A limited company is a company owned by you, giving you legal protection against any personal liability while contracting. Unlike an Umbrella Company, you fully own the company. Setting up a Limited Company is most suitable to long term contractors who wish to establish a company in their own name or for professionals who wish to pursue related business interests.
Why choose a Personal Limited Company?
Payment of class S PRSI contributions.
Greater flexibility to manage and control accounts when compared to an Umbrella Company.
Claim tax relief on business expenses to increase your take home pay.