Originally Posted by smeharg
Let me get this straight:
You own a UK company.
You are resident in Ireland.
You want to start a business in Ireland?
Does the UK company do anything? Does it operate in the UK or is it dormant, that is "not trading"? Or is it trading and you want it to expand into Ireland?
I think you will be complicating things if you use a UK company to start a business in Ireland.
It is not as complicated as in Spain, due to start a company in Spain you need 3000€, plus 500€ for management, plus paying 200€ per month and start declaring your profits (don't mind if you have no) to the state since the first moment you start the business.
So I decided to register a company in the UK because it is much more easier. The Europe Union is a common business space, so the only thing I need is to deal with English law.
Maybe it seems more complicated for you, that are Irish but trust me, it is far away easier than start any kind of biz in my country.
In response to your other question, I register the company in order to be able to legally register all the money I earn. But my company is like a bypass, not a defined business model. By this time I am designing a map sponsored with advertisements and thinking about distributing it all over the B&B, hostels, hotels, student villages, etc. But some other day I could be serving as a freelance for another company using my company name. In a clear way, my company is my legal money-maker, instead waiting for a contract in a single business. And if I have an idea I think can be profitable, I just have to start working in it without thinking about paying 200€ every month for nothing.