Auto parts businesses in Ireland are companies which sell on the local market auto parts and similar products designed for the automotive industry. Businessmen who want to open a company in Ireland in the automotive industry may set up an auto parts business, as it can provide numerous opportunities, due to the large size of this industry. Our team of Irish company formation agents can offer in-depth assistanc e on the registration on this type of business.
Register a company in Ireland
Any company operating in Ireland as an auto parts business is required to complete a set of legal steps related to its incorporation. The procedure will generally refer at the registration of the company’s business name, the registration of the legal entity, setting up a corporate bank account and the registration for taxation purposes.
Investors interested in Irish company formation should know that the procedure will start at the Companies Registration Office (CRO), the main institution handling the registration of all companies in Ireland, regardless of their legal entity. This is applicable to all business activities, including for auto parts companies.
It is important to know that companies operating as sole traders are also required to register with the CRO. However, it is important to know that most of the companies operating in Ireland are registered as limited liability companies, due to the advantages applicable to the company’s shareholders.
Also, investors must know that in a company registered as a sole proprietorship, the company’s founder will be personally liable for any debts incurred by the business, as there is no legal distinction between the founder and the company; our team of Ireland company formation representatives can offer more details on this aspect.
Car parts businesses in Ireland
When opening a car parts business, the procedure of company registration in Ireland will need to be concluded following the above mentioned steps. Companies operating in this field of activity are also required to obtain special licenses and permits for their specific operations. For example, the car parts provided by such companies are required to respect various quality standards.
As a general rule, companies operating as car parts businesses will provide the following products:
• car parts – which can refer to any part of a car;
• accessories for the interior or exterior of the vehicle;
Businessmen are invited to contact our team of Ireland company formation representatives for more details on the incorporation of a car parts business. Our consultants can offer in-depth advice on the main permits that should be obtained by this type of company.