What is a Director Umbrella Company?

A Director Umbrella Company is an intermediary company responsible for deducting payroll taxes on behalf of a Contractor. All payments are processed via the PAYE system with accurate calculations and deductions of tax, PRSI and USC to ensure you're fully compliant with no hidden tax surprises. As a Director of the Umbrella Company, an Income Tax Return must be filed, but don't worry, we'll take care of this for you. When we say fully managed we mean fully managed. This is an ideal solution for Professional Contractors and freelancers who wish to maximise their take home pay and pay Class S PRSI Contributions.