Frequently asked questions
If you are starting a new business, you are bound to have a lot of questions. Especially if you have not done it before. We have answered a few of the questions we get asked most often to help make your life a little easier.
Am I ready to set up a company?
Yes, definitely! Registering a company might seem an intimidating process, but it is actually much simpler than you think: especially in the hands of seasoned company registration agents like us. We will not only help you with registering a company but offer a range of services to support your business at all stages of its life. We will help you sort out your company registrations, with a process so quick and easy you can go ahead and focus on the fun bits.
What type of company should I register?
A Private Limited Company is the best company structure. The company is set up as a separate legal entity which is owned by shareholders. If the business runs into trouble the amount that shareholders are liable for is limited to the value of any investment they have made in the shares of the company. Any profits made belong to the company and can either be reinvested in the company or passed onto the shareholders using dividend payments. The company cannot sell shares to the general public.
How long does it take to register a company?
It will take around 7 – 9 working days. However, this depends on how quickly Companies Registry is able to process the company.