Company formation | SIGTAX LIMITED Ireland

Company creation in Ireland vs. other EC Countries

Company creation in Ireland is faster and more business-friendly compared to many other EU (EC) countries, with a simple registration process through the Companies Registration Office. Ireland also offers a competitive 12.5% corporate tax rate and strong support for international businesses. However, regulatory requirements in sectors like finance can be stricter than in some other EU countries, depending on the activity.

PAYE overpayments and underpayments of tax

PAYE taxpayers may find themselves with an overpayment of tax or an underpayment of tax due to various circumstances. It is important to know where you stand in regards to PAYE tax payments in case your tax credits are being calculated incorrectly or there is a discrepancy with your tax payments.

Overview of the General Data Protection Regulation (GDPR)

The General Data Protection Regulation (GDPR) accounts for data protection across all European Union territories. The GDPR is complimented by the law enforcement Directive that sets data protection standards in regards to criminal offenses and the respective penalties in case of a breach.

Shares Transfer in Irish Firms

Although appearing simplistic, the issue or transfer of shares can be a daunting and complex task to complete successfully. It is imperative that concerned parties get expert assistance from qualified, registered and seasoned agents, eg. solicitors and tax advisors.

Applications for charitable status in Ireland

Third party agents or internal company lawyers can help firms with applications for the Charitable Status. As a general rule, the particular Irish enterprise has to undergo incorporation as a Company Limited by guarantee before proceeding with the Charitable Status request.

Company restoration in the Republic of Ireland

It is possible for an individual shareholder or director to restore a company with the Registrar of Companies in Ireland after its dissolution. This can be done for different reasons, usually, people seek company restoration in order to garner a certain quantity of assets remaining in the entity.

Capital Acquisitions Tax

Capital Acquisition tax in Ireland includes both gift tax and inheritance tax. The tax is chargeable on inheritance or gifts—and all properties located within Ireland. It is also applicable where the giver or receiver is resident in Ireland for tax purposes even if the property concerned is not in Ireland.

Post-registration services for Irish entities

Companies that have just undergone registration and sole traders who have incorporated an entity with an already demonstrated market presence can consult with company formation consultants and legal practitioners for assistance on additional services that they can potentially benefit from post registration. These consultants can help you avoid wasting time pursuing corporate duties and instead assist in channeling your time towards investment in other lucrative business ventures.

Coming to work in Ireland

Like in any other country, there are a series of legal requirements that you should complete before you can legally undertake employment in Ireland.

Coming to Ireland - tax and social insurance

Moving to Ireland comes with the legal responsibility to pay taxes to the Irish authorities. Liability to taxation depends on the residency status you hold