
The
EORI refers to the procedure for
Economic Operators Registration and Identification, introduced under the regulations of the
European Union (EU). The
EORI system was introduced for safety measures related to the
goods and products traded inside the EU. Investors who want to
open a company in Georgia performing
trading activities on the EU’s market will need an
EORI number assigned by a
customs authority of the
EU. The
EORI number assigned to a
legal entity in Georgia will be
unique at the level of the
EU and valid across all the member states of the
Community.
Our team of agents in company formation in Georgia can provide in-depth advice on the
EORI registration.
EORI regulations
The
EORI system was created under the
Regulation (EEC) No. 2913/92, amended several times since its creation. Under the provisions of the
Commission Regulation (EC) No. 312/2009, all economic operators that have to complete
customs operations are required to have an
unique EORI number, which is comprised by a specific
country code, followed by an
assigned customs number.
Our team of specialists in company registration in Georgia can offer further information on the
country’s EORI code.
EORI on customs documents in Georgia
All
companies which perform
customs procedures have to present their
EORI number, which was introduced, amongst numerous reasons, in order to reduce the lengthy procedures that are usually handled in this case. The
EORI number has to appear on specific
customs documents, such as:
• customs declarations;
• appeals;
• applications for customs refunds.
There is a distinction between the
EORI registration for
subsidiaries and branches operating in Georgia.
Subsidiaries are required to apply for the
EORI number, while the
branches do not have to enter any procedures, as the
parent-company has the main responsibility to
obtain the EORI number.
It is important to know that the EORI number becomes valid in a period of 24 hours after the relevant authorities have assigned a code to an economic operator.
Businessmen interested in this subject are invited to
contact our team of consultants for further advice.