Wednesday, 18 December 2019

Ceisteanna (123)

Lisa Chambers


123. Deputy Lisa Chambers asked the Minister for Finance the number of companies still without an EORI number; and if he will make a statement on the matter. [53463/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that currently 63,984 businesses have a customs registration and acquired an EORI number. 23,939 of these businesses obtained an EORI number in 2019.

When Revenue analysed the 2018 VAT Information Exchange System (VIES) returns, they identified some 94,000 businesses that traded with the UK in 2018. Of these 94,000 businesses, approx. 55,000 do not currently have an EORI number.

However, Revenue advise that 91.7% of the value of imports from the UK in 2018 and 97.5% of the value of exports to the UK in 2018 was carried out by businesses who now have an EORI number.

Of the businesses with import or export trade of more than €50,000 on an annual basis, and therefore with a potentially significant supply chain exposure to trade with the UK, the number without an EORI number is approximately 3,000. This indicates that a significant number of the businesses that are going to be significantly impacted by Brexit have responded to the call from Revenue to prepare for Brexit by taking the important first step of acquiring a customs registration.