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What should I expect when registering a company in terms of legal requirements?

a fat guy · 2015-07-05 22:11:28

Hi folks! A fellow student that did a course with a couple of years ago set up an actual company for his final year software development project. What are the legal requirements of doing something like this? I'm assuming that I'll have to pay a initial setup fee of some kind then have to do some kind of tax audit to prove…

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05-07-2015 11:11pm

#1

a fat guy

Registered Users Posts: 800 ✭✭✭

Join Date: January 2011

Posts: 754

Hi folks!

A fellow student that did a course with a couple of years ago set up an actual company for his final year software development project.

What are the legal requirements of doing something like this?

I'm assuming that I'll have to pay a initial setup fee of some kind then have to do some kind of tax audit to prove that I'm not earning any money, and therefore do not have to pay taxes, correct?

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#2 05-07-2015 11:14pm
jimmii

Registered Users Posts: 14,810 ✭✭✭✭

Join Date: May 2007

Posts: 14604

If you register as a Sole Trader its pretty straight forward if you wanted to go for an LTD for some reason there its a bit more expensive and there are more obligations. The Legal Structures section on the Citizens Information site sums it up and gives a few links for further reading/registering.

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