How to Set Up Your Limited Company as an MNC Contractor in Ireland

Setting up correctly from day one saves tax, time, and stress. Here’s the essential sequence we use with contractors entering MNC projects.

1) Incorporation & Registers

• Company name, constitution, registered office.
• Director & PSC registers; statutory records and share issue.

2) Tax & Payroll

• Register for Corporation Tax, VAT (if applicable), and PAYE for director payroll.
• Set a predictable salary + quarterly dividend policy based on profits and cash.

3) Banking & Controls

• Dedicated business account; separate personal funds 100% of the time.
• Implement expense policy: mileage, subsistence, professional fees.

4) Contracts & Invoicing

• Scope, deliverables, and client onboarding forms (POs, vendor setup, insurance).
• Invoice cadence aligned to timesheets; credit control SOP.

5) VAT & Cross‑Border

• Assess place‑of‑supply; understand reverse charge and EC Sales Lists where needed.
• If work is partly abroad, review PE risk and social security (A1).

6) Quarterly Finance Rhythm

• Forecast tax, pension extraction, and cash runway; review day rate vs. market.

Our Single‑Tier Compliance Package builds these steps into your routine, with quarterly CFO check‑ins and an annual strategic tax review.

Book a fit call for the next intake.