Limited companies are an excellent way for businesses to protect themselves from liability. They can enjoy certain tax benefits and limited responsibilities, which means that they don’t have as much responsibility or risk if something goes wrong with their business.
Get all the accounting Support you need for your limited company.
Limited companies are beneficial for businesses with many shareholders and an active board. They offer privacy, contract-making power (even though it’s limited), protection from liability if there is a business accident or fraud; all this means that the risk of going into public ownership decreases significantly! Setting up a limited company can help you manage your obligations, but before doing so, make sure it’s the right option for what type of business and with who.
incorporating your business pros and cons
Advantages
- Protects personal assets from business debts
- Attracts investors by reducing risk
- Enhances professional image
- Simplifies ownership transfers
- Provides financial security, especially for high-risk ventures
- Opens new opportunities
- Facilitates long-term business growth
Disadvantages
- Higher costs for setup, accounting, and taxes
- Reduced privacy due to public filings
- Stricter rules on expenditures
- Inability to use company losses personally
- Potential audit requirements for larger firms
We offer tailored consultations to assess your business needs and risks. Our analysis will help you decide between a limited company or sole trader, identify optimal tax strategies, and suggest ways to minimise commercial risks. Let us guide you through these important decisions to position your business for success.
Our firm serves a wide variety of Irish businesses, offering comprehensive services for limited companies. We handle statutory accounts, tax returns, abbreviated accounts, annual returns, director’s payroll and self-assessment, VAT monitoring and returns. Our expertise ensures your company’s financial management and regulatory compliance are well-managed, allowing you to focus on core business operations.
Get help with our three easy steps
1
Get in touch
We offer free initial consultations to ensure you receive proper financial guidance. Meet one of our accountants in person or via video call at your convenience. This no-obligation discussion helps us understand your needs and demonstrate our expertise.
2
Talk to an expert
Our firm is committed to driving your business growth. We provide a comprehensive range of support services tailored to suit different company types and sizes. From start-ups to established firms, our bespoke approach ensures you receive the most effective assistance.
3
Get a quote
Our pricing philosophy centres on transparency and fairness. We offer bespoke, fixed-fee packages tailored to each client’s unique requirements. This approach ensures you invest solely in the services and support essential to your business, avoiding unnecessary costs whilst receiving precisely the assistance you need.
Our simple process makes it easy to switch
Changing accountants carries no tax implications and can be done at any point during the year.
Our experienced team will provide comprehensive guidance throughout the process, ensuring a seamless and efficient shift. We’re committed to facilitating a smooth transition, minimising any disruption to your business operations.
Ready to get Started?
We understand the demands on your time, which is why we offer flexible appointment options to suit your schedule.
Our team is committed to accommodating your needs, whether early morning or evening consultations. To take the next step, why not book a video call with our senior accountant, Barry? He’ll be delighted to discuss your requirements and how we can best support your business goals.
