Auto parts businesses in Ireland are
companies which sell on the local market
auto parts and similar products designed for the
automotive industry. Businessmen who want to
open a company in Ireland in the automotive industry may set up an
auto parts business, as it can provide numerous opportunities, due to the large size of this industry.
Our team of Irish company formation agents can offer in-depth assistanc e on the registration on this type of business.
Register a company in Ireland
Any
company operating in Ireland as an
auto parts business is required to complete a set of legal steps related to its
incorporation. The procedure will generally refer at the registration of the
company’s business name, the registration of the legal entity,
setting up a corporate bank account and the registration for taxation purposes.
Investors interested in
Irish company formation should know that the procedure will start at the
Companies Registration Office (CRO), the main institution handling the
registration of all companies in Ireland, regardless of their legal entity. This is applicable to all business activities, including for
auto parts companies.
It is important to know that
companies operating as
sole traders are also required to
register with the CRO. However, it is important to know that most of the
companies operating in Ireland are registered as
limited liability companies, due to the advantages applicable to the
company’s shareholders.
Also, investors must know that in a company registered as a
sole proprietorship, the
company’s founder will be personally liable for any debts incurred by the business, as there is no legal distinction between the founder and the
company;
our team of Ireland company formation representatives can offer more details on this aspect.
Car parts businesses in Ireland
When
opening a car parts business, the procedure of
company registration in Ireland will need to be concluded following the above mentioned steps.
Companies operating in this field of activity are also required to
obtain special licenses and permits for their specific operations. For example, the
car parts provided by such
companies are required to respect various
quality standards.
As a general rule, companies operating as car parts businesses will provide the following products:
• car parts – which can refer to any part of a car;
• accessories for the interior or exterior of the vehicle;
• batteries;
• tools;
• oils.