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IT | Income Tax Registration for Sole Traders

Sole Trader and Self-employed Revenue Registration in Ireland

When you start working for yourself or decide to set up a business on your own, you are considered self-employed or a sole trader. Is there a difference? There’s not really much. Whether you call yourself a sole trader or self-employed, the concept is the same: you’re running your own show! A sole trader is one of the major legal frameworks alongside partnership and limited companies. The term sole trader and self-employed applies to many types of businesses whether you are a freelance copywriter or provide any other kind of freelance services, run an online shop, work as an independent plumber, etc.

As a sole trader, you are responsible for all your business losses and are expected to pay taxes on your own profits. So how to Sole Trader registration with Revenue

How to Register as a Sole Trader/ Self-Employed in Ireland

A sole trader is the simplest business structure with very little paperwork needed to get started. Before registering for tax, you must obtain a PPSN (Personal Public Service Number). This is a unique reference number needed for dealing with all public services and agencies including Revenue. To obtain PPSN in Ireland both Irish citizens and non-residents need to apply for the Department of Social Protection.

Your TRN (Tax Registration Number) will be the same as PPSN.

With Revenue’s eRegistration service, sole traders can easily handle their tax registration online – saving time and reducing paperwork. ERegistration is cheaper, faster, and more efficient than submitting a paper application. Non-residents of Ireland will need to complete a special Form TR1 (FT) to register for Revenue as sole traders.

What Taxes Sole Traders Pay?

Sole traders/self-employed pay Class S PRSI contributions. These are paid at a rate of 4% for sole traders earning €5,000 annually or €500 depending on your annual income. Individuals whose annual income from self-employment are less than €5,000, are exempt from paying Class S PRSI. Still, they are welcome to contribute €500 on a voluntary basis.

If you’re looking for a detailed look at tax obligations for sole traders, this sole trader tax guide is all you need. We surface the current rates of key taxes sole traders should pay in Ireland.

Ready to Launch Your Business Without the Hassle? Let Chern&CO Handle your Sole Trader Registration.

Registering for revenue as a sole trader may seem a piece of cake. In reality, navigating the registration process can be tricky. Why not let experts guide you through it, ensuring a smooth start to your business journey? Let Chern & Co specialists unlock a hassle-free registration experience for just €250. Say goodbye to complex paperwork and hello to professional guidance!

Have questions? Our experienced team is here to help. Schedule a no-obligation consultation today!

Disclaimer: The content of this page is for acquainting purposes only and is subject to change. It does not constitute any professional advice. No liability is accepted by Chern & Co for any actions taken or not taken in reliance on the information set out in this article. Professional, legal or tax advice should be obtained before taking or refraining from any action

Why Choose Chern & Co?

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Flexible Payments

Visa, Mastercard, Crypto, American Express, PayPal, Apple Pay. Clear invoices and instant receipts for every order.

Leading Authorised Agent

Certified CRO agent with deep expertise in Irish company law and non‑resident formations.

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Clear online terms & conditions, fixed prices, and no hidden fees across all services.

Dedicated Support

Guided registration for EU and non‑EU residents with responsive, expert assistance.

FAQ Section

Do I need to be physically present in Ireland to set up a company?

No, physical presence is not required. You can register a private company limited by shares or a company limited by guarantee entirely remotely, with all documents signed digitally and couriered where necessary.

How long does it take to register a company in Ireland?

The process typically takes 7–10 working days after completing AML/KYC checks and preparing your documentation. Timelines may vary depending on CRO processing times and additional registrations, such as intra-EU VAT registration.

What payment methods are accepted for company registration?

We accept bank transfers, major credit/debit cards, crypto payments, and selected online payment systems. All fees must be paid in advance before we start the incorporation and standard business occupation registration process.

Can I set up a business in Ireland from abroad?

Yes. Many of our clients are non-residents. We handle the full process remotely, including providing a registered Irish address, company secretary services, and nominee director options for compliance with Irish law.

Can I register a company without an Irish address?

No, every Irish company must have a registered office in Ireland. Our Prime Business Formation Package includes a compliant Irish address service for official correspondence and CRO filings.

What is the Prime Business Formation Package?

It’s our all-in-one service for non-residents. It covers incorporation, registered office, company secretary, nominee director (if needed), RBO filing, tax registrations, and support with intra-EU VAT registration.

What documentation do I need to incorporate a company in Ireland?

You’ll need passport copies and proof of address for all directors, shareholders, and beneficial owners. Additional documents may be required for specific activities or if you plan an intra-EU VAT registration.

What are the benefits of starting a business in Ireland?

Ireland offers a 12.5% corporate tax rate, EU market access, strong international reputation, and straightforward compliance procedures. We also assist with company strike-off if you later decide to close your business.

What types of companies can I register in Ireland?

Most clients choose a private company limited by shares, but we also assist with company limited by guarantee and other structures depending on your goals and business occupation type.

Regulatory Disclosure

Chern & Co Ltd is a licensed Trust and Company Service Provider (TCSP) in Ireland, authorised and supervised by the Department of Justice.

Our official registration reference is TCSP APP/1211/2018, and we are listed in the public TCSP register maintained by the Irish Anti-Money Laundering Compliance Unit.

Compliance • AML • TCSP

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