Ireland Company Incorporation
The Easiest and most Affordable way to Establish your company in Ireland.
The principal features of companies in the Republic of
Ireland are:
- Directors must be individuals and not corporate entities.
- One of the directors must be resident in the European
Union. Where there is no director of the company whom will be resident
in the EU a Non Resident Director Bond can be put in place.
- A company secretary can be either an individual or company
and may or may not be resident in Ireland.
- The company must have a registered office in Ireland.
- The company must at the time of incorporation be specific
about its intended objects.
- Irish law demands that all limited companies have an
official company seal.
- Shares should be denominated in Euros (€'s).
The first step to incorporate is check the availability of
your proposed company name.
Company Name
This is the name of your business. There are some
restrictions, the main one being that it must be unique.
Company Registered Office
This is the official address of your business where all official documents are served. This does not have to be your trading address but it must be located in Ireland, residential addresses are permitted. It must be a physical location, P.O. boxes are not permitted.
Company Directors
Irish companies require the residential address, date of birth of each director and any other directorships, of at least two individuals over the age of 18. It is required that one director be a permanent resident in the EU.
Company Secretary
Irish companies are required to have a company secretary who has the legal duty of filing all required documents and accounts. This may be an individual in which case their personal details are required, or a Corporate Body in which case it's name and registered office.
Principle Activities
The companies purpose must be outlined in its memorandum of association and given a corresponding NACE code. We do this for you, we just need to know the principal activity of your company.
Benefits of being Limited
- Setting up a limited liability company offers just that:
limited liability.
- Greater degree of business credibility of trading through a
limited company.
- Ownership of a limited company can be spread over a
greater number of people.
- Shareholders in a limited liability company are only
liable to lose the share capital to which they subscribe.
- The rights of shareholders are clearly defined and
protected.
- Employees can acquire shares.
- A company is a legal form of a business organisation,
which is classed as a separate legal entity and, therefore, is separate
and distinct from those who run it; the company, and not the
individual shareholders.
- For sole traders and in partnerships, the individuals’
personal assets are at risk if there is a claim against the
organisation.
- A company pension scheme can be secured through a limited
company.
- A limited company has a greater ability to raise finance
by the issue of shares and also under the Business Expansion Scheme.
- The company's name is protected: incorporation protects
the name from use by another Limited company.
- Limited companies have flexible borrowing powers.
- The company continues despite the death, resignation or
bankruptcy of members.
- The interests and obligations of the directors are
defined.
- Appointment, retirement or removal of directors is
straightforward.
- Personal tax advantages can accrue for directors of a
limited company.
- Corporate Tax Rate is one of the lowest in the world.
- Directors pay income tax, and the company pays corporation
tax on company profits; under current tax rates, company profits
earned and retained in the business are assessed to corporation tax at
lower rates than if income tax were payable on equivalent profits
earned by an unincorporated business.
Ireland could not be better placed for business, it's a
natural gateway to Europe.
The change in company legislation regarding the residency of
directors and the low corporation tax rate at 12.5% makes Ireland the
ideal place to incorporate your company. It is now required that just 1
director of an Ireland company be resident in the European Economic
Area. Being Ireland's premier formation company, no one can
match our knowledge, expertise or commitment in incorporating your
company on time and at a fixed fee.
To incorporate
your new company, all you need to do is tell
us the
company
name that you would like to
register and then simply leave
the rest to us.
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Whilst incorporating your company we provide you with full
expert assistance throughout every step of the company formation
process; however, our service does not stop there. We will give you
assistance and advice related to your company formation, the moment you
choose to incorporate with us and continue to do so for as long after
incorporation as you may require.
Our full range of company secretarial services ease the set
up and management of your company, providing the opportunity for
non-residents to incorporate a company in Ireland.
As well as our company formation services we can provide you
with the following:
-
Company Secretary
-
Registered Office Address
-
Assistance with opening a bank account
Incorporating online your Limited Company in Ireland
- Once you have the decided on the name of your new company
please go to our order
form. We will check on the availability of your
proposed name at The Companies Registration Office (CRO) and advise you
of any potential conflicts with existing companies already on the
register.
-
We then draft your memorandum & articles of association
with the principle objectives clause specifically drafted for the main
activity of your new company and email you the pre-registration and
legal documents that will require your signature(s).
-
Upon return, we then as members of the Companies Registration
Office electronic filing scheme, electronically submit your proposed
company's documentation, then submit the documents with original
signatures at the CRO. Your new company will be incorporated in 3-5
days.
-
We will then finalise and forward to you your new limited
company formation package and all of the documents you require to start
trading and proceed to open a bank account.
What
is included in our Company Package