BUSINESS START UPS
Bernard J Morahan & Co specialises in accounting services, advice, and support for business start-ups. We provide a comprehensive range of business advisory services to small local businesses and to individuals starting a new business.
We have extensive experience of working with professionals, business owners, farmers and companies - business people who would not normally have the benefit of a full-time accountant. Our approach is designed to minimise the amount of time owners and managers spend on accounting and bookkeeping tasks while assisting them with any other business issues which may arise.
Business Consultancy & Advice
Business Start Ups – Frequently Asked Questions
How do I set up a new business?
The first thing you need to do is choose a legal structure – i.e. sole trader, limited company or public company. Then, you will have to register the company with the CRO. Our team can advise you of all the necessary steps to correctly set up your business.
How long does it take to set up a business bank account?
The length of time this takes varies from bank to bank. While you can apply for an online account in less than half an hour, it can take up to four weeks to complete the process of opening a new business bank account.
Can you help with my annual accounts?
Yes, our team of dedicated and qualified accountants can help with all aspects of account preparation from simple profit and loss margins to yearly budgets and tax returns.
What taxes do I have to pay as a new business?
The taxes you pay will depend on the formation of your company. Sole traders pay different taxes to public companies for example. We will advise you of all necessary taxes and help ensure that your business start-up is fully compliant.