Access Nova Scotia
The fundamentals of starting a new business are the same no matter whether you have a ‘brick and mortar’ business or a business that is online. You are not likely to see any profits for even a longer period of time than starting a business in a good economy, and you may even find yourself taking a big hit in your savings to keep your business open until you economy improves and your customers increase.
Start-up companies: New companies may get tax relief on the first 3 years of corporation tax and the value of the relief will be linked to the amount of employers’ PRSI paid by a company in an accounting period subject to a maximum of €5,000 per employee.
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