Import and export regulations in Ireland
Irish companies importing goods from outside the European Union must complete certain customs entry formalities. Ireland has an electronic data transfer system that allows importers to send the Single Administrative Document (SAD) declaration to the Revenue Automated Entry Processing (AEP) system through the Direct Trader Input (DTI) program.
The SAD declaration
is a standard document that is used across all the EU’s member states and it represents the main declaration form of the importer
. The document has to be submitted by the person/company
which is importing goods
from one country to another.
Businessmen involved in trading activities in Ireland
should know that the SAD document
can be used when importing goods
to certain non-EU countries. This is available for jurisdictions that are part of the European Free Trade Association (EFTA)
– Norway, Switzerland
, Iceland and Liechtenstein.
The Revenue Automated Entry Processing system also allows companies importing goods in Ireland to pay the customs duties, the value added tax and the excise duty. When exporting goods from Ireland to non-EU countries, companies
have to fulfill a set of customs requirements
, which can be detailed by our team specialists in company formation
who are considering importing products into Ireland
should know that special regulations will apply. In this sense, all US businesses
have to send a request to the Office of the Revenue Commissioners
prior to engaging in the actual shipment of the company’s products
Imports in Ireland
Ireland’s main trading partner is the United Kingdom accounting for 34% of the country’s total imports. The United States of America is the second largest trading partner for Irish companies accounting for 13% of all imported goods. In Europe, Ireland also imports about 8% of its goods from Germany, 5% from the Netherlands and approximately 4% from France. Our team of consultants in company formation in Ireland can advise on the main trading regulations established with these countries.
China is also an important trading partner, accounting for over 5% of Ireland’s imports. Ireland’s import list contains refined petroleum, packaged medicines, petroleum gas and computer parts, as it is known that the IT industry is one of Ireland’s most attractive industries. In smaller percentages, Ireland imports cars, medical equipment and integrated circuits.
Exports in Ireland
The top export products sold by Ireland are represented by nitrogen compounds, that represent 20% of the country’s total exports. The second place is occupied by packaged medicines that represent 15% of Ireland’s total exports, considering the development of the pharmaceuticals industry during the last years.
Other products exported by Ireland are represented by goods such as computers, medical equipment, and integrated circuits. Irish companies export a large amount of products to the United States, followed by the United Kingdom and the Benelux (Belgium-Luxembourg) region. Other countries Irish companies export to are Germany, France, Switzerland, Italy and Spain in Europe, as well as Japan and China in Asia.
What regulations apply when trading to non-EU countries from Ireland?
within the European Union’s (EU) borders is generally exempted from complicated customs procedures
; however, when trading to non-EU countries
, other regulations are applicable, following the national legislation of each country. When performing import-export activities to non-EU countries
(often referred to as third countries), Irish companies
may need to obtain special licenses
and conduct all the customs procedures
in order to export
the respective products.
Businessmen who are considering starting the procedure of Irish company formation
for a business that will perform import-export activities with non-EU countries
should also know that, depending on the nature of the goods, special requirements will have to be completed for aspects that are presented below:
• labelling requirements referring to the origin of the respective products;
• language requirements for the products' labels, depending on the countries to which they are exported;
• technical standards and standards regarding the packs in which the products are sent to other markets;
• pharmaceutical products have to respect specific import-export regulations, and they may also be subjected to restrictions or prohibitions, depending on the nature of the product.
For detailed information concerning the customs duties formalities please contact our team of specialists in company formation in Ireland, who can also advise on the legislation addressed to trading activities completed in this country. Our consultants may provide information on the taxes that can be applied to special categories of products that will be traded on the Irish border.