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Have to setup as Ltd company for invoicing

  • 03-12-2013 3:30pm
    #1
    LFCGavin
    Registered Users, Registered Users 2 Posts: 17 ✭


    Possibly not the correct place but I've accepted a 1 year contract. I've never worked on contract before and have to setup as Ltd company so I can invoce the company. Is there a lot involved to this?


Comments

  • #2
    Eoin
    Registered Users, Registered Users 2 Posts: 21,263 ✭✭✭✭Eoin


    post moved to new thread in Entrepreneurial & Business Management forum


  • #3
    qwertz
    Registered Users, Registered Users 2 Posts: 1,726 ✭✭✭qwertz


    Have you considered umbrella services? They either take a percentage or flat fee and do most of the paperwork for you.


  • #4
    Jarren
    Closed Accounts Posts: 4,692 ✭✭✭Jarren


    If you are looking for a software for invoicing

    http://www.invoice2go.com/

    Very happy user


  • #5
    srsly78
    Registered Users, Registered Users 2 Posts: 7,157 ✭✭✭srsly78


    Lots of threads on this topic, both here and on the taxation forum. Use the search function - keywords being "contractor, umbrella company" etc.


  • #6
    onedmc
    Registered Users, Registered Users 2 Posts: 456 ✭✭onedmc


    Yea probably quickest to use an umbrella company probably cost about 100 per month. Just google umbrella company( icon accounting and fenero) You could setup your own ltd company but will probably cost you 200 to set up.

    Don't forget you may need professional indemnity.

    As for invoicing software waveapps is free for unlimited invoices, works for expenses as well though accounting is way too US for us.


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  • #7
    Peppa
    Registered Users, Registered Users 2 Posts: 134 ✭✭Peppa


    Hi there

    You can invoice using word and without being a company (i.e. as a sole trader) unless they will only deal with you as a limited company in which case you still don't need any software for that small an operation. However in line with previous posters I think umbrella is definitely the way to go for you.

    I am a qualified accountant (out of practice 2 years now) and I do all my husbands accounts for him. But you need to be up to speed with it. Opening a company costs and closing it costs!!!!

    He used to use umbrella companies until he had to open his own company or couldn't get certain contracts and I was forced to become his accountant :-). I have one company that we would recommend above the others - no connection with them other than purely business. Pm me if you want me to find out the name for you.


  • #8
    bigdone
    Banned (with Prison Access) Posts: 13 ✭bigdone


    Is it true that TD is talking to bring back Social Welfare Christmas bonus this year?


  • #9
    jimmii
    Registered Users, Registered Users 2 Posts: 14,810 ✭✭✭✭jimmii


    bigdone wrote: »
    Is it true that TD is talking to bring back Social Welfare Christmas bonus this year?

    Weird place to post that!! Doubt it would go down well with all the people who are paying their property tax! Can't see them doing it myself.


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