In today’s globalised economy, businesses are increasingly seeking opportunities to expand into new markets. The United Kingdom remains one of the world’s leading trade hubs, offering vast potential for international companies looking to distribute products efficiently across the domestic market. However, navigating the complexities of UK customs and tax regulations can be a challenge for foreign businesses.
To support corporate and medium-sized businesses seeking to establish a presence in the UK, Alinea Customs has partnered with a reputable London-based accountancy firm to offer comprehensive in-house services for GB EORI registration, GB VAT registration, and quarterly GB VAT filing. Our services are designed to simplify the process, ensuring full compliance with UK regulations while enabling businesses to take advantage of key benefits such as postponed accounting for import VAT.
Understanding GB EORI and GB VAT Registration
GB EORI (Economic Operators Registration and Identification) Number
An EORI number is essential for businesses engaging in import or export activities in the UK. Without it, companies cannot clear goods through customs. Our team ensures an efficient registration process, allowing businesses to begin trading without unnecessary delays. Furthermore, as we also provide customs clearance companies benefit from a direct point of contact for all customs and border related processes.
GB VAT (Value Added Tax) Registration
Foreign businesses that plan to sell goods in the UK are typically required to register for VAT if they exceed the threshold or wish to reclaim input VAT to reduce their costs. Our service includes the end-to-end handling of VAT registration and filing, through our partnership with a London-based accountancy firm, ensuring businesses meet all HMRC compliance requirements. A significant advantage of the UK market is access to postponed accounting for import VAT, which means that rather than paying 20% import VAT on arrival, traders can simultaneously declare and reclaim VAT as an input and output tax on their VAT return, resulting in no impact to cashflow.
Key Benefits of Our Service
- Seamless Market Entry
- We provide a structured approach to registering for GB VAT and EORI, ensuring businesses can legally operate in the UK with minimal administrative burden.
- We provide customs clearance at ports across the UK
- Postponed Accounting for Import VAT
- Businesses can take advantage of postponed VAT accounting, meaning they do not need to pay import VAT upfront. Instead, VAT is accounted for on their VAT return, improving cash flow management.
- Regulatory Compliance and Risk Mitigation
- Our team ensures businesses adhere to UK customs and tax regulations, reducing the risk of penalties and delays due to non-compliance.
- Efficient VAT Filing and Reporting
- We provide ongoing quarterly VAT filing services, ensuring businesses remain compliant with HMRC’s Making Tax Digital (MTD) requirements.
- Access to the UK Marketplace
- With a UK VAT number and EORI, businesses can distribute their products efficiently from the UK, leveraging the country’s robust infrastructure and trade networks.
Who Can Benefit from Our Services?
Our GB EORI and VAT registration services are available to corporate and medium-sized businesses established outside the UK that wish to sell goods in the UK market. This includes companies from all sectors, including but not limited to:
- E-commerce and Retail: Businesses selling directly to UK consumers via online marketplaces.
- Manufacturing and Wholesale: Companies distributing products to UK-based clients.
- Pharmaceuticals and Healthcare: Importers of medical equipment and healthcare products.
- Automotive and Machinery: Businesses supplying parts and equipment to UK customers.
- Technology and Electronics: Companies looking to enter the UK market with tech products.
- Food and Beverage: Importers of packaged goods and specialty food products.
Why Choose Alinea Customs?
At Alinea Customs, we understand the complexities of international trade and the importance of efficient customs procedures. Our dedicated team provides tailored solutions to help businesses navigate the UK’s regulatory landscape with confidence. By partnering with a leading London-based accountancy firm, we offer an integrated approach that combines tax expertise with customs compliance, ensuring businesses benefit from a streamlined and hassle-free experience.
Get Started Today
If your business is looking to expand into the UK market and requires assistance with GB EORI and VAT registration, contact Alinea Customs today. Our experts are ready to guide you through the process, helping you access new opportunities while ensuring full regulatory compliance.
For more information, reach out to us at customs@alineacustoms.com or call us on +44 (0) 207 101 4242.
