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Organizing a skill-based competition with an entry fee

  • 13-12-2011 1:25pm
    #1
    Closed Accounts Posts: 1


    Hi all,

    I would like to set up, through an Irish company, a skill-based art competition that will offer a reward in cash and would require participants to pay an entry fee.

    - do you know if this is subject to any specific regulation?
    - should the value of the cash prize be accrued beforehand and maybe registerd with some authority?

    Kind regards,

    Mat


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