Incorporation of Company
Onshore Jurisdictions
Back to previous page
Ireland
Ireland is a highly developed jurisdiction, a member of the EU and of the Euro zone. Since 1999, Ireland has remained an attractive jurisdiction for those wishing to operate a company from a prestigious EU country with a relatively low level of taxation. The tax rate in Ireland since 2003 has been only 12.5 %, which is one of the lowest in the EU. An Irish company may serve as a prestigious and favourable corporate instrument to be used for solid investment and other financial projects.
| Principal Corporate Legislation: | Companies Acts 1963 to 2009 |
| Type of Law: | Common |
| Language of Legislation and Corporate Documents: | English |
| Type of Company for International Trade, Investment & Tax Planning: | Private Limited Company. |
Ireland - Private Limited Company
Share Capital
Standard authorised share capital is EUR 1,000,000. Minimum paid up share capital is EUR 1.
Classes of Share Available
Registered shares and preference shares.
Bearer Shares
Not permitted.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in the Ireland.
Directors
The minimum number of directors is two. Director can be of any nationality and need not be resident but at least one director must be resident the European Economic Area (EEA). Corporate directors are not permitted.
Shareholders The minimum number of shareholders is one.
The minimum number of shareholders is one.
Publicly Accessible Records
Yes.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Disclosure of Beneficial Ownership to Authorities
No.
No. Personal Presence Required
No.
Taxation
12.5% on trading income 25% on non trading income.
Double Taxation Treaty Access
Australia, Austria, Bahrain, Belarus, Belgium, Bosnia & Herzegovina, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Israel, Japan, Latvia, Lithuania, Luxembourg, Mexico, Morocco, Netherlands, New Zealand, Norway, Pakistan, Poland, Portugal, Russian Federation, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, United Kingdom and United States.
Requirements to File Accounts
Yes.
Requirement to File Annual Return
Yes.
Audit Requirements
Yes, but small company exemption.
Currency
Euro.
Exchange Control
None.
Language of Name
English.
Restricted Words
Words such as "Assurance", "Bank", "Building Society", "Royal", "Trust Company", "Trustee Company" etc. will require justification.
Name of a Company
The words "Limited", "Ltd" or "Teoranta*" must be part of the name of every company. * Irish Gaelic for Limited.
Time to Incorporate
Two weeks.
Cost of Formation: Request a quotation
Please contact us for your free initial consultation.
left
Choose a country on the map
right
Please contact us for additional information about incorporation of companies in other offshore jurisdictions.
