Who We Help / Startups
Your startup finances.
Sorted from day one.
Startups that get accounting right from the start raise faster, scale cleaner, and avoid the costly corrections that come from messy early-stage books. Finlay Mulligan sets you up correctly and keeps you compliant as you grow.
How we support Irish startups
Company formation
CRO registration, share structure, Revenue registration, and company secretarial — your company set up correctly from day one.
Accounting foundations
Xero setup, chart of accounts, bank feeds, and expense policies. Clean books from the first transaction.
Ongoing compliance
VAT, payroll, quarterly management reports, and Revenue submissions — all handled so you can focus on building.
Investor readiness
Investor-grade financials, R&D tax credit claims, and financial models when you are ready to raise.
Services for startups
Startup Accounting FAQs
When should a startup engage an accountant?
Before you incorporate — or at the latest, at incorporation. Getting the share structure right, registering for the correct taxes, and setting up proper bookkeeping from day one saves significant cost and pain later.
Does our startup need to do VAT returns immediately?
Not necessarily. VAT registration is required once you exceed EUR 85,000 in goods or EUR 42,500 in services in a 12-month period. However, voluntary registration can be beneficial — allowing you to reclaim VAT on startup costs.
Can you help us claim R&D tax credits?
Yes. Irish R&D tax credits are worth 25% of qualifying expenditure and are available to companies carrying out qualifying research and development. Technology startups, life sciences, and engineering companies commonly qualify.
We are planning to raise investment — what do investors expect?
Investors expect monthly management accounts, a financial model with revenue projections, clean historical bookkeeping, and evidence of tax compliance. We prepare your startup for due diligence before investor conversations start.
Can foreign founders set up an Irish company?
Yes — the company needs at least one EEA-resident director, or a Section 137 bond. We assist EU, UK, and US-based founders set up Irish entities regularly.
Ready to start your company?
Tell us your idea and stage. We will confirm what you need and send a proposal.