Full-process services from company registration, bank account opening to tax compliance(math.) genus
Helping you to develop global business efficiently
Company Name and Type Selection
Legal Registered Address
Director and Company Secretary Requirements
Shareholders and share capital requirements
Registration of beneficial owners
What are the main types of Irish companies?
corporation
corporation
Unlimited Liability Company
Branches and Representative Offices
1. Name of the company
Development of 1-3 alternative English names
2. Directors, Secretary and Shareholders Information
Proof of identity (passport), proof of address and PPSN for all directors (who need to specifically state whether they meet the EEA residency requirements), company secretary and shareholders. Non-resident directors are required to apply for a PPSN in advance.
3. Shareholding structure
Detailed share allocation, class and par value information.
4. Address of registered office
A valid address located in Ireland (can be provided by the service provider).
5. Articles of Incorporation
Basic rules document for corporate governance. A standard template for CROs can usually be used or can be customized as required.
6. Form A1
Irish company registration application form, which needs to contain all the above core information.
1
Data preparation and name approval (approximately 1 week)
2
Preparation and signing of documents (approximately 1 week)
3
Submission for registration and review (approximately 5-10 business days)
4
Tax registration and bank account opening (about 1-2 weeks)
Q&A Frequently Asked Questions
A:Absolutely. Irish law does not place any restrictions on the percentage of shares held by foreign shareholders and allows 100% foreign investors to wholly own a limited company (LTD). This is extremely friendly to international investors.
A: Yes, this is a statutory requirement. Irish company law requires that a private limited company (LTD) must have at least one director who is ordinarily resident in the European Economic Area (EEA), which includes the EU countries as well as Iceland, Liechtenstein and Norway. If this is not the case, then an insurance policy called "Section 137 Bond" (normally €25,395) needs to be taken out and notified to the CRO.
A: The tax rate of 12.51 TP3T applies mainly to a company's trading profits. For non-trading income (e.g. investment income), a rate of 25% or 33% may apply. For qualifying intellectual property income, an extraordinarily low tax rate of 6.25% is available through the Knowledge Development Box (KDB).
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