If you want to establish a company in Estonia and conduct business in the EU, you will need to obtain an EORI (Economic Operators Registration and Identification) number. The EORI number is a unique identifier for businesses in Estonia and is required by both the tax authorities and the banking sector.
What is an EORI number?
EORI is a number assigned to businesses in the European Union to track the movement of goods in the market. EORI numbers are used for business registration, tax purposes, and trading with other businesses in the EU. Businesses in Estonia must have an EORI number in order to do business within the EU.
To get an EORI number, businesses in Estonia must first complete an application process. Once the application process is complete, businesses will receive an EORI number. An EORI number is important for businesses in Estonia because it allows them to easily track their goods throughout the EU. With an EORI number, businesses can easily identify the origin and destination of their goods. This information is important for ensuring that businesses are compliant with EU trade rules.
EORI is also important for businesses in Estonia because it allows them to easily trade with other businesses in the EU. With an EORI number, businesses can easily identify each other and trade goods and services without having to go through a customs process. If you have a company in Estonia and you want to get an EORI number, you can complete the application process online.
What does an EORI number look like?
An EORI is a unique nine-digit number that identifies a company in Estonia. The first four digits indicate the region within Estonia in which the company is located, while the last five digits uniquely identify the company. EORI numbers are generally issued in sequential order, starting with the region number at the low end of the range and working up. For example, a company located in the Tartu region would have an EORI number starting with “T.”
To obtain an EORI, a company must first complete an application form and submit it to the appropriate regional office. Once the number has been issued, the company can use it to identify itself on official documents, such as tax returns and business licenses. If you’re looking to establish a company in Estonia, be sure to submit an application for an EORI number before you start your operations since you’ll need the number to identify your company on all of the required paperwork.
Do I need an EORI number?
In Estonia, an EORI number is not necessary for business transactions. However, if you are conducting transactions that fall under the remit of the Estonian Financial Intelligence Units (FIUs), you will need to provide an EORI. Additionally, if you are a foreign company that is investing in Estonian companies, you will need to obtain an EORI number from the Estonian Tax and Customs Board (ETCB). You’ll need an EORI if:
- You have appointed a mediator or a representative to handle the customs for you. This representative must be established in Estonia when you’re exporting or importing from this country.
- Declarations to customs are to be made.
- You’re using systems for customs clearance like the Import Control System Northern Ireland (ICS NI) or the CHIEF system.
- You’ve applied to customs for decisions.
Is the EORI number the same as the VAT number?
EORI is not the same as a VAT number, but if you’re VAT registered, they’re linked. When you submit your VAT registration, you can also register for an EORI number. Once this is done, the Estonian Tax and Customs Board (ETCB) will link all your imports to your VAT number. You can check if you have an existing EORI by using the number validation checker on their official website. If you have a VAT number, you can simply type it with “000” at the end to see if the number is already valid.
How do I get my EORI number?
If you’re thinking about starting a business in Estonia, you’ll need EORI. Here’s how to get one:
- Register with the ETCB. This will require filling out an application form and providing some documentation, such as your business registration certificate or tax certificate.
- Once you’ve registered, you’ll need to submit an application for an EORI number. You can do this by filling out an application form and sending it to the board.
- Once you’ve received your EORI, you can start using it to register your business with the ETCB. You’ll need to submit an application for a business registration number and pay a registration fee of €100.
- Finally, you’ll need to submit an annual business report to ETCB. This report will need to include information such as your company’s gross revenue, expenses, and personnel.
There are a few important things to keep in mind when registering your business in Estonia:
- Provide detailed information about your company, including its name, address, and registered number.
- Make sure you have all the required licenses and permits in place.
- Ensure that you have enough money to cover the initial registration costs and other related expenses.
- Be prepared to answer a lot of questions from the authorities.
You also have the option of hiring firms that provide company formation services in Estonia to carry out and complete all processes on your behalf.
Workhy helps you set up a company in Estonia and get an EORI number
If you need help with the procedures of starting a business in Estonia and obtaining an EORI number, Workhy has an offer for you. You can get support from our professional team to set up a company in Estonia and get an EORI number. Visit our website to learn about the comprehensive services we offer for entrepreneurs who want to start a business in Estonia.