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Register a company for website?

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  • 12-04-2013 8:07pm
    #1
    Registered Users Posts: 2


    Hi all,

    Just wondering if anyone on here could help me,

    I'm thinking of setting up a new website reviewing products.
    I plan to have some ads on the website.

    Do I need to register as a company?
    I would hope to eventually generate some revenue on the site but it will be very small.

    I understand it all depends on how much revenue is generated but for the first few years I would estimate it will not reach more than 1000euro per year.

    Any help would be greatly appreciated.


Comments

  • Registered Users Posts: 773 ✭✭✭capefear


    Keithirl wrote: »
    Hi all,

    Just wondering if anyone on here could help me,

    I'm thinking of setting up a new website reviewing products.
    I plan to have some ads on the website.

    Do I need to register as a company?
    I would hope to eventually generate some revenue on the site but it will be very small.

    I understand it all depends on how much revenue is generated but for the first few years I would estimate it will not reach more than 1000euro per year.

    Any help would be greatly appreciated.

    Keep it simple. Don't set up a company. Register the business name buy the domain name and set up the site. Keep a list of all your expenses and any revenue you earn.

    If you set up a company it will cost you 175 to set up another grand to get an accountant to prepare accounts.

    So as I said keep it simple until your generating income than look at setting up a company.

    Sorry for the short answer just typing on a phone.


  • Closed Accounts Posts: 2,091 ✭✭✭Peterdalkey


    Capefear nailed it!


  • Registered Users Posts: 2 Keithirl


    Thank you very much!
    That makes a lot of sense to me now that you have said it.
    Short, sweet and to the point I really appreciate the advice.


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