
The industry for
hair salons in Ireland is well developed, especially in the large cities of the country. Foreign investors who want to
open a company in Ireland as a
hair salon should know that their interests are represented on the local market by the
Irish Hairdressers Federation, which provides support on the trade and the employment in the sector.
In terms of
taxation,
companies operating in Ireland as
hair salons benefit from a
reduced value added tax (VAT) rate, imposed at the
rate of 9%, as prescribed by the
Value Added Tax Consolidation Act 2010. Foreign businessmen can receive advice on the
tax scheme applicable to
hair salons from
our team of specialists in company formation in Ireland, who can also advise on the
registration requirements imposed for this activity.
Necessary compliance regulations for Irish hair salons
After all the procedures related to
company formation in Ireland are completed, the owners of a
hair salon will be required to
comply with additional requirements that are specific for this business activity.
Our team of consultants in
Ireland company formation matters
can assist on the below mentioned aspects that have to be completed by any
hair salon registered here:
-
• comply with the health and safety requirements imposed by the Irish legislation;
-
• accommodate the premises of the hair salon in a manner that could meet the needs of persons with disabilities;
-
• obtain specific business licenses, such as the Fire Safety Certificate, as per the provisions of the Building Regulations;
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• obtain relevant insurance for the premises and register the employees for social security.
If you need assistance, our agents can also help you register the business name as a
trademark in Ireland.
Why invest in a hair salon in Ireland?
Opening a hair salon in Ireland can be an attractive idea, considering that the industry (which also takes into consideration spa businesses) contributes to the Irish economy with EUR 540 million on a yearly basis. With a population of less than 5 million citizens, Ireland has approximately 4,000 salons, which register a total of 7,2 million bookings each year.
Another way to
start a business as a
hair salon is by
purchasing a company operating in this industry that is
available for sale. The prices of
hair salons available for
sale in Ireland range between
EUR 20,000 – EUR 40,000 and businessmen can
contact our team of Ireland company formation experts for assistance on this matter.