Hi all
I'm UK PAYE and have been living in there for the past 7 months, travelling back home to Ireland whenever I get a chance. I want to continue in my line of work Mechanical Engineering Consultancy but become a sub contractor to my current employer. So I'm basically selling my time and experience, no employees or materials etc.
This would give me more flexibility and I think I can increase income by making the operation more efficient. I'm paying about £650 rent on an apartment in the UK which I intend to keep on and have a UK bank account.
At present the company has a lot of work and has problems finding skilled and experienced staff to service its clients. I want to put my proposal to my company and to make things as easy as possible for them to agree things such as invoicing would be in £ not €. I can appoint another UK director to comply with legislation if I decide to set up a UK company.
I'm clear in that I want to set up a limited company but should I set this company up in UK or Ireland. What are the advantages,disadvantages and relative merits of either option?
Any advice much appreciated.
I'm UK PAYE and have been living in there for the past 7 months, travelling back home to Ireland whenever I get a chance. I want to continue in my line of work Mechanical Engineering Consultancy but become a sub contractor to my current employer. So I'm basically selling my time and experience, no employees or materials etc.
This would give me more flexibility and I think I can increase income by making the operation more efficient. I'm paying about £650 rent on an apartment in the UK which I intend to keep on and have a UK bank account.
At present the company has a lot of work and has problems finding skilled and experienced staff to service its clients. I want to put my proposal to my company and to make things as easy as possible for them to agree things such as invoicing would be in £ not €. I can appoint another UK director to comply with legislation if I decide to set up a UK company.
I'm clear in that I want to set up a limited company but should I set this company up in UK or Ireland. What are the advantages,disadvantages and relative merits of either option?
Any advice much appreciated.