citing the Commodity code(s)
What is an EORI number?
An EORI number is a European Union registration and identification number, for businesses which undertake the import or export of goods into or out of the EU. In Ireland EORI is the same as a VAT number. However, they must be registered as EORI numbers with Customs.
How do I get an EORI number registered?
This can be done free of charge by visiting: https://www.revenue.ie/en/online-services/services/common/register-for-an-eori-number.aspx
What are Commodity Codes?
The code is an eight-digit number for exports outside the EU or goods moving within the EU, but is a ten-digit number for imports from outside the EU. Each code determines the correct tax and duty you will pay for these goods. If you want to export or import goods outside of the EU you must have a commodity code for all goods.
How can I find a commodity code for my products?
Go to https://www.findhs.codes/
Useful Links and Support
- https://www.revenue.ie/en/customs-traders-and-agents/brexit/brexit-contingency-action-plans/ index.aspx