There are several legal business structures to choose from, each with their own advantages and disadvantages. These structures include sole trader, partnership and Limited Liability Company.
Information on the types of business structure and their legal and tax implications is available through the Companies Registration Office or in guides published by the major banks and State agencies.
Registration is completed through the Companies Registration Office. You will also need to register for VAT, PAYE etc. (see below).
Enterprise Ireland and Local Enterprise Offices offer detailed information on starting a business in Ireland.
Information about financial supports for Irish businesses can be found here.
For information on tax registration click here. Additional information is available in Revenue’s Starting in Business Guide.
The IMCA has negotiated a very attractive deal on professional indemnity insurance with Towergate Professional Risks, and on car / home / office insurance with Glennons, the savings on which can exceed membership fees. Additional information is available here.