Short description of your business including: type of goods/services provided, clients, suppliers and distribution channels.
Contract with a prospective client, commercial agreement, letter of intent from a client willing to purchase goods/services from your company.
Proof of trading: sample of sales invoices or high value purchase invoices for start-up expenditure incurred by your company.
In many cases, companies elect to register for VAT to ensure the business looks professional and legitimate. Also, if your customers and/or suppliers are based in the EU, they are likely to request your VAT number when dealing with your company.
Companies who have a business established in the State should complete the VAT registration using eRegistration in Revenue Online System (ROS). To use eRegistration you must be registered for Revenue Online Service (ROS). eRegistration facility allows you to manage your registrations online. If you submit a paper application when you should have submitted an online application, it will not be processed. The paper copy will be returned to you with an instruction to complete the registration process through ROS.
Following the registration, you will be given a VAT Number to use when trading and filing your tax returns.If you have set up a company but have yet to supply taxable goods or services, you may reclaim VAT on your start-up costs.
However, to do so you are required to register for VAT. This will enable you to obtain credit for VAT on purchases made before trading begins.
Traders whose turnover is below the VAT thresholds, are not generally obliged to register for VAT. They may, however, elect to register for VAT to reclaim VAT on purchase made before trading begins, for example cost of expensive machinery or equipment, professional services like legal and accountancy, advertising, etc.
Unit 3G North Point House
North Point Business Park
Mallow Road, Cork
Ireland
info@proxima.ie
021 237 30 87
Company Registration No: 613314
Revenue Tax Agent No: 76472U
CRO Electronic Filing Agent No: 613314C