Tuesday, 26 March 2019

Questions (226)

Michael McGrath

Question:

226. Deputy Michael McGrath asked the Minister for Finance if the up-to-date statistics for the number of businesses that have applied for the key customs registration, the economic operators registration and identification number will be provided; the number of Irish businesses with such a registration now; the turnaround time for the Revenue Commissioners to process a registration application; the number of Irish businesses the Revenue Commissioners estimate will require such a registration in the course of their normal business after 29 March 2019 in the event of a disorderly Brexit; and if he will make a statement on the matter. [13709/19]

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Written answers (Question to Finance)

I am advised by Revenue that there has been a significant increase in registrations for Economic Operators Registration and Identification (EORI) numbers year on year. Revenue have advised that acquiring an EORI number is the minimum requirement for businesses that wish to trade with, or through, the UK when they leave the EU on 29 March 2019.

The number of EORI registrations issued to businesses since 2017 is as follows:

Year

Number of EORI Registrations

2017

2,594

2018

2,976

2019 to date

4,300

The number of businesses that currently hold an EORI since the introduction of the requirement for EORI registration in 2009 is 43,875.

Once a business is registered with the Revenue Online Service (ROS) the turnaround registration for an EORI number is approximately 3 minutes.

In November 2018, Revenue identified approximately 84,000 businesses who according to Revenue records, traded with the UK in 2017. Within this group approximately 62,000 were not registered for an EORI number at that time. Revenue wrote to those businesses and advised them to register for an EORI number as soon as possible if they intended to trade with or through the UK post-Brexit.

Revenue continue to encourage businesses that have not yet applied for an EORI to do so as a matter of urgency.