Switching to a limited company

Many people start off in business as a sole trader, as it is cheap (€20 to register a business name), quick – you can register a business name in 2-5 days in the CRO, and its easier and less costly if you decide to cease to trade. Against this, is that you are personally responsible for all debts of the business – Revenue Commissioners, staff and suppliers.

If your business has now grown, and you feel you are paying too much tax, contact Niall in the office and he will help you and advise you of the benefits of switching to a Limited Company. A year end is the best time to switch and as most peoples year end is 31st December, this is a great time to make this decision.

Date Posted: 6 December 2019