The EORI number is similar to a VAT number and is important for smooth business operations. If you’re a business owner looking to start trading and get an EORI number in 2024, many professionals in Malta can help you.
EORI in Malta
The EORI system works at both the national and EU levels. The Malta Customs Authority assigns EORI numbers to businesses that deal with Maltese authorities. This number is valid throughout the entire EU. Once a business gets an EORI number, the Maltese authorities must inform the European Commission about the business’s details. This information is stored in a database that EU countries can access, but only with the business’s permission. Importantly, Maltese authorities always seek consent before sharing any business information.
Are EORI numbers necessary for companies in Malta?
Generally, EORI numbers are not required for companies that trade within Malta or with businesses outside the EU. However, EORI numbers are necessary when a company or individual needs to go through Customs to trade with other EU countries.
If you’re also looking to buy property in Malta, our lawyers can provide legal support throughout the process. This support includes checking documents and representing you before the notary during the signing. Notably, foreigners can buy office spaces, homes, land, and villas, provided they are not owned by the state.
Requirements for EORI registration
Starting February 1st, 2024, any EORI registration without a valid postcode will become invalid in the NCTS and AES systems. Thus, all businesses involved in transit or AES-based export procedures must ensure their EORI registration includes a valid postcode. If shipments are delayed due to a missing postcode, they may be held until the National Authority updates the necessary information. To prevent such problems, businesses should check their EORI registration and make updates if needed. Our Maltese lawyers can help you with this process.
Both individuals and companies in Malta must apply for EORI numbers when they first deal with Customs for trading with another EU country. To register for EORI, you must first get a VAT number. Here are the requirements for EORI registration in 2024:
- First, obtain a VAT certificate from the local tax office in the city where the business or person is registered or resides.
- Next, the EORI number you receive will be unique and help Customs easily identify you across all EU countries. Moreover, the EORI number is valid throughout the entire EU.
- Additionally, companies based outside the EU can register for EORI in Malta if their first interaction with an EU Customs authority occurs here. In this case, the EORI number obtained in Malta will be valid throughout the EU, just like for domestic companies.
Structure of the EORI number in Malta
All EORI numbers in Malta begin with the country code MT. Since EORI numbers are designed to be similar to VAT numbers, they typically match the VAT numbers of businesses, with a few exceptions. When making customs declarations, businesses must include their VAT number with the MT code in front.
How to register for EORI in Malta in 2024
To register for EORI in Malta in 2024, businesses must contact the Customs House in Valletta. Specifically, they need to submit their VAT certificate, the MFSA (Malta Financial Services Authority) certificate, and a copy of the director’s identification document. If you are a business outside the EU, you will need to submit a customs declaration according to specific EU regulations.
What you can do with an EORI registration in Malta
EORI numbers simplify the management of business activities and reduce the time spent dealing with Customs. Here are some activities you can complete with an EORI number:
- Submit summary and customs declarations to the Customs authorities in Malta or other EU countries.
- File exit and entry summary declarations for temporary admission import procedures.
- Operate temporary storage facilities in Malta or other EU states.
- Apply for various authorizations and certificates, including Authorized Economic Operator (AEO) certificates from Customs authorities.
It’s essential for companies to formally request the EORI code from the Maltese Customs authorities where they first export. Once they receive their EORI number, they can use it for exports to any EU member country.
Foreign traders needing EORI numbers in Malta
Foreign individuals and companies starting trading relationships with a Maltese company for the first time must apply for their EORI registration with the Maltese Customs Authorities. They must submit copies of their identification papers if they are individuals or copies of the Certificate of Registration and VAT certificate if they are companies.
For foreign companies looking to trade with Malta, the EORI number consists of the MT prefix for Malta, the trader’s country code, and the number assigned by the Customs Authority in Malta.
How long does it take to get?
If all the necessary documents are in order, it typically takes about 4 to 5 working days to obtain an EORI number for local companies, sole traders, and residents. For foreign operators, the process may take a few days longer.
The EORI number issued in Malta starts with the MT country code and has a structure similar to EORI numbers for EU-based operators.
VAT in Malta
As mentioned earlier, EORI registration depends on having a VAT number. Therefore, companies or individuals must register for VAT in Malta to receive an EORI number.
