Setting up a company in Ireland and what books to keep
For a limited company in Ireland, you need a director, and a secretary
How to set up a company and bookkeeping
When you are setting up a limited company in Ireland, you need a director and a company secretary. The company secretary has to be a seperate legal person, but it can be a limited company.
Usually at least one of these people is the shareholder, and often each of them has a shareholding. You will need to agree on the main aim of the company, and also where the registered office so that you can receive all official postage.
Once you are up and running, you will need to open a bank account for the company. You will then need to register for taxes and start to keep proper books and records. To do this we advise that you send us details of all your transactions regularly.
We have experience with all bookkeeping packages used by small to medium sized businesses in Ireland. We can advise you precisely on costs of purchasing a package if you want to manage your own data, and later on costs of using the package in terms of time taken to process transactions.
We advise that you move to a cloud-based accounts package if you haven’t done so already, to save time on bookkeeping and answering questions from us.