Hi 1. My understanding of the tax issues of working abroad: "Income from an employment, the duties of which are carried on abroad," is exempt from income tax. Therefore If I set up a company abroad, that might be construed as a close company, and live in said country, the salary I earn is not subject to Irish tax. Q1. Is this correct? This law seems to apply to someone that goes to work for a foreign company, rather than someone that goes to work for themselves abroad. Does it also apply if you set up a close company. I believe it does, because the law also says that income earned from a trade or profession is also exempt. 2. You move abroad, you set up a close company. You begin, from scratch, developing a software product. Said product becomes successful. A company contacts you and wishes to buy the rights to the product. They pay your foreign close company $X million. Instead of your close company paying you a $X million dividend, they pay you a salary of $X million. Q2. Is this still exempt from tax as per Q1? Dividends and capital gains are taxable if the company is a close company. I asked the second part before, but the answer has repercussions for the first part as well. The law seems to treat a close company as if you were a sole trader, therefore income and dividends are all the same, meaning I cannot set up a company abroad without having to constantly deal with Irish revenue even thought I am no longer living in Ireland. Also the law on revenue's website seems to relate to a bricks and mortar property(house). Your answer may be, you need to consult a solicitor. The reason I ask, is to check if I am missing something obvious. If not, then I would proceed to consult a specialist.