Jewelry industry is a developed field in Ireland, as well as in many other jurisdictions. The field has a long tradition and the most requested types of products refer to jewelry manufactured from precious metals (gold, silver, platinum) and various gems, such as diamonds. Investors interested in Irish company formation in this field may register one of the legal entities prescribed by the Companies Act 2014, but they will also need to comply with the local quality and satefy measures, on which our team of company formation agents in Ireland can offer more details.
Open an Irish company
The process of opening a company in Ireland is rather simple and numerous procedures can be completed on the online platforms of the relevant authorities. Most of the investors carrying commercial activities in Ireland prefer to register a limited liability company, as it provides certain advantages for the company’s shareholders.
More details on the jewelry businesses in Ireland are available in the video below:
Regardless of the legal entity chosen for incorporation, businessmen will need to register the company with the Companies Registration Office (CRO). There are certain procedures that must be completed at the CRO, from the registration of a trading name, to the filing of the company’s statutory documents. Also, the institution is authorized to provide information on any company registered in this country.
Since it performs commercial activities, the company will need to pay a specific set of taxes, such as:
• value added tax;
• social security.
The company will be required to register with the local authorities for these matters and it will also be necessary to open a corporate bank account. Our team of Ireland company formation representatives can offer assistance on the documents that must be prepared in this case.
Jewelry sector in Ireland
Foreign investors interested in company registration in Ireland in the jewelry sector can become members of the Federation of Jewelry Manufacturers of Ireland, a body set up to represent the interests of the manufacturers operating in the field. The companies that become members will be required to respect the regulations in the field and to avoid manufacturing and trade with conflict diamonds (generally, sold illegally on unstable markets affected by wars).
Businessmen are invited to contact our team of Ireland company formation experts for more information on the jewelry businesses.