Value-Added Tax (VAT) is applied to any goods or services in Ireland, even the ones that are imported into the country. It is charged on the total sum of the merchant’s products, on any services done abroad, and on goods acquired from EU member states. It includes all taxes, commissions, costs, and charges. The standard rate of VAT is 23% for goods and services that are not in any reduction category.Read more

There are many companies in the world with different methods of conducting business to customers. You need to find out what will benefit your ideas, your budget, and your goals best. This article will explain the two types of companies most people choose when starting out: Sole Trader and Limited Company. Both have different ways of managing shares and property and are run differently.Read more

There are many steps and procedures that you must go through to set up a Limited Company in Ireland. This article will explain the different types of Limited Companies, the Corporation Tax rate that you will pay, the requirements for creating a Limited Company, how and where to register your company’s name and address, how to register for VAT, and what documentation you need to fill out and have.Read more

There are a few things you need to know if you are a non-resident director who wants to start a company in Ireland. You need to take out a Section 137 Non-Resident Directors Bond, as stated in section 137 of the Companies Act 2014, and ensure that you fill out any relevant documentation. This article will explain why you need to take out a bond, what the bond entails, whether you qualify for receiving the bond, and what to do after you receive your bond.Read more

The corporation tax in Ireland is fully open and transparent. The features within makes it one of the most attractive global investment location. The corporation tax rate is 12.5% which is relatively lower compared to other European countries. It is the tax imposed on the net income of the company. It refers to the amount of tax that companies are supposed to pay to the government or tax authorities from annual profits. This tax has various effects on the company’s investment decisions as well as government revenues.Read more

Would-be entrepreneurs get business plans turned down by funders every day. These are some of the key mistakes which set off alarm bells in the minds of funders.

Read more

As more and more people start or consider starting their own business, it is important that they understand the core steps that are required to launch successful ventures. These steps include spotting, assessing, selecting and executing upon opportunities.

Read more

A business plan is a document created at the beginning of a new venture, whether it is an entirely new business or a new venture within an existing business. Plans created internally are generally only as formal as they have to be, based on the company politics. They may not include all of the same standard sections as a business plan for a new business, and are only as detailed as required by the firm’s managers.

Read more

Entrepreneurial Vision:  Create a Business Roadmap for Success
Entrepreneurs must have a vision of where they want their company to be in the future. In addition, the entrepreneur must be able to communicate this vision in an exciting manner to employees and investors, so that they share the vision and are motivated to help achieve it.

Read more

Bookkeeping and Accounting requirements grow with your business and can become quite demanding. We use your bookkeeping records to create Year-End Accounts.

Year-End Accounts give you information about your business and help you raise finances or help you make a mortgage application.Read more