How to register a new business in Ireland
Establishing a new company, or company formations as its know in the industry, used to be a very confusing and more complicated issue that it should have been. Under the the Companies Act 2014 the process has been simplified. The old process of filling in long detailed forms and listing in painstaking detail the exact nature of every business activity the company is involved in will be a thing of the past.
The Companies Act 2014 allowed for Single Director companies to avail of limited liability status (one company secretary is still required) and new definitions of a “Micro Business” means that small companies with a turnover less than 700K will not have to file any details of their activities other than the Statutory Annual Return.
So What’s Involved In Company Formations in Ireland?
To incorporate a company a form called an A1 is completed and sent to the Companies Registration Office (CRO). At this stage you must choose the kind of company you wish to form from the options available (Avid Partners can assist you with the options) with most companies being incorporated as Limited By Share companies. The A1 form need to be signed by the company director(s) and the company secretary. Other details such as the name of the company, its place of business, names of its directors, shareholdings and the activities of the company are also required. Once these details are all processed and completed they are then sent to the CRO for formal registration. The company is usually officially formed within 5 days of receipt by the CRO. Then you are officially in business and the real work begins!
Avid Partners can assist you throughout the steps involved in forming a company and in managing your financial affairs through out the companies existence. For further details on company formations Ireland contact us on 0818 303087. Email us at advice@avidpartners.ie or alternatively you can complete the enquiry form below.
cforms contact form by delicious:days
Scenarios:
-
"A breath of fresh air. Your firm demonstrated enormous commercial understanding in turning around negotiations with a potential target vendor. I admire your style and ability to drive the deal forward. Many thanks." -
"I would like to say I'm very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with." -
"Your business approach to clients is very impressive. I have always found that when explaining the types of service on offer, it is always concise and straight forward. The level of trust that clients place in your company and its staff speaks volumes." -
"I would like to take this opportunity to say how much we are impressed with your company's professionalism, it has been a pleasure working with you all and we look forward to working with you in the future." -
"Avid Partners - Accountants & Business Advisors are an excellent firm of accountants, their quality ethos is outstanding." -
"I have dealt with Jamie O' Hanlon, of Avid Partners - Accountants & Business Advisors Chartered Certified Accountants, for a number of years as he is auditor to one of my clients. I have always found him to be professional and responsive in his approach." -
"Service is second to none; there is always someone at the end of the phone for any business advice. The staff are very easy to get along with, very approachable and know exactly what they are talking about" -
Having got to know the company through the BNI we decided it was time to change accountant. What impressed me about Avid Partners was their professionalism. Their attention to detail was second to none and as an added bonus they are a sounding board to all of my questions. Avid also potted some irregularities in my accounts from the previous few years and saved me substantial money on the years tax bill. Avid Partners deliver a first class service which is everything you could want from an accountant and I am happy to give this endorsement. -
We at Fitzies Bar have worked with Avid Partners - Business & Financial Advisers for over five years. We find that the advice and support offered to us in addition to all of our book-keeping requirements to include payroll, VAT, etc. is invaluable and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners. -
Jamie and his staff are a pleasure to work with. They respond promptly to any queries we have and are critical to our financial planning and the future needs of our business. I would highly recommend them to anyone interested in accounting services. -
We at Stillorgan Cycles have used Jamie and his Team at Avid Partners – Accountants and Business Advisers for over five years. We have found that the retail advice and support offered to us is second to none and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners. -
I met Avid Partners through a local business networking group. We had been using the same accountants for years and found that in these harsh economic times that we were not getting good enough value or service. We were very impressed by the company's professionalism and enthusiasm and genuine interest in helping us get the most out of our business. As a result we are now clients of Avid Partners and are thrilled with our decision.
