Definition
An EORI number, or Economic Operators Registration and Identification number, is a unique identifier used by customs authorities in the European Union to identify businesses and other economic operators involved in customs activities.
An EORI number is generally required when a company imports goods into the EU, exports goods from the EU, or carries out certain customs procedures. It is used on customs declarations and helps authorities identify the operator responsible for the transaction.
Companies established in the EU usually obtain their EORI number from the customs authority of the country where they are established. Businesses established outside the EU may also need an EORI number when they carry out customs activities in the European Union. In such cases, the registration is generally completed in the first EU country where the company performs a customs operation.
An EORI number is different from a VAT number. However, companies involved in international trade may need both, depending on their activities, supply chain, and countries of operation.
ASC Consulting supports international companies with EORI registration, VAT registration, customs-related requirements, and cross-border compliance across multiple jurisdictions in Europe.
TRENDING DEFINITIONS
Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.