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]

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 receiving︀ dividends.

 

[banafinfodafuggiano]

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.

If I have let's say 5% of customers within︂ 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 it︄ out? only dividends ?

 

[Sols]

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]

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]

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

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]

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.

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

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

Same as any other EU member state in most︁ cases.

 

[TheCryptoAnt]

search in this forum, its very easy to get it