Incorporations
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our officeCOMPANIES ACT 1963 - SECT 70 Notice of increase of share capital.
70.—(1) Where a company, having a share capital, whether its shares have or have not been converted into stock, has increased its share capital above the registered capital, it shall, within 15 days after the passing of the resolution increasing its share capital, give to the registrar of companies notice of the increase, and the registrar shall record the increase.
(2) The notice to be given as aforesaid shall include such particulars as may be prescribed with respect to the classes of shares affected, and the conditions subject to which the new shares have been or are to be issued.
(3) If default is made in complying with this section, the company and every officer of the company who is in default shall be liable to a fine not exceeding £50.
| Timescale | Cost |
| 3 to 5 days | €320 |
Ireland Key points
- Only 3 to 5 days to incorporate.
- Directors can be of any EU nationality.
- Only 1 shareholder required.
- 100% foreign shareholders allowed.
- Equal treatment for domestic and foreign shareholders.
- No obligation requiring Irish participation in the management of your company.
- Share Capital requirement is only €100.
- Exemption for 3 years from Corporation Tax if your taxable profits are less than €320,000.
- Low Corporation Tax of 12.5%.
- We are members of the Irish Companies Registration Office electronic filing scheme.
- We provide you with full expert assistance throughout every step of the company formation process.