FAQs

Company formation and bookkeeping FAQs

Straight answers to the questions we hear every week — from first-time founders, non-resident directors and Wexford business owners. Can't see your question? Call us on 083 038 0096 or email hello@abbeyblueformations.ie.

FAQs

Starting a company in Ireland

How do I register a company in Ireland?

Choose a package (or price your own setup with our Formation Calculator), check your name with our free name check, and send us your director, shareholder and address details online. We prepare your constitution and file the application with the Companies Registration Office (CRO). Once approved, you receive your certificate of incorporation, constitution and share certificates digitally.

How long does it take to set up a company?

Most companies are incorporated within 5–10 working days of the CRO receiving correctly completed documents. The CRO sets its own processing times, so we can't guarantee a date. If you need to trade immediately, a shelf company is available straight away.

What information do I need to provide?

Your proposed company name, a short description of the business, the registered office address, and for each director and shareholder: full name, date of birth, residential address, occupation, nationality and PPS number (or an IPN/VIF if they don't have one). We also need proof of ID and address to meet our anti-money-laundering obligations.

Should I set up as a sole trader or a limited company?

A sole trader is simpler and cheaper to run, but you are personally liable for business debts and pay income tax on all profits. A limited company protects your personal assets and pays 12.5% corporation tax on trading profits, but has more filing obligations. Read our sole trader vs limited company guide or request a call and we'll talk it through.

What type of company should I form?

Most small businesses form a private company limited by shares (LTD). A designated activity company (DAC) suits businesses that need a restricted objects clause, such as some regulated firms. A company limited by guarantee (CLG) suits clubs, charities and not-for-profits. If you're unsure, tell us what the business does and we'll recommend the right structure.

Can I check if my company name is available?

Yes — use our free company name check. The CRO can refuse names that are identical or too similar to an existing company, or that suggest state sponsorship. We check this before filing so your application isn't rejected.

FAQs

Prices and packages

How much does it cost to set up a company in Ireland?

A standalone company formation starts from €99 + VAT. Our packages start at €279 + VAT (Growth), €379 + VAT (Premium) and €579 + VAT (Ultimate). The CRO filing fee is included in every price — there's nothing extra to pay the CRO. Use the Formation Calculator to see your exact total.

What's included in each package?

Growth covers your full formation pack (certificate, constitution, share certificates), first 6-month B1 return, company secretary, RBO registration, bank account assistance and VAT registration application. Premium adds an Irish registered office address. Ultimate adds a one-month free trial of our Start bookkeeping plan. Compare packages.

Are there any hidden fees?

No. Package prices are fixed and include the CRO fee. Ongoing services such as the annual company secretary service (€349 + VAT a year) or registered office address (€30 + VAT a month) are only charged if you choose them, and we tell you the price up front.

What does a shelf company cost?

A ready-made shelf company is €549 + VAT. The price includes changing the registered address, director and secretary and updating the RBO. Registered office and company secretary services are not included and can be added. See shelf companies.

Do you charge VAT?

Yes. Prices on our site are shown excluding VAT unless stated, and VAT at 23% is added at checkout.

FAQs

Directors, non-residents and shelf companies

How many directors does an Irish company need?

An LTD can have just one director, but it must also have a company secretary who is a different person (or a corporate secretary). Most other company types need at least two directors. Every director must be at least 18. Our packages include a company secretary, so a single founder can form a company on their own.

Does a director need to live in Ireland?

No, but at least one director must be resident in the European Economic Area (EEA). If none is, the company needs either a Section 137 non-resident director bond or a certificate showing a real and continuous economic link to Ireland. We arrange this as part of our non-resident formation service.

Can I form an Irish company if I live outside Ireland?

Yes. We regularly form companies for founders in the UK, the EU, the US and further afield, fully online. Our non-resident service covers the formation, the Section 137 bond where needed, an Irish registered office address and the company secretary.

What if a director doesn't have a PPS number?

Every director needs a PPS number or an Identified Person Number (IPN). Directors without a PPS number apply for an IPN using a Verification of Identity (VIF) form. We handle the VIF/IPN application for you — it typically takes around 6 working days.

What is a shelf company and why would I buy one?

A shelf company is a company we incorporated earlier and kept dormant. Buying one lets you trade under a limited company straight away, skip the CRO wait, and show an older incorporation date, which some tenders and banks prefer. We transfer it into your name and update the CRO and RBO records.

FAQs

After incorporation: CRO, RBO, tax and annual returns

What do I need to do after my company is formed?

The main steps are: open a business bank account, register for tax with Revenue, file your beneficial owners with the RBO within 5 months, and keep proper books from day one. Our packages cover the RBO filing, VAT registration application and bank account assistance, so most of this is done for you. See our first-year compliance calendar.

What is the RBO and when must I file?

The Register of Beneficial Ownership (RBO) records the people who ultimately own or control the company — generally anyone holding more than 25%. Every new company must file within 5 months of incorporation. Missing it is an offence and can stop banks opening your account. RBO filing guide.

When is my first annual return due?

Your first annual return (form B1) is due six months after incorporation and doesn't need accounts. After that it's due every year on your annual return date, with financial statements attached. Late filing costs €100 plus €3 a day (up to €1,200), and filing late twice within five years costs the company its audit exemption for two years. All our packages include the first 6-month B1.

Do I need to register for VAT?

You must register once turnover exceeds, or is likely to exceed, €42,500 a year for services or €85,000 for goods. You can register voluntarily below that — useful if your customers are VAT-registered businesses or you want to reclaim VAT on start-up costs. All our packages include the VAT registration application.

What is a registered office and do I need one?

Every Irish company must have a registered office address in Ireland, where the CRO and Revenue send official post. It appears on the public register, so many owners use ours instead of their home address. Our Wexford registered office service is €30 + VAT a month and is included in Premium and Ultimate.

What does a company secretary do?

The company secretary keeps the statutory registers, prepares minutes and resolutions, and makes sure CRO filings are made on time. Our company secretary service handles all of this and reminds you before every deadline.

How do I close a company I no longer need?

A solvent company with no debts can usually be closed through voluntary strike-off with the CRO, once its returns and tax affairs are up to date. We handle the full process. Voluntary strike-off guide.

FAQs

Bookkeeping and accounts

Do you offer bookkeeping as well as company formation?

Yes. Formation and bookkeeping are two equal parts of what we do, so you can set up your company and have your books kept by the same Wexford team from day one. See bookkeeping packages.

How much does bookkeeping cost?

Our monthly plans are Start at €199 + VAT (up to 10 transactions a month, for low-activity companies), Grow at €299 + VAT (up to 20 transactions, includes VAT3 returns and year-end accounts) and Scale at €399 + VAT (up to 40 transactions, includes full small-company accounts and ERR reporting).

What's included in a bookkeeping plan?

Every plan includes bookkeeping, payroll, the first 6-month CRO B1 and your annual Revenue returns (Form 46G and RTD). Grow and Scale add VAT3 returns, year-end accounts and your CT1 corporation tax return. Scale adds Revenue ERR reporting for expenses and benefits.

Do you do payroll on its own?

Payroll is included in our bookkeeping plans — up to 2, 4 or 6 employees depending on the plan — rather than sold as a separate service. Request a call if you have a larger team.

Do you work with sole traders and partnerships?

Yes. Sole traders and partnerships usually need a yearly plan covering their income tax return, while limited companies tend to need monthly bookkeeping, VAT and payroll. Tell us how you trade and we'll recommend the right option.

Are you based in Wexford?

Yes — our office is at 49 North Main Street, Wexford Town, Y35 YT44. Wexford businesses can meet us in person; everyone else works with us fully online.

FAQs

About Abbey Blue Formations

Are you regulated?

Yes. Abbey Blue Formations is an authorised Trust and Company Service Provider (TCSP), regulated by the Department of Justice, Ireland. That's a legal requirement for anyone who forms companies or acts as company secretary for others.

Are you part of the Companies Registration Office?

No. We're a private company and are not affiliated with the CRO or any government body. We prepare and file your documents with the CRO on your behalf for a fee, and make sure they're right first time.

Is Abbey Blue Formations the same as Abbey Blue Group?

Abbey Blue Formations is the company formation, company secretarial and bookkeeping business. Other Abbey Blue businesses provide separate services. For anything about forming or running a company, or keeping its books, you're in the right place.

How do I get started or ask a question?

Price your setup with the Formation Calculator, check your name with our free name check, or request a call. You can also phone 083 038 0096 or email hello@abbeyblueformations.ie.

Still have a question?

Talk to our Wexford team about forming your company or keeping its books. Fixed prices, agreed upfront.

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