Irish Tax Exemption for Start Up Companies
The exemption from corporation tax and capital gains tax for certain trading start up companies in 2009, has been extended to new start ups companies which commence trading in 2010. The exemption applies for three years and is subject to certain anti-avoidance provisions.
The tax relief does not apply to professional service companies
OP, what were you doing prior to setting up the company? Were you self employed, or working on payroll somewhere?
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