Register your business name and file your company returns online using the CRO’s CORE (Companies Online Registration Environment). Your company must then return reports and accounts to the CRO each year. To set up a limited company, you must register with the Companies Registration Office (CRO). In general, this means that if the company gets into debt, the creditors only have a claim on the assets of the company (not your personal assets). If you set up your business as a limited company, you and your business are seen as separate entities. ![]() Your partnership agreement should be drawn up by a solicitor. If the business fails, all partners are jointly responsible for the debt. Each partner is jointly responsible for running the business, and each partner must pay income tax, PRSI and USC on their share of the profits. PartnershipĪ partnership is where you set up your business with 1 or more people (known as ‘partners’). While it is relatively simple to set up as a sole trader, your personal assets could be used to pay your creditors if your business fails. If you want to use a business name, you must register your business name with the Companies Registration Office (CRO). Your main legal duty is to register as a self-employed person with Revenue (see the section on ‘Tax and PRSI’ below). You are personally responsible for the business. If you choose to be a sole trader, you are ‘self-employed’ and you do not have a business partner. Get contact details for solicitors in Ireland on the Law Society website. You should get advice from a solicitor or accountant when considering the structure for your business. The type of legal structure you choose depends on the kind of business you are running, who you will do business with, and your attitude to risk. Read more about coming to set up a business or invest in Ireland. If you are a non-EU/EEA and non-Swiss national and you want to open a business or invest in Ireland, you can apply for permission under the Immigration Investor Programme and Start Up Entrepreneur Programme. If you are from the European Economic Area (EEA) or Switzerland, you do not need permission to set up a business in Ireland. See more below on ‘Where to get advice on starting a business’. Enterprise Ireland gives support and advice to larger start-ups and Small and Medium Enterprises (SMEs). There are 31 Local Enterprise Offices in Ireland who work with micro-enterprises and sole traders. You can also visit your Local Enterprise Office for advice on how to start, grow and develop your business. Read more about becoming self-employed, or visit our page about sources of information on starting a business. Whether you are currently employed, unemployed, or coming from outside Ireland to set up a business, this page covers some of these important topics. You should consider the regulations that apply (for example, in relation to paying tax and hiring employees), and the range of financial supports available to you. ![]() Here at Gamer Tweak, we cover all your favorite games, so make sure to check out some of our other Video-Game Guides.If you are thinking about starting a business, there are supports available to help you with planning, getting set up and funding and finance. ![]() This is everything you need to know about the Best WRC 10 Controller Settings. ![]()
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