Monday, July 18, 2011

Starting A Business In Ireland-Starting Your Own Business In Ireland | Terry Gorry & Co. Solicitors

Key decisions in setting up your business

Some of the key areas you will need to consider at the outset include

  • the legal structure of your business
  • financing
  • whether you buy an existing business or start up from scratch
  • statutory obligations in relation to registering as an employer and for taxes such as vat, paye/prsi and so forth.

See also

Legal structure of your business

The choices for structuring your business will be a choice of sole trader, partnership or limited company. There are pros and cons of each of these business arrangements which you can check out elsewhere on this site.

Financing your Irish business

Financing your business in the current climate will be difficult and your options will include one or all of the following: