Hi
Just trying to understand the process for setting up a new partnership. I have gone to the core website and they give the following question:
Presenter Type?
The following are the allowable answers:
(1) Irish registered company
(2) Business name registered in Ireland
(3) Irish resident individual
(4) CRO registered client
In my case I am trying to setup a partnership with a family member, so just trying to understand which option from the above we should select. I am currently PAYE and my business partner is self-employed(not sure if this matters).
Thanks
Thanks for the response folks
-Just one further question, would you typically submit the TR1 form to revenue before contacting CRO or the other way round.I take it you would only want to register a business name with CRO if the business is not going to take the name of the 2 people involved in the partnership, i.e. John SMith and Paul Jones are in partnership but they want to call their business - Golfing Holidays
Thanks
Registration of a business name is optional
Registration of a business name is obligatory if any individual or partnership (whether composed of individuals or bodies corporate or any combination of both) or any body corporate carries on business under a name other than their own true names. Its purpose is to make public the identities of those individual(s), partnerships or corporate bodies being the legal entity behind the business name.
excuse me?
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