Register a limited partnership in the Republic of Ireland with the tax office: If you're planning on setting up a limited partnership in the Republic of Ireland, you will need to register it with the tax office. Proper registration of limited partnerships is always vital to make sure you are on the right side of the law and can run your business smoothly from the outset.
Register an Irish limited partnership with the tax office: as a business in Ireland, it's essential that you pay the appropriate taxes. In order to ensure this as a newly formed limited partnership, you should advise the tax office through an agent or submit Registration Form TR1 to your local tax office. With the TR1 form, you can register for Value Added Tax, employer's PAYE/PRSI, income tax and relevant contracts tax. However, using an agent is the easiest way for you to register, and it will ensure that you don't miss anything. The agent will notify the tax office through the Revenue Online Service (ROS). You will then be able to use ROS to handle your taxes and information online, wherever you are in the world and at any time.
Upon the registration of most of business entities in the United kingdom, you will require to register information about the person with the significant control, who does not need to be the ultimate beneficiary owner of your business organisation. Anyway, when you set-up a limited partnership in Republic of Ireland, you are exempt from such rules. You do not need to file information about the beneficiary owners or person with the significant control of your business.