What is the Director Umbrella Company?
The Director Umbrella Company enables Contractors to become a Director of a limited company without any of the set up costs involved with setting up a Personal Limited Company.
As a proprietary Director of the Umbrella Company, Contractors have a self-employed status where they pay the lower rate of PRSI (Class S) 4% and do not need to pay the employers portion of PRSI.
The Director Umbrella Limited Company is owned and managed by Icon Accounting and is an ideal solution for medium to long term Contractors, relocating Contractors and professionals who wish to pay Class S PRSI contributions while contracting.
The Director Umbrella Company manages all invoicing, taxes and payments of your behalf, ensuring you remain tax compliant while Contracting. A contract will be raised between your assigned Director Umbrella Company and your recruitment agency for your services.