VAT registration in Ireland can be handled with the help of our local specialists who are at the service of both local and foreign economic operators. Find out below what the procedure implies. Quick Facts We offer VAT registration services (YES/NO) YES Standard rate 23% Lower rates 13.5%, 9%,…
A foundation in Ireland is generally registered with the purpose of developing non-profit activities. Under the Irish legislation, this structure is seen as a non-profit organization (NPO), which can be registered for mutual or public benefit purposes. Amongst the types of NPOs available in Ireland, besides the foundation, the legislation stipulates structures such as religious organizations, cooperatives, trade unions,…
The Irish trust can be set up for family purposes, through which the members of a family can benefit from the right to use a person’s assets. By opening a trust in Ireland, the trustee can also manage his or her current property. It is worth knowing that the trust must also be registered for tax purposes…
The voluntary strike-off in Ireland represents one of the legal ways through which a company can be shut down. The voluntary strike-off is one of the dissolution procedures available in Ireland which can be selected, provided that certain conditions are met, as described by the Section 731 of the Companies Act 2014. Our team of specialists in company registration…
One of the best destinations for starting the procedure of Irish company formation is Galway, a city which experienced a rapid development in the last period. Its economy relies on business sectors such as tourism, manufacturing, healthcare, financial services and others. Considering that Galway is a coastal city, its maritime sector also represents a solid…
Initial coin offering (ICO) in Ireland designates a term through which a company can obtain funds from the public. This is done by issuing tokens or virtual coins that can be exchanged with other types of currencies, but in most cases, virtual currencies are used. When opening a company in Ireland that deals with ICOs, investors should also consider the tax regulations…
A holding company in Ireland is registered for the sole purpose of owning and managing other legal entities. Ireland has become an attractive business destination for the registration of holding companies due to numerous tax advantages and tax exemptions (for example, this type of company can benefit from a capital gains participation exemption). Businessmen who want to open a company in Ireland as a holding company should also…
Why invest in the fintech sector in Ireland? Ireland represents the top investment destination at a European level for fintech companies. Investors who want to open a company in Ireland in the fintech sector can benefit from the support of the local institutions, such as Enterprise Ireland, and can benefit from an attractive taxation system. Also, the local market is growing in terms…
Foreign entities interested to open a company in Ireland should know that all business forms operating here are required to register for taxation purposes. This is also applicable to sole proprietorships, which are taxed on a different taxation scheme than the one applicable to other business forms, as there is no legal difference between the sole trader and the company’s founder. Our team of specialists…
There is no specific legal framework to comply with if you want to open a crypto company or become a Virtual Asset Service Provider (VASP) in Ireland. However, you need to adhere to the regulations of the National Bank which implies obtaining a crypto license in Ireland. If you want…