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Employee setting up a company

  • 11-08-2011 4:13pm
    #1
    eamonnq
    Registered Users, Registered Users 2 Posts: 4,012 ✭✭✭


    Hi, just a quick question on this, if I am employed full-time and want to set up my own company is this allowed or can you not be employed and own your own company as well ?


Comments

  • #2
    Gloomtastic!
    Registered Users, Registered Users 2 Posts: 8,829 ✭✭✭Gloomtastic!


    It depends on what your contract of employment says. If it's non-conflicting and won't affect your current role in any way then talk to your boss.


  • #3
    eamonnq
    Registered Users, Registered Users 2 Posts: 4,012 ✭✭✭eamonnq


    The boss thing is not an issue and as it would be something I can work with in my own time it would not have any effect on my current role.

    I was thinking more along the lines of tax implications and things like that.


  • #4
    Tangled
    Registered Users, Registered Users 2 Posts: 220 ✭✭Tangled


    It's fine to be both.


  • #5
    Bombe
    Registered Users, Registered Users 2 Posts: 39 ✭Bombe


    I set up my own company while in full employment, as long as you pay the taxes due you are fine to do both....


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