Blog posts | SIGTAX LIMITED Ireland

Ireland as the ideal solution for Brexit

The question of whether to set up your business in Ireland or the UK has often rested heavily on the issue of taxes. However, the impending Brexit has completely changed the landscape.

Changing a company’s name in the Republic of Ireland

It is permissible for a company registered in Ireland to change its name if the authorising stakeholders deem it necessary. It also hinges on the Registrar of Companies, which is responsible for endorsing their written request. Typically, such a process requires 2 to 3 days to complete.

Shareholders Agreement for Irish Companies

A shareholders’ agreement consists of a signed contractual pact or accord involving a number of or all of the parties who own shares in a company. Frequently, a similar agreement may involve the company as a standalone body as well. The fundamental use of a shareholders’ agreement is to create a holistic framework to guide the administrative affairs of the company. It further articulates on how to handle matters that may cause undesirable rifts in the company setup.

Mediation in Ireland

Mediation has transformed into one of the most desirable mechanisms for Alternative Dispute Resolution (ADR) in many countries, Ireland included. A neutral and outside intermediary aids the procedure, ensuring that there is an effective dialogue and arbitration, with the overall focus to reach an unbiased consensus between the disagreeing parties.

Do I need an EORI number to trade with the UK post Brexit?

There are certain pertinent changes that companies should be aware of since the depature of the United Kingdom from the European Union (EU). For instance, if a firm registered in the Republic of Ireland wishes to continue doing business with players in the UK post-Brexit, the non-EU trade laws will probably hold.

Who is eligible for Research Development and Innovation Fund

World history has evidently been buttressed by technological innovation, research, and development. Similarly, the future of civilization is dependent on whatever technology has to offer. This is one of the reasons why Ireland is sorely focused on fostering local innovative businesses that attract significant foreign investment.

Should my startup company register a trademark in Ireland

Every business has a unique feature that differentiates it from others. To avoid other businesses from plagiarising your business model, it’s very important that you get a trademark for your unique competitive advantages and features. This will give you total and exclusive ownership of a particular product or service thus protecting you from market plagiarism.

Register as a self-employed in Ireland

Owning a business gives you a sense of independence and control. As exciting as it is to run your own business and become your own boss, it comes with a lot of responsibility and can be very arduous and extremely demanding. Becoming a sole trader can be taxing, both financially and time-wise

A simple guide to payroll in Ireland

Every business has employees who receive payment of the services they have rendered during a cyclic period ranging from an hour to a calendar year. Therefore, it's essential for an entity to keep a database of the employees’ salaries. This system is known as a payroll.

How to qualify for 12.5% Corporation Tax in Ireland ?

Compared to other countries in Europe, Ireland's corporation tax is fairly low. While in most countries corporation tax subsidies stand at a staggering 20%, Ireland boasts of a subdued figure which is just 12.5% of the revenue of the entity.