Businessmen who want to start a small company in Ireland can open a laundry business. It can be a profitable business, as the services provided by the laundry company can be suitable for different parties, such as natural persons or legal entities. The main customers of a laundry establishment are represented by foreigners travelling for a determined period of time in Ireland, as well as other companies, mainly represented by accommodation units and other similar settlements (such as bars, pubs or restaurants). Businessmen interested in starting a laundry business can find out more details on the requirements that must be met in this case from our team of Ireland company formation representatives.
Register a laundry company in Ireland
The procedure related to company formation in Ireland respects the registration requirements available for other companies incorporated here. Thus, according to the investors’ business plans, but also to the capital available for the respective company, the businessmen will have to choose a legal entity. As a general rule, most of the companies incorporated in Ireland are set up as limited liability companies, as they provide the most advantageous framework for the company’s founders.
The company will have to be registered with the local authorities, including for taxation matters. It is important to know that laundry companies are imposed with a Value Added Tax (VAT), which is generally applied at the standard rate. However, under specific circumstances, the company may be imposed with the reduced VAT rate available in Ireland.
Businessmen can find out more details on the laundry businesses in Ireland from the video below:
Our team of Irish company formation agents can offer in-depth information on the VAT registration.
Types of services provided by an Irish laundry
Those who are interested in company registration in Ireland under the form of a laundry business must know that, in general, such companies provide the following types of laundry services:
• bed linen;
• table linen;
• kitchen linen.
A laundry in Ireland must respect several regulations related to the location where the laundry services are provided. It must have specific tools and the floors and the walls should be tiled. It should contain automatic washing machines, dryers, ironing boards and other related objects.
Businessmen interested in receiving more information on the laundry businesses are invited to contact our team of Ireland company formation consultants.