Tuesday, 25 June 2019

Questions (145)

Lisa Chambers

Question:

145. Deputy Lisa Chambers asked the Minister for Finance the number of companies that to date have not obtained an economic operators' registration and identification, EORI, number that will need one in order to continue to trade with the United Kingdom following its departure from the EU; and if he will make a statement on the matter. [26698/19]

View answer

Written answers (Question to Finance)

I am advised by Revenue that they identify businesses that trade with the UK by analysing the VAT Information Exchange System (VIES) data and that they have now analysed VIES data from 2018. This has identified that approximately 92,000 businesses traded with the UK during this period. On further examination of the data, Revenue have identified that 65,400 of these businesses do not currently hold an EORI number.

I am by Revenue that in line with this most recent data they in the period between now and the end of October they will be supporting individual businesses through an intensified and targeted engagement approach, with a focus on businesses that trade with the UK, designed to encourage action by each business to make sure they are ready for Brexit.

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.

Details of the number of EORI registrations issued since 2017 is as follows:

Year

Number of EORI Registrations

2017

2,595

2018

2,976

2019 (to 19 June)

6,885

These increased registrations reflect Revenue’s ongoing work to encourage businesses to prepare for Brexit and acquire, as a critical first step, an EORI number.