BREXIT – EORI after January 1, 2021

In the case of entities registered in the United Kingdom, having an EORI number was related to transactions with third countries. However, due to the fact that the United Kingdom is leaving the European Union, it will be necessary to have an EORI number for further operation of entities. Therefore, entrepreneurs conducting transactions with European Union Member States should have an EORI number. The lack of this identifier results in stopping the flow of goods.

EORI – what is worth knowing

Abbreviation of EORI (Economic Operators’ Registration and Identification) in other words, it is the EU system for verifying flows of goods to register and identify economic operators for customs purposes. This system operates in every member state of the European Union. Additionally, some changes are coming early in 2021, so read our article to know more.

SLIM VAT: simplifications for taxpayers

The Ministry of Finance announced 16 July 2020 a package of changes to facilitate calculation and settlement of VAT. The aim of proposed changes is to make VAT easier, more modern, and adopted to the local reality, i.e. the high presence of small and medium-sized firms in Poland that settle their taxes on their own.