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Frequently Asked Questions
Key information about our services, engagements and working with RizFin.
Is RizFin right for my type of business?
RizFin works with businesses in Ireland and international businesses establishing and operating here. Our services include corporate, accounting and tax support, with the scope of each engagement considered according to the structure and requirements of the business.
How do I know if RizFin is the right fit?
Start with what the business requires. We review the nature of the business, its structure and the support being considered before agreeing the appropriate scope of services.
What can RizFin help me with?
RizFin provides corporate, accounting and tax services across the lifecycle of a business — from establishment and registration through ongoing corporate requirements, accounting and tax compliance, annual reporting and, where required, cessation or voluntary strike-off.
What types of businesses and entities do you work with?
We work with Limited Companies, Designated Activity Companies, Sole Traders and Trusts, with services depending on the structure and requirements involved. Certain corporate services and appointments, including trustee and directorship engagements, are subject to individual assessment, due diligence and formal acceptance.
Do you only work with Dublin-based businesses?
No. RizFin works with businesses across Ireland as well as international business owners, investors and overseas companies establishing and operating in Ireland. Much of our work can be managed remotely, depending on the requirements of the engagement. See our guide on director requirements for overseas founders if that's your situation.
How much will this cost me?
Fees are agreed based on the services and requirements of the engagement. Once we understand the business and the support required, we will confirm the scope, responsibilities and fees before the engagement begins.
How do I start working with you?
Tell us about the business and the support you are considering. We will review the requirements and, where appropriate, set out the proposed scope, responsibilities and fees before moving through our onboarding and acceptance process.
How long does it take to get started?
Timing depends on the nature of the engagement, the services required and the information available. Once the scope has been agreed, we will confirm the documentation, due diligence and other information required before services begin. See our onboarding process for more detail.
How does RizFin approach an engagement?
We begin by understanding the business, its structure and the requirements of the engagement. From there, we agree the scope of services, responsibilities and fees before moving through onboarding and delivery.
Will the scope be tailored to our business?
Yes. Services are structured around the requirements of the engagement rather than a standard package. The agreed scope sets out the services to be provided, the respective responsibilities and the basis of the engagement.
Can RizFin support more than one area of the business?
Yes. Corporate, accounting and tax requirements often overlap. Where appropriate, an engagement can bring together services across these areas, providing continuity as the requirements of the business develop.
How are responsibilities managed?
Responsibilities are established clearly as part of the engagement. We set out what RizFin will provide, what information or actions are required from the client, and where any matter falls outside the agreed scope.
What happens if something falls outside the agreed scope?
Additional work identified during an engagement is scoped and agreed separately before it proceeds, rather than assumed to be included in the existing arrangement.
Are all engagements accepted?
No. We consider each engagement individually. Certain services, including directorship, trustee and other corporate appointments, are subject to due diligence, assessment and formal acceptance before an engagement can proceed.
Can I work with RizFin if I already have an accountant or adviser?
Yes. Depending on the services required, RizFin may work alongside an existing accountant or adviser without replacing them. We will establish the respective scope and responsibilities at the outset so that it is clear where each role sits.
Can RizFin take over from my current accountant?
Yes. Where RizFin is appointed to take over an existing engagement, we will agree the scope of the services transferring and identify the records, information and access required before the transition begins.
How is the handover managed?
The transition will depend on the services involved and the current position of the business. Where appropriate, we will coordinate the professional handover, review the information received and identify any matters requiring attention as part of the new engagement.
What if the records are incomplete or there are outstanding filings?
This does not necessarily prevent an engagement from proceeding. We will first establish the current position and identify any outstanding records, reconciliations, filings or other matters requiring attention. Additional work outside the agreed ongoing service will be scoped separately where required.
Do I need to end my existing engagement before contacting RizFin?
No. You can speak with us about your requirements before making any changes to your existing arrangements. This allows us to understand the proposed scope and determine the appropriate next steps before a transition takes place.
Will you review the existing accounting and compliance position?
Where relevant to the engagement, we will review the information available to understand the starting position of the business. Any additional review, correction or catch-up work identified will be discussed and scoped separately.
What does RizFin's TCSP authorisation cover?
RizFin is authorised by the Minister for Justice as a Trust or Company Service Provider (TCSP). Our corporate services, including company secretarial support and director or trustee appointments, are provided within the scope of that authorisation.
Can RizFin deal with Revenue or the CRO on our behalf?
Where RizFin is formally authorised to act, we can liaise with Revenue and make relevant filings with the Companies Registration Office within the scope of the engagement. The extent of our authority and responsibilities will depend on the services agreed.
Why does RizFin require identification and due diligence information?
RizFin is required to carry out appropriate customer due diligence and ongoing monitoring in accordance with applicable anti-money laundering requirements. The information required will depend on the nature of the client, the ownership and control structure and the services being considered. RizFin is supervised for relevant anti-money laundering compliance by the Anti-Money Laundering Compliance Unit of the Department of Justice.
Are all corporate services and appointments available automatically?
No. Certain corporate services and appointments, including directorship and trustee engagements, are considered individually and are subject to due diligence, assessment and formal acceptance. Availability will depend on the circumstances of the proposed engagement.
What remains the client's responsibility?
The responsibilities of RizFin and the client are set out as part of the engagement. Clients remain responsible for providing complete and accurate information, maintaining appropriate records, and taking required decisions or actions that remain with management or the relevant office holders.
What happens if a matter requires advice outside RizFin's scope?
Where a matter falls outside RizFin's authorisation or area of expertise, we will identify this and, where appropriate, recommend that separate professional advice is obtained.
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