Application For Economic Operator Registration And Identification: Fill & Download for Free

1 .First you need EORI identification numberread more here about EORI - Economic Operators Registration and Identification number (EORI) - Taxation and customs union - European Commissiontogether with the EORI you need:the registration document issued by the competent authority of the third country in photocopy;the VAT registration certificate(s) issued by the Competent Authority in the Member States of the European Union, where applicable.documents showing the address of the registered office or the current fiscal domicile, where applicable, if it does not correspond to the one entered in the documents mentioned above issued by the responsible authorities within the Trade registry or by the Chambers of Commerce from the European Union or from the third country, in original or legalized copy, no later than 6 months before the date of submission of the application;a photocopy of the valid passport or other travel document in the case of natural persons.Those are generally the steps, but make sure to check with customs both Romania and China on the products you plan to ship, there might be more regulations.Here is a video discussing trading opportunities in Romania, maybe it will bring some ideas for you.Credits to : VIA RUMANIAGood luck!

There are some FAQs about the European VAT and I give answers below.1. What are the consequences if sellers don’t pay the due VAT?Sellers are required to declare taxes honestly, timely, and accurately. Any delated, false, or dishonest declaration may lead to the following risks:·Goods seized·Stores shut down·Fines2. What are the time requirements for VAT declaration and payment?Sellers shall complete the declaration and tax payment within one month after the expiration of the declaration period.·The first declaration periodAfter receiving the British VAT number, the first declaration period will be prescribed in HMRC’s letter and sellers must pay heed to the date of it. Generally speaking, if sellers get the VAT number on May 21, then the first declaration period starts from the same day to June 30. Thus from June 1 to June 30, they have to declare the transactions finished from May 21 to June 30 and paying the due taxes.Thereafter, three months comprise a normal declaration period.3. Can sellers use the VAT numbers of other companies?Each VAT number is exclusive and each company shall apply for a valid one.4. Is there any need for small companies to register VAT?Regardless of their scales, all cross-border e-commerce sellers who choose British warehousing services need to register, declare, and pay VAT according to the laws.In April 2019, Amazon called for sellers from France, Italy, and Spain to upload their VAT numbers to the platform before June 30, 2019. Hence VAT registration is crucial for the stores’ security.5. Will sellers have British bank accounts after VAT registration?After the registration, the applicants will obtain their VAT numbers and the EORI(Economic Operator Registration and Identification) information.The VAT numbers are not naturally correlated to British bank accounts which can be opened by the identities of local enterprises.6. What is EORI?EORI stands for Economic Operator Registration and Identification. It is a necessary registration number for individuals/enterprises conducting businesses within the EU members, especially import and export. Whether sellers have VAT numbers or not, they are required to provide the EORI numbers if they import goods to Britain and want the tax rebate.7. What is the relationship between VAT and EORI?EORI numbers are indispensable for customs entries. If economic entities have VAT numbers which are expected to be activated in the customs, then a GB will be added to the front of the nine-digit VAT number and “000” to its end. Without VAT numbers, sellers can also apply for EORIs and the information of their first batch of goods is necessary.8. Can sellers use the original VAT number if the company name is changed?If the company name is changed but the certificate code remains the same, the original VAT number is still valid. What sellers need to do is provide the new company name and the business license and then request the proxy to pass the revised information on to the HMRC.If a new company is registered and the certificate code is changed, then a new VAT number is required.9. After registration, sellers made zero-tax declaration due to the low sales. What’s the impact? Is it possible not to pay the tax?·Even if there are no sales, a regular tax declaration is required. Sellers can choose to declare themselves or by a proxy.·If there is no sales and no import customs clearance during that period, make a zero-tax declaration.·If without sales but there is import customs clearance and import tax bill, make a non-zero declaration and there will be a tax rebate.·If there are sales, import customs clearance, and import tax bill, make a non-zero declaration and the tax can be deducted from the bill（import greater than sales, there is a tax rebate; sales greater than import, sellers need to pay the additional sales tax deducted.·If there are sales but no import customs clearance or if there is import customs clearance but no import tax bill, make a zero-tax declaration and pay the sales tax.·After declaration, the tax shall be paid within 7 working days after getting the receipt. If the tax payment is delayed, HMRC will charge a daily interest rate of 3 percent according to the tax amount. After 30 days, HMRC will present the party concerned with the court papers. For the worst scenario, the taxpayer will be sued.10. With British VAT, can sellers finish the customs clearance in the EU countries as France and Germany?Generally speaking, the solution is to import goods from Britain and transfer to other European countries. There are two situations:·Goods transfer. Repeated VAT registration must be done locally.·Distance selling. If sold within the EU, goods are duty-free and can be directly shipped, but there are thresholds in different countries. In Germany, the maximum threshold is 100,000 euros.11. If the commodity is in Britain but is sold to France or other countries, how to pay the VAT and apply for a rebate?Whether sellers need to pay the British tax depends on whether the product is sold and shipped from there. If the item is shipped from Britain to France and the sale is declared in Britain, sellers should apply for a France VAT number and pay the tax under the circumstance that the sales in France exceed the distance selling threshold.For the tax rebate, if the input VAT outnumbers the output VAT of the quarterly tax declarations, sellers can apply for a transfer back to their British bank accounts and offer the tax office a check.12. What’s the consequence if sellers have VAT numbers but do not declare?It will cause trouble for the next customs entry. If the tax bureau responds quickly, the stock will be impounded and sellers shall take legal liabilities.13. Should sellers pay the VAT before the registration?When applying for the British VAT, the required information should be disclosed to the UK tax bureau. Sellers shall pay the due tax in line with the British VAT regulations.

Starting your own business and serving as CEO is simple, but building a business that endures early growth hiccups and withstands difficult economic periods requires diligent work and discipline.1. Write a business plan that develops a business idea into a viable product or service company that understands its target market and how to reach those buyers. Research industry, demographic and small business statistics through resources such as the SBA, the U.S. Census Bureau and your local Chamber of Commerce.2. Forecast start-up costs, annual operating costs and potential revenues. Check with leasing companies for office or retail space. Speak with contractors and developers regarding costs of renovations, product development and engineering. Estimate how many employees you will need and the costs associated with those employees using information from the Department of Labor.3. Choose a company name. Search the county clerk's name database as well as the secretary of state's database to ensure no one else is using your company name.4. File articles of incorporation with the secretary of state where your business resides. With the incorporation filings, include a list of existing board members, stating your name as the CEO of the corporation. Pay all required fees for the filing.5. Obtain proper tax registrations. The Internal Revenue Service requires corporations to maintain a separate tax identification number obtained by filing form SS-4, Application for an Employer Identification Number, online or via the phone at 800-829-4933. Contact local state revenue boards for state registrations and business permits and licenses.6. Obtain financing for your business through personal funding, small business loans or venture capital. If you are seeking a loan or investors, speak with your local SBA representative to see what loans or grants you qualify for or what resources are available for venture funding. Provide potential investors with a copy of the business plan.7. Open your business and execute your plan. Most businesses fail in the first few years because of undercapitalization or poor planning, according to the SBA. Make sure you have the funding to keep operations open while you build your business.