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;

• declarations for import-export purposes;

• 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.

Comments

Abby 2017-11-22
Hello, I would like to know what types of documents are to be submitted when applying for an EORI number.

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