what is eori

what is eori stands for Economic Operators Registration and Identification, a system used in the European Union to identify and track businesses involved in international trade. An EORI number is required for companies that import or export goods into or out of the EU. It simplifies customs procedures and helps prevent delays or fines by ensuring that businesses are properly registered with customs authorities. Obtaining an EORI number is essential for smooth and compliant cross-border trade.