Registering a company in the IE with VAT number: Irish tax law stipulates that there are certain thresholds or criteria that must be met by a limited company before it is obliged to register for VAT. Where €75,000 turnover is exceeded or likely to be exceeded by a company's sales of goods, that business should then register for VAT. If the private company delivers services, or goods that have been manufactured from zero-rated materials, the threshold is €37,500.
Those provate companies that supply both goods and services, but where the supply of goods constitutes 90% or more of the turnover, should become VAT registered at the point when its turnover exceeds €75,000. Where a limited company receives intra-community supplies for business purposes, the tax threshold for VAT registration is €41,000.
Foreign traders distance selling goods to ordinary customers in the South of Ireland must become VAT registered in ROI if they exceed €35,000 in sales. Anyone supplying goods and services to Ireland, if they are not established in the country has to be VAT registered, whatever the level of their turnover. Anyone receiving services from abroad - for business purposes - must register, whatever their turnover.
Additionally, any non-EU business that supplies electronic goods to private customers in Ireland must register for VAT, whatever their turnover. You can also choose to be registered for VAT, even if your turnover does not exceed any of the stated levels.
How we can assist you with a Irish company formation and VAT registration in Republic of Ireland: Coddan belongs to the Company's Registration Office (CRO) A1 online scheme, so if you wish to register Irish private company through our services, we can guarantee you will have the certificate of incorporation within 5 working days of submission.