Navigating VAT compliance in Ireland involves keeping good records, getting your calculations right, and filing your VAT returns on time. As your business scales, transitioning from registration to the regular filing of VAT returns is a critical component of corporate…
Ireland is business-friendly, but there are steps you need to follow when setting up a new company. There are also Irish company formation best practices that will make the process as smooth as possible. We are going to look at…
Business restructuring is a necessary and/or preferred course of action in a range of situations. This includes overcoming financial challenges, mitigating risks, and dealing with operational issues. Separating assets or business divisions is another reason, as is making the structure…
Management buyouts are well-established in Ireland’s M&A landscape. They are an attractive option in many situations as they involve the ownership of the business transferring to a team that is familiar with its operations, personnel, customers, opportunities, and risks. However,…
Due diligence is a detailed assessment of a company, including its finances, operations, legal compliance, management, and reputation. It's a process that informs decision-making, but at its core, it is about risk management. In other words, the due diligence process…
Getting to the stage of hiring employees is an important milestone for any business. It also adds a huge administrative and compliance burden, as the rules around payroll and paying employees are both complex and strict. This guide will give…
All companies in Ireland must prepare annual financial statements. It's a statutory requirement to file those financial statements with the Companies Registration Office (CRO) along with your Annual Return. For many companies, there is also a statutory requirement for annual…
Mergers and acquisitions are never the same, as there are a multitude of variables involved. That said, there are typically nine broad stages that apply in most merger or acquisition transactions. In this blog, we will give an overview of…
Bookkeeping is an administrative/accounting task that ensures you know what your business has earned, what you have spent, who owes you money, and who you owe, including the Revenue. This makes bookkeeping an essential task for running your business. Bookkeeping…
Preliminary corporation tax is an area of the Irish tax system that generates a lot of questions. We are often asked what preliminary corporation tax is and when is it due. In this blog, we’ll explain all the rules around…