Company Bureau awarded ‘Business Formation Advisory firm of the year’ for 2012 by Acquisition International

By Andrew Lambe, 7th August 2012 We are delighted to announce that Company Bureau (CompanyFormations.ie) has been awarded ‘Business Formation Advisory firm of the year’ for 2012 by Acquisition International in their M&A awards. This prestigious award which we were delighted to accept is testament to the hard work and professionalism of our team and […]

How to close a company in Ireland. Best practice, Voluntary strike-off, Liquidations explained

By Andrew Lambe, 10th July 2012 In the current economic climate, we are, not surprisingly, seeing more companies in Ireland being closed down than companies being registered. For example, in the first week of July 2012 there was 200 limited companies registered, however, 523 company closed their doors. The vast majority of these are ‘Involuntary Strike-Off’s’, […]

iXBRL filing for company financial statements and tax returns to be mandatory by 2014

By Andrew Lambe. 25th May 2012. The Irish Revenue Commissioners are currently finalising proposals to make iXBRL (XBRL) filing for company financial statements and tax returns mandatory by 2014. iXBRL, which stands for stands for inline eXtensible Business Reporting Language, is a format that allows tax returns to be filed with the Revenue Commissioners electronically […]

Ireland consistently recognised as the easiest country in Europe to pay business taxes

Business Tax In Ireland

By Andrew Lambe, 6th March 2012 (Updated 4th November 2020) Ireland has been judged as the easiest country in Europe in which to pay business taxes according to a report published annually by PwC, the World Bank and the IFC. Ireland has been consistently recognised in this position for Irish business taxes, almost consistently ranking […]

Sole Trader v Limited Company? What are the differences and why should I register as a limited company?

Limited Company or Sole Trader

by Andrew Lambe, 28th February 2012. (Updated 11th September 2021) The million-dollar question faced by Irish residents in a start-up scenario is, “Should I form a Limited Company or Sole Trader?” The answer depends on numerous factors such as the type of business you wish to carry out, whether you’re still going to be in […]

Ireland now ‘The world’s most globalised western economy’

By Andrew Lambe, 6th February 2012. Ireland is now the most globalised nation in the western world according to Ernst & Young’s 2011 annual Globalisation Index, published last week. Ireland has jumped up to 2nd place overall in the world in terms of GDP, and is forecast to stay in second place internationally until at least 2015. […]

0% Corporation Tax Exemption Extended to Irish Companies Registered until 2023

By Andrew Lambe, 7th May 2020. (Originally posted 3rd January 2012 and updated annually since) The Irish Revenue Commissioners have recently announced that the 3 Year Irish Tax Exemption for Start-up Companies has been extended to companies registered in Ireland until 31 December 2020. The scheme which provides relief from corporation tax on the trading income […]