Your first steps into contracting
Getting started
Stepping into the world of contracting begins with a mindset shift from employee to contractor. This can feel overwhelming if you don’t know where to start. However, finding the right service provider who can take care of all the admin and compliance while you focus on your contract is critical for your success.
More flexibility, more control
There are many benefits to contracting, which is why more professionals are choosing this way of working. Greater flexibility, higher earning potential, improved tax efficiency, and the freedom to shape your career are just some of the key advantages.
Contract with confidence
Many contractors worry about taxes, compliance and financial planning. That’s where we come in. We simplify the process so you can focus on your work with confidence and peace of mind.
Your earnings after tax, simplified!
Curious how your take-home pay compares as a contractor versus a permanent employee? Our calculator gives you a quick side-by-side view, so you can see the difference in your net income.
It’s a great starting point, and if you’d like a more detailed, personalised breakdown, our Solutions Advisors are here to help.
Compare our contracting solutions
Not sure which path to take?
Compare our solutions side-by-side to find the setup that matches your goals, income, and preferred level of control.
Umbrella PAYE
What It Means
You use our Fenero owned ready-to-go Umbrella Company.- You stay the contractor.
- We handle invoices, payments, and expense claims.
- Join instantly, leave anytime.
- Simple & flexible.
- Pay-as-you-go.
Best For You If
- You're new to contracting.
- You're on a short-term contract.
- You have visa restrictions.
- You're applying for a mortgage.
Pros & Benefits
Immediate setup.- All payroll taxes handled.
- Claim business expenses.
- Class A PRSI and Illness Benefit.
- Full insurance cover.
- Wellbeing programme.
- No setup/close costs.
- Fast payments.
- 24/7 Contractor Platform.
Cons & Restrictions
Lower take-home (11.25% employers PRSI is deducted from your invoice).- Less tax planning opportunities & control than PSC.
Umbrella Director
What It Means
- You use our Fenero owned ready-to-go Umbrella Company.
- You stay the contractor.
- Higher take home pay.
- Join instantly, leave anytime.
- Simple & flexible.
- Pay-as-you-go.
Best For You If
- You're new to contracting.
- You're on a short-term contract.
- Not ready to run your own company.
Pros & Benefits
- Immediate setup.
- All payroll taxes handled.
- Claim business expenses.
- Class S PRSI and no Illness Benefit.
- Full insurance cover.
- Wellbeing programme.
- No setup/close costs.
- Fast payments.
- 24/7 Contractor Platform.
Cons & Restrictions
- Not available on a restricted visa (you need at least Stamp 4)
- Not ideal if you're applying for a mortgage.
- Less tax planning opportunities & control than PSC.
Personal Service (Limited) Company
What It Means
- You run your own company.
- Fenero supports you with tax accounting, and setup.
- You provide the details through our contractor portal.
- We prepare and file your returns and accounts
Best For You If
- You earn €400+/day.
- You have a long-term contract.
- You want to employ someone.
- You want decision making and control.
- Want to build wealth.
Pros & Benefits
- Maximise your take-home pay.
- Have more control.
- Set your own salary.
- Build savings in your company.
- Invest or buy assets, e.g.: a car.
- Enjoy more tax planning & wealth management opportunities.
- Claim more expenses.
Cons & Restrictions
- For long-term contractors earning over €400/day.
- Not ideal if you're on a short contract.
- Setup takes longer.
- More fees and admin than Umbrella.
- More control and us to guide you.
Why starting contractors choose Fenero
Contracting tax and accounting specialists
Tax and financial planning support
Employee Wellbeing Assistance programme
Highest professional indemnity coverage
20,000+ contractors helped over 16+ years
Dedicated Account Manager
24/7 access to our bespoke online platforms
Premium award-winning service
Our money-back service level guarantee
To give you peace of mind, we guarantee same-day payment processing.
If we don’t process your funds on the same business day we receive them, we’ll waive your Fenero fee for that period.
( While we guarantee same-day processing by Fenero, the timing of funds arriving in a contractor’s bank account is subject to external banking systems and may vary. )
New to Contracting FAQs
Knowledge Hub
From advice on claiming tax relief to a breakdown of what the Budget means for you, we have some great resources to help you navigate the often-complex contracting landscape.
Have any questions?
Fill in your details and one of our Solutions Advisors will call you back.
