A Personal Limited Company is a company that is owned by you, giving you the legal protection against any personal liability. Unlike an Umbrella Limited Company, you are the one who fully owns the company.
Establishing and setting up a Personal Limited Company is suitable to long-term contractors, especially those who wish to establish a company in their own name. It is also suitable for those who wish to pursue other business-related interests that have multiple sources of income. We at Vian Outsourced Accounting Services takes Personal accounting outsourcing from UK and Ireland.
Why prefer a Personal Limited Company?
Payment of Class S PRSI contributions
Claim tax relief on business expenses
Greater flexibility to manage and control accounts
24/7 secure access to your personal account
Unlimited access to free Wealth Management advise
Direct access to qualified accountants for all Personal Limited Company related matters
Copy of Photo ID for both Directors
Proof of Address for both Directors
Copy of Utility Bill/Lease/Official Correspondence
P45 (if worked this year)
For Non EU Citizens, copy of work permit or visa
Stamp 4 visa is the minimum requirement