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company formation

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  • 24-05-2008 10:12pm
    #1
    M veis
    Closed Accounts Posts: 6 ✭


    hi all

    I am going into business with my partner and would like to know which is the best company to form, I've read a lot but I'm still not sure. Our company will turnover about 300,000 annually.

    Thanks ;)


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    #2
    information
    Closed Accounts Posts: 362 ✭✭information


    M veis wrote: »
    hi all

    I am going into business with my partner and would like to know which is the best company to form, I've read a lot but I'm still not sure. Our company will turnover about 300,000 annually.

    Thanks ;)
    There is really only one, a private company limited by shares


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    #3
    Accountant
    Registered Users Posts: 24 ✭Accountant


    Yes, you need need to incorporate. Although, there are costs associated with this. Perhaps it would be wise to set up as a partnership until the business gets off the ground. Just register business name with the companies office and the revenue.


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