EORI – Be Ready For Brexit
Last week the UK’s international trade secretary – Liam Fox – suggested the odds were 60/40 against a trade agreement being in place with the EU, therefore a ‘hard Brexit’ currently seems most likely.
One of the consequences of a hard Brexit will be full Customs declarations for all of the UK’s European movements. An estimated 150-180,000 UK companies only trade with Europe and may be unfamiliar with customs procedures.
Customs entries will require an Economic Operator Registration and Identification (EORI) Number. There is no extra administration in having an EORI number, it just means importers and exporters will be ready should the need arise.
If you do not currently have this in place, then Customs Insights provide a service for a small fee to make the application for you. It may be prudent to consider this early – to avoid the inevitable last minute administration delays should a hard Brexit ensue.
For more information on applying for an EORI number, or to get competitive pricing on your customs entries, then please do not hesitate to call 01304 211652 or email firstname.lastname@example.org.
Ensure compliance, resolve difficulties, manage efficiencies and reduce duty.
CFSP Bureau Services
Customs Freight Simplified Procedures, a simplified electronic paperless gateway.
The Northern Ireland Audit Office has recently stated the country is not well prepared for a no-deal Brexit in areas such as trade and customs. With uncertainty surrounding the border and the repatriation of powers from Brussels, the Audit Office said planning is...
According to the Loadstar, a wait in the UK’s new Customs Declaration System (CDS) is not likely to cause a disruption in the country’s supply chains, but there is a concern on how post-Brexit operation of UK ro-ro ports are to be handled. Doubts have been growing...
lf Britain leaves the EU without a deal, the M26 motorway located in the South East of England, will be closed every night for almost six weeks to create an area that allows lorries to queue in the event of customs delays. As the deadline for Brexit approaches,...