Starting a Business in Ireland

When starting a business in Ireland there are a number of legal structures that are available to you. The choice of which legal structure to use will largely be dependent upon considerations such as;

• your current personal taxation status & circumstances.
• the type of business you are considering e.g. will you be involved predominately with either good, services or a mix of both.
• the number of persons involved in starting a business with you.
• where you will run your business, e.g. from home or using a virtual or serviced office providers
• whether or not you choose to protect your individual assets from the outset.
• the anticipated level of turnover expected.
• how you expect to fund the new business e.g. bank loans, personal investment, BES, or other funding
• how you expect to be paid or receive income form the business e.g. drawings, salary, dividends etc.
• how you will choose to distribute profits
• your age and current pension/retirement planning status etc.

The above is but a brief overview with regard to broad considerations faced by entrepreneurs when starting a business. The ultimate decision however will always be up to you.

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• Frequently Asked Company Formation Questions.
• Registered Office Requirements
• Sole Trader
• Company Names
• Types of Limited Companies
• Register a Company Online