John Dewey
Registered User
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- 4
Planning to set up an Irish business as follows:
Director B wants to provide non-directorship services (mostly internet marketing) to the Irish business through a wholly-owned pre-existing company registered in his EU country of residence. He is the sole employee of his company.
The plan is:
- Two non-resident (but EU resident in two countries) directors
- Director A: mostly dealing with finance, systems, procedures
- Director B: jack-of-all-trades
Director B wants to provide non-directorship services (mostly internet marketing) to the Irish business through a wholly-owned pre-existing company registered in his EU country of residence. He is the sole employee of his company.
The plan is:
- Set up both directors on a directorship contract (say for €6K a year), paid via PAYE
- Set up a consultancy agreement with Director B's company (say for €40K a year), paid gross
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