Company in Ireland for ecommerce?

[banafinfodafuggiano]

I live outside Europe, I'm a EU citizen.


1) Am I able to open a company in Ireland if I provide them with my local spanish bank statement and ID?

2) will Ireland withold any extra tax on top of the 12.5 corporate tax, since they presume I'm a Spain Resident? (I'm not)

3) will the company have to pay payroll tax or not since I'm not an Ireland resident? only pay corporate tax in Ireland and that's it?

 

[TheCryptoAnt]

Why not an UK LTD? Assuming you need access to EU Stripe and EMIs

Tell us where u live and well be able to give u better answers. Is it Spain?

 

[Sols]

1) Am I able to open a company in Ireland if I provide them with my local spanish bank statement and ID?

There must be at least one EU/EEA resident director. As long as you satisfy that, you're fine.

2) will Ireland withold any extra tax on top of the 12.5 corporate tax, since they presume I'm a Spain Resident? (I'm not)

You may be hit with the 25% CIT instead if your operations are entirely outside of Ireland.

3) will the company have to pay payroll tax or not since I'm not an Ireland resident? only pay corporate tax in Ireland and that's it?

Payroll taxes and similar taxes would not ordinarily apply if you are a non-resident receiving dividends.

 

[banafinfodafuggiano]

Why not an UK LTD? Assuming you need access to EU Stripe and EMIs

Tell us where u live and well be able to give u better answers. Is it Spain?

UK LTD has 25% corporation tax, ireland half (12.5%).

i was looking for a company able to process all yearly payments, pay corporate tax, then send to my self a whole Dividend with all profits.

There must be at least one EU/EEA resident director. As long as you satisfy that, you're fine.


You may be hit with the 25% CIT instead if your operations are entirely outside of Ireland.


Payroll taxes and similar taxes would not ordinarily apply if you are a non-resident receiving dividends.

If I have let's say 5% of customers within Ireland, and 95% from the UK/USA, will I still be able to get charged 12.5% corporate tax? is it worth trying?



okay, so salary is not possible to pay it out? only dividends ?

 

[Sols]

If I have let's say 5% of customers within Ireland, and 95% from the UK/USA, will I still be able to get charged 12.5% corporate tax? is it worth trying?

It's not about where the customers are based. It's where operations take place.

Ireland has written laws specifically against what you want to do. They don't want companies like yours. Pick another jurisdiction.

 

[TheCryptoAnt]

UK LTD has 25% corporation tax, ireland half (12.5%).

They can be 0 tax, search a bit around the forum.

 

[stronco]

>There must be at least one EU/EEA resident director. As long as you satisfy that, you're fine.

Can pay a bond (iirc about 2k) if this condition can't be met.

 

[banafinfodafuggiano]

They can be 0 tax, search a bit around the forum.

Oh nice, how is that achieved? do you have any reference links?

It's not about where the customers are based. It's where operations take place.

Ireland has written laws specifically against what you want to do. They don't want companies like yours. Pick another jurisdiction.

Okay so Ireland is not a possibility when working from outside Ireland? isnt' there any other way around this?
they have good banking, low taxes and accepted by all payment gateways...

 

[Sols]

Okay so Ireland is not a possibility when working from outside Ireland? isnt' there any other way around this?

You can, but you end up paying 25% CIT instead of 12.50%. To get to 12.50%, you need to have a presence in Ireland.

they have good banking,

And chances are that none of those banks will accept you, unless you have a meaningful presence in Ireland.

low taxes

You can get 12.50% in Cyprus, and 5% in Malta. Both of which cater better to non-residents.

and accepted by all payment gateways...

Same as any other EU member state in most cases.

 

[TheCryptoAnt]

Oh nice, how is that achieved? do you have any reference links?

search in this forum, its very easy to get it