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Closing a business that never traded

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  • 18-04-2012 11:16pm
    #1
    Registered Users Posts: 7


    I opened a business in Dec 2011, but never traded and have since decided against proceeding with the business.

    What do I need to do to close the business?


Comments

  • Registered Users Posts: 474 ✭✭J.Ryan


    A Business or a Limited Company?


  • Registered Users Posts: 657 ✭✭✭optimistic_


    By "open" what do you mean?
    Is it just registering a sole trader name with the CRO?
    If so - deregister with the CRO, job done.
    If you are a limited company with two €1 shareholders or whatever - repay the share capital and then deregister.


  • Registered Users Posts: 474 ✭✭J.Ryan


    ....If you are a limited company with two €1 shareholders or whatever - repay the share capital and then deregister.

    While it is a simple proceedure, its not that simple. Let the OP answer my original question and then we can give the proper advice.


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