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14 Oct 2024Vizualizat: 2460

Sole Trader — Individual Entrepreneur in Ireland

Key Characteristics:

 

1. Single Owner: A Sole Trader in Ireland is a business structure where one person owns and manages the business. The sole trader receives all profits but is also responsible for all costs, debts, and liabilities.

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6 Oct 2024Vizualizat: 1834

Types of Companies

  1. Private Company Limited by Shares (LTD Company)

    — A private limited liability company.
    • Key characteristics: Shareholders are only responsible for the amount they invested in shares.
    • Best for: Suitable for small and medium-sized businesses where shareholders want to protect their personal assets from business risks.
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