In today's video we're discussing the decision as to whether you should operate your business as a sole trader or a company in Ireland. The distinction between the two is very important, particularly for tax reasons, and understanding the differences is critical for every business owner.
However, getting your hands on information that's accessible and easy to understand can be challenging, and oftentimes the various terminologies and concepts can lead to headaches.
By watching this video you'll gain an understanding of the differences between a sole trader and a company, the various tax implications associated with both legal structures and what you should consider when making the decision as to which legal structure is best for your business.
If you enjoy the video, or have any questions/feedback, let me know in the comments section! Leave a like on a video, subscribe to the channel and I'll see you in the next one!
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DISCLAIMER: The information provided in this video is for educational and entertainment purposes only and is not intended to constitute advice. I do not recommend acting on the basis of this video alone, nor should you act upon the sole opinion of any individual on the internet before doing further research and/or contacting a professional advisor.
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Music performed, recorded and produced in Dublin, Ireland by Ben O'Neill and myself
Sole Trader or Limited Company? (Ireland 2023)
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