Open a Travel Agency in Ireland
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Transcript of Open a Travel Agency in Ireland
Open a Travel Agency in Ireland
A presentation brought to youby IrelandCompanyFormation.com
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Tourism Industry in Ireland >>
• Tourism is among the most thriving industries in Ireland which is why many foreign investors come to open travel agencies in the country.
• The Government also supports the development of this industry by providing different types of incentives.
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>> Tourism Industry in Ireland
• The Travel Agent's Margin Scheme is a program under which Irish companies can benefit from VAT deductions on services related to tourism.
• You can find out all the relevant information about this subsidy from our specialists in company formation in Ireland.
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Legislation Related to Tourism Services in Ireland
• The main legal framework under which local and foreign investors can set up tourism agencies in Ireland is the Transport Act of 1982.
• The law was amended in 1995 when the Package Holiday and Travel Trade Act was introduced.
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Setting up a Travel Agency in Ireland >>
• The minimum share capital for a limited liability company to start a tourism agency is 25,000 euros.
• Our Irish company formation agents can provide you with information about the different requirements for all types of business entities registering as tourism agencies.
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>> Setting up a Travel Agency in Ireland
• The first step towards opening a travel agency is to register the company with the Companies Registration Office in Ireland.
• Afterwards, one must apply for the travel agents license.
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The Travel Agents License in Ireland• The travel agents license in Ireland
will grant the applicant the possibility to:
sell tourism packages based on commissions;
provide travel packages outside Ireland by land, sea or air;
to accept payments related to the sale of tourism packages.
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Types of Licenses for Travel Agencies in Ireland
• The following types of licenses are available for opening an Irish travel agency:
a tour operators license;
a travel agents license.
• The application for a tour operators or travel agents license depends on whether the applicant is a limited liability company or a sole trader.
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Company Formationin Ireland
• Foreign businessmen who want to start a business in Ireland are advised to seek assistance from a professional team of company formation agents.
• Our Irish company formation agents are specialized in company incorporation matters and can help foreign investors with the entire company registration procedure.
Thank you for your attention!
• For more information please contact us at:
(+44)203-287 0408 (for international clients)
http://www.irelandcompanyformation.com10