Companies Ammended Act 2009 - Section 2

2.—Section 194 (as amended by the Act of 2003) of the Principal

Act is amended

Amendment of section 194 of Principal Act.

[No. 20.] Companies (Amendment) Act 2009. [2009.]

(a) in subsection (5)(b), by substituting “fails to comply with this subsection or subsection (5A)” for “fails to comply with this subsection”; and

(b) by inserting the following subsection after subsection (5): “(5A) A company shall, if required by the Director, produce to the Director for inspection the book kept by it in accordance with subsection (5)(a) and shall give the Director such facilities for inspecting and taking copies of the contents of the book as the Director may require.”.

Irish Company Order Irish Company Namecheck
Ireland Key Points
  • Only 2 to 3 days to incorporate.
  • Directors can be of any EU nationality.
  • Only 1 shareholder required.
  • 100% overseas 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.