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Amazon

Why to Register Company in Ireland for Amazon

Why to Register Company in Ireland for Amazon

In today’s globalised commercial world, more and more companies are seeking to boost profit from Amazon selling. It comes as no surprise regarding the reputation of Amazon as one of the largest and safest online marketplaces in the world.  Nevertheless, when the...

Bookkeeping & Taxation

How to Pay Income Tax in Ireland

How to Pay Income Tax in Ireland

Income tax for individuals is an essential component of the Irish tax system, and one of the principal sources of the Irish state budget. If you are living or planning to live and work in Ireland, understanding Irish income tax is a must.  Ireland operates a...

Company Formation

How to Open a Company in UK in 7 Simple Steps

How to Open a Company in UK in 7 Simple Steps

The United Kingdom has one of the best business environments in the world for starting and operating a company. Between April 2022 to April  2023, over 800,000 businesses were started in the UK. This shows the country has policies that make it easy to begin a new...

Trademarks

Can You Register NFT as Trademark?

Can You Register NFT as Trademark?

Non-fungible tokens (NFTs) have exploded in popularity over the last couple of years. The total market value of NFT transactions in 2022 exceeded $40 billion. This demonstrates the immense growth and popularity NFTs have gained over the past few years. These digital...

What You Need To Know

Frequently Asked Questions

How to register a company in Ireland?

A company is a legal entity separate and distinct from those who own or run it. In order to incorporate a company a Form A1 shall be filled in and submitted together with a Constitution to the Registrar of Companies with scanned signed originals. Anyone can register a company themselves. However, it is advised to use a professional to ensure compliance with the Companies Act 2014. Each company must have a director and a secretary, must carry business in the state and have a registered office address in Ireland.

How long does it take to form a company?

It takes just a few hours to fill in and prepare necessary company documents and forms. Once documents are submitted to the CRO, it usually takes 3-5 days to issue a company registration number. Due to the impact of Covid-19, the Companies Registration Office may process applications for up to 2 weeks.

Can I register a company online without a need to come in person? 🍀

Yes, there is no need to physically come to Ireland to set up a company. Certainly, you are more than welcome to visit the country. It’s beautiful! Forms are uploaded digitally using scanned pdf files of original signatures. Please note, CRO does not accept digital signatures done by typing a name or drawing a signature.

How many directors and secretaries an Irish company must have?

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What is the difference between Limited Company (LTD) and Partnership?

Limited company is a separate entity from a legal person. Ltd companies are limited by shares. If business is liquidated, the company’s liabilities are treated separately to those of its shareholders and directors, in a way, protecting them from debt and financial losses of the business itself. Partnerships, on the other hand, have limited and unlimited partners who are treated as legal persons. Unlimited partners are responsible for all debt and liabilities accrued by the business.

How to close the company if I don't need it?

A company can be closed or wound up by a process called Voluntary Strike-Off. This is a quick and easy way to dissolve the company without any consequences for the founders and directors. Both trading and non-trading companies can be closed. The main criteria for eligibility would be no debts and no assets above €150. If this condition is not met, the company shall be liquidated or will be struck off the register by CRO by a process called Involuntary Strike Off with possibility of fine. Book in a free consultation to discuss winding up of your company.

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