types of companies

VAT registration In Ireland

Every legal business entity operating in Ireland is obliged to pay VAT, save for a few businesses and individuals who are exempted; fishers, farmers and a few others. VAT is added on to the value of services or products at each stage of production or distribution. It’s rather a clever structure set up by governments to make companies unpaid tax collectors. The upside to VAT is that if your business is VAT registered, you can claim a VAT credit from the Irish Revenue for the tax you paid to other VAT registered entities. Sadly final consumers can only pay VAT but they cannot claim it.

Trademark registration in Ireland—Everything you need to know

Trademarks serve as markers or identifiers by which companies can use to mark their products or services and distinguish them from those supplied by other businesses. The registration of trademarks in Ireland is not mandatory, however you are highly recommended to register your trademark to protect your brand. A trademark gives you exclusive rights to your services and products such that no one will be able to legally use your trademark without your consent.