|The benefit of trading through an Irish Limited Company has never been greater. The advantages of structuring your business in this way are:
Limited Liability...this protects your personal assets should things go wrong!
Low Irish tax rates...only 12.5% on all trading profits.
Improved cash flow...due to the lower tax rates.
Higher pension fund contribution levels.
Option to rent your premises to the company.
Extra funds can be reinvested in the company and may earn a greater return than alternative investments.
Choice over how and when you pay yourself...a self-employed businessperson's profit is taxed on them personally irrespective of how much money they take out of the business.