Brace for Brexit 12: EU simplifications
Jason Croke considers the loss of VAT simplifications that we have taken for granted while the UK was an EU member, but which will no longer be available to businesses from 1 January 2021.
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Wouldn't it be possible to make a voluntary registration in say Eire ( they speak english) get an EORI number and then make all EU sales and purchases via that virtual office and thereby make everything much simpler?
What if the UK company is actually in Northern Ireland (or establishes a branch there), which in some respects continues to be as if it was part of the EU?
Most of the above "simplifications" does not apply to most UK companies.
Once the UK is out of the EU, trade with the EU is either export or import, very simple.
If drop-shipments, call-off or consignment stock is needed in the EU, then setup a legal entity/subsidiary within the EU or find a EU reseller.