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

  • 05-07-2015 10:11pm
    #1
    a fat guy
    Registered Users, Registered Users 2 Posts: 800 ✭✭✭


    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?


Comments

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


    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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