The UK Warehousing Associaton has welcomed new plans announced by the Chancellor to help businesses prepare for trade with Europe post-Brexit by automatically enrolling companies in an important customs system and doubling the numbers registered for EORI.
More than 88,000 VAT registered companies across the UK will be allocated an Economic Operator Registration and Identification (EORI) number in the next two weeks in order to keep trading with the EU and help ensure the smooth transit of goods after the UK has left.
EORI numbers are unique ID numbers allocated to businesses that enables them to be identified by Customs authorities when doing business with other traders. If businesses do not have an EORI number post-Brexit, they will be unable to continue to trade with EU Member States.
UKWA CEO Peter Ward comments, “UKWA continues to be in close consultation with HM Government’s Border Delivery Group and HMRC on matters affecting our members, and this is a move that we and other stakeholders have been pushing for. We are pleased the government is listening to the voice of the industry.”
Additional information about EORI registration:
- If your business is not VAT-registered, you will still need to register for an EORI number. Information on how to register can be found here
- Getting an EORI number is one of the steps to action urgently to be prepared for leaving the EU
- After getting an EORI number, you will need to decide whether to complete customs declarations yourself, or employ a customs agent to do this.
- Letters containing an assigned EORI number will arrive within two weeks