SOLE TRADER REGISTRATION
Register a sole trader in Ireland.
Important details
Documents Required
Cost Details
Duration
The steps to register a sole trader with the CRO are:
- Step 1: Data collection
- Step 2: Document verification
- Step 3: Document signing
- Step 4: Get registration certificate
Download the application form below to start registration.
If you would like to understand more, read through.
Download Application Form
Fill in the details, send back via email to admin@tascaccountants.com
Click to DownloadIf you want to operate a one-person business without forming a company, a sole trader is the best option.
This structure is particularly suitable for freelancers, consultants, tradespeople, and small business owners.
Step 1: Data Collection
There are a couple of things that you need to arrange before starting the registration.
- Business name
- Registered business address
These are the details you need to fill in the above application form.
Step 2: Documents Verification
Once the application form is received, an AML compliance secured link will be sent to all of your emails for document collection.
You must upload:
- Copy of your passport
- Copy of your latest address proof.
Once the verification is done, we move to the next step.
Step 3: Document Signing
We will prepare the signature pages and send them to you for review and signatures.
The document must be signed by you and returned to us.
Once we receive this, we will proceed with the final submission to the CRO.
Step 4: Get Certificate of Registration
Normally, within 7-10 working days, your business name will be registered.
You will get the registration certificate via email.
Key Points
- The business is fully owned by one individual.
- No directors, shareholders, or partners are required.
- The owner remains accountable for business liabilities.
- Business profits belong directly to the owner.
- Income is reported through personal tax returns.
- No need to file annual accounts with the CRO.
Details & Documents Required
- You must provide details such as your business name, business activity, and principal business address.
- An Irish business address is required for business name registration.
- Sole traders must register with Revenue for Income Tax purposes.
- Business profits are taxed through the personal income tax system, including USC and PRSI where applicable.
- The business owner is personally liable for all business debts and obligations.
What's After Registration?
- Sole traders must register with Revenue for Income Tax purposes.
- Business profits are taxed through the personal income tax system, including USC and PRSI where applicable
Tax Implications
- Sole traders must register with Revenue for Income Tax purposes.
- Business profits are taxed through the personal income tax system, including USC and PRSI where applicable
Let’s Get You Started!
Once the business is registered, we will give you an onboarding call to explain the key tax obligations and compliance requirements applicable to your business and answer any questions you may have.
What’s Next?
After the onboarding report, our team will complete any additional mandatory registrations for your business.
Let’s Talk
Still have doubts?
Click the whatsapp chat icon in the right corner of your screen to live chat with us. Call us at 087 225 7706 or email: admin@tascaccountants.com.