As an Irish Chartered Accountant, I want to guide you through the essential next steps after
obtaining your Certificate of Incorporation from the Companies Registration Office (CRO).

Step 1: Register with the Register of Beneficial Ownership (RBO)

You must register your company with the Register of Beneficial Ownership (RBO) by
declaring the actual beneficial owners. This is a mandatory step, and failure to comply will
prevent you from opening a business bank account.

Step 2: Apply for a Tax Registration Number (TRN) with Revenue

Your Tax Registration Number (TRN) serves as your Corporation Tax Number. You must
obtain this before registering for additional tax obligations such as VAT and employer tax.

Step 3: Open a Business Bank Account

Once registered, you’ll need a Euro business bank account. Clients have had success
with the following options:

• SumUp Business Account
• Wise Business Account

Step 4: Register for Revenue Online Services (ROS)

It is essential to register your company with Revenue Online Services (ROS). Without ROS
access, you cannot file taxes with Revenue, which may result in compliance issues.

Step 5: First Annual Return Filing (Important Deadline!)

Despite the name, the First Annual Return is due within six months of incorporation,
not annually. Missing this deadline can lead to penalties, so ensure it is filed on time.

By following these steps, you’ll be on the right track to successfully setting up your business
in Ireland. Let me know if you need further assistance!

Feel free to reach out to me, Amit Bansal, Partner at Accountants For Good (AFG) for a 45
minute no obligation phone chat.

I am an Irish registered FCA Chartered Accountant with an Irish Practicing licence.

My Linkedin is here https://www.linkedin.com/in/amitkbansal4747/

You can schedule a phone chat with me here

https://calendly.com/accountantsforgood/60min?month=2025-02