Hi.. Im soon setting up a company which will be selling health products online to Ireland and UK. Products will be manufactured abroad and stored/dispatched from distribution company based in Ireland. I will also supply Irish health stores from distribution company.
My question: Is it possible to register a company outside Ireland to avail of lower tax allowances?
Being registered outside Ireland would enable the company to invoice (health stores for example) vat free, freeing up their initial 21% vat outlay.
Would appreciate peoples thoughts/experience on this.
By the way I run another company and pay my taxes here. If I am to go with this new product I need to keep tax liabilities to a minium.
TIA