Section 137 Non Resident Bonds and Brexit has become a hot topic now that the transition and deadline period has passed, the United Kingdom has left the European Single Market in December 2020. An agreement was reached between the UK Government and European Commission to align Northern Ireland in a limited way on rules over… Read More »
Author: Mark Hegarty
What is a PPS number?
When we are contacted regarding forming a new company for a client living outside Ireland, one of the many questions they ask is what is a pps number? A Personal Public Service Number or PPS number, also referred to as a PPSN. The number is required by Irish Directors who own more than 15% of… Read More »
Company Formation Filing Deadlines year end 2020
Update as at 09:18am on 23rd December 2020 The process of incorporations on the New Companies system is still showing errors, and there are some small delays. For the most part the process is returning to normal. Update as at 13.00 on 17th December 2020 The Companies Registrations office released the CORE software over… Read More »
Do I need to do an annual return?
One of the most frequent questions regarding annual returns is do I need to do an annual return? I had no trade in the first 6 months. The answer here, whether you had activity in the company or not is YES. The first annual return is filed 6 months after incorporation, even if the company… Read More »
Incorporating a Company Timelines
If you are considering incorporating a company before Jan 01st 2021, there are a number of contributory factors that could delay the incorporation process regarding incorporating a company timelines. This post will take you through the considerations, but the bottom line is that if you want to be incorporated to operate in January, we are… Read More »
Buying a Shelf Company in Ireland
Buying a Shelf Company in Ireland is sometimes the go to for Directors who want a quick turnaround, but it has its advantages and disadvantages. In our industry, clients are looking for services to be provided quickly. Generally the company formation or Shelf Company transfer needs to be turned around quickly, usually because the client… Read More »
Moving Sole Trader to Limited Company
Moving sole trader to limited company can seem like a daunting task, but with the correct guidance, it can prove very beneficial. Planning for moving should be in conjunction with an Accountant with a Tax skillset. Limited Liability. Limited Liability is one of the most important provisions made within the 2014 Companies Act. It is… Read More »
Reasons to incorporate in Ireland
If your considering where you will locate your company, there are many reasons to incorporate in Ireland and base your business here. With the United Kingdom leaving the European Union, Ireland is positioned to be a strategic location to form and operate a company. Ireland is Europe’s Fastest Growing Economy. The Irish Economy grew by… Read More »
Preparing an Irish Company for Brexit
Preparing an Irish Company for Brexit during the current transition period is critical to ensure compliance and continuity of business. Currently the United Kingdom is following EU rules in a transition period which is due to end on 31st December. During the transition period, the relationship between the United Kingdom and the EU will remain… Read More »
Virtual Office in Ireland
Many of our clients not only require a registered office, but also full Virtual Office in Ireland. Outsourcing is a proven lean start up strategy, and a Virtual Office in Ireland can make all the difference in keeping costs down. It is a requirement to have a Registered office in Ireland for all companies on… Read More »