What is a Tax ID?
A Tax ID, also known as a Tax Identification Number (TIN), is a unique combination of numbers used to identify individuals or businesses for customs screening purposes. The terminology may vary depending on the destination country. For instance, in some Asian countries, it's referred to as a TIN, while in Brazil, it's called a CPF number.
Why is a Tax ID important?
Providing a Tax ID ensures smooth customs clearance, reducing transit time and the risk of returns due to missing or incorrect information.
Tax ID formats
The required Tax ID format varies by country. Here's a breakdown of the formats for each country:
When is a Tax ID required in the US?
A Tax ID is required when importing goods into the United States (US) that require a formal entry, typically for commercial products valued at over $2,500. In the European Union, businesses must provide an EORI number when moving goods outside the EU. Some EU countries also require an EORI number or personal ID number for individuals importing goods for private use.
Remember to check with your country's customs authorities for specific requirements, which may vary.