How To Start A Business

Are you planning to set up a business in Ireland

? If so, it might be helpful to know about some issues that you need to consider. There are some supports and regulations that may apply to you depending on your condition. You might be someone with a full time job, unemployed, or a foreigner who is interested to start a business in Ireland. Here are some tips that might help you out in your venture.

If you are unemployed, you may be qualified to apply for an allowance scheme known as Back to Work Enterprise Allowance Scheme. This will allow you to keep a certain part of your social welfare compensation for 2 years. If you want to start a business in Ireland, you may also have other supports from the said scheme like allowance for training, research and loans to purchase business equipment.

If you are a foreigner of Ireland and you live within the European Economic Area or Switzerland, there is no need for you to obtain a permit in setting up a business in Ireland. However, if you are not an EEA national, you are required to obtain permission to set up a business. This permission can be granted to you by the Minister for Justice, Equality and Law Reform.

If you are self-employed and you are planning to recruit people for your new business in Ireland, you must be aware of your obligations and responsibilities as an employer as well as know the rights of your employees. There are certain laws concerning minimum wage, health and safety, leave and social insurance that need considerations and careful planning.

by: Gary McGeown

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