Register Ltd Company in Ireland

Register Ltd Company in Ireland

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Hello All

Would it be acceptable to register a limited company in Ireland although the business is trading in the UK?  There are more tax benefits for registering in Ireland.

Thanks

Replies (10)

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By johngroganjga
31st Mar 2014 20:14

Yes of course it is but remember that if it is a controlled foreign company it will be subject to UK tax in any event.

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By gedmond72
31st Mar 2014 21:48

Thanks john

Would that mean that both Ireland & UK tax would be due?

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By johngroganjga
31st Mar 2014 22:16

You will need an Irish tax adviser to answer that one.

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Kieran Phelan
By KPEM online
31st Mar 2014 22:42

Place of management
If the central place of management is uk, then uk corporation tax is payable. If it is Ireland, then Irish CT at 12.5% will apply. What will the company's trade be and where will decisions be made?

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By gedmond72
01st Apr 2014 19:21

Hi Sparkey999

The trade & decisions will be in Spain.

Thanks

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Replying to lionofludesch:
By gerrysims
01st Apr 2014 19:57

which ?

gedmond72 wrote:

1. business is trading in the UK

2. The trade & decisions will be in Spain.

Now you're 'avin a larf. Which is it ? You can't just pick n' mix your tax jurisdiction.

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By gedmond72
01st Apr 2014 20:12

Sorry I meant number 2, trade will not be in the UK.

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By gerrysims
01st Apr 2014 20:29

UK forum ?

I'm not sure why you're asking on a UK forum then. You need someone with knowledge of Irish/Spanish law. However as John says above it is likely any EU state will have similar CFC legislation and Double Tax treaties and the place where the management and control happens will be the taxing jurisdiction. You should also consider VAT registration depending on circumstances.

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Kieran Phelan
By KPEM online
01st Apr 2014 23:03

April fool?
???

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By gwaps
03rd Jul 2014 01:37
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