FOCUS ON VAT IS READY TO ACT AS YOUR IOR, EOR AND CBAM REPRESENTATIVE

An Exporter Of Record (EOR) covers the same points as the IOR and adds that it checks whether your exported goods are subject to restrictions or sanctions. An exporter of record is responsible for all steps of the export process from the EU country the product is leaving. All exporters must be established in the EU and must have an EORI number. Hence, if your company is not based in the EU appointing a local EOR is mandatory.

CBAM is a price adjustment applied to imports into the EU for designated goods based on their CO2 emissions in the production process outside the EU. The aim of CBAM is to prevent the risk of carbon leakage. Also, by encouraging the reduction of emissions by operators in third countries (countries outside the EU), global carbon emissions should be reduced. If you are not established in the EU then only an indirect representative (IOR) can act for you as importer of CBAM goods and fulfil the reporting obligations.

Our EU IOR, EOR and CBAM services are performed by Extraterritorial Trade Services BV, hereinafter referred to as ETS, part of the Focus on VAT group. When ETS acts as your company’s appointed representative, our name is recorded on the customs declarations. With over 20 years of dedicated focus on EU customs rules, we ensure perfect compliance. Whatever your products and wherever your goods are coming from or going to, our compliance specialists have expertise and experience to help you import and export seamlessly and hassle-free.