1. Test the idea, make a business plan and choose the right legal structure

Official source: www.localenterprise.ie

2. Register the company or, if you trade under a different business name, register that business name with the CRO

A business name used by an individual, partnership or company instead of the legal name must be registered with the CRO within 1 month of adopting it. CRO currently lists a €20 electronic / €40 paper filing fee for a new business name.

Official source: cro.ie

3. Register for the taxes that apply and set up Revenue online filing

Revenue requires tax registration when you become a sole trader, set up a trust/partnership or start a company. Sole traders need a PPSN; once registered, returns and payments are generally handled through ROS as required.

Official source: www.revenue.ie

4. Check VAT thresholds and register for Employer PAYE before paying employees

The principal VAT thresholds are currently €42,500 for services and €85,000 for goods (with specific rules for mixed supplies and cross-border/distance sales). If you hire an employee, register as an employer before paying them and report pay/deductions on or before the payment date.

Official source: www.revenue.ie

5. Check licences, planning permission and local-authority rules for the activity and premises

Official source: www.gov.ie

6. Arrange banking, invoices, data protection and suitable insurance

Official source: www.dataprotection.ie

7. Complete employment, workplace safety and pension duties before hiring

Official source: www.workplacerelations.ie