How to Open a Company in Ireland

A presentation brought to you byLawyersIreland.eu

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Why Open a Company in Ireland?

• The Company Act in 2014 has simplified the company incorporation procedure which makes Ireland more attractive for entrepreneurs.

• Many foreign investors are attracted by the low taxation system Ireland has and by the highly competitive and specialized workforce.

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Types of Companies in Ireland

• The main types of companies available for incorporation in Ireland are:

 private limited liability company;

public company limited by shares;

company limited by guarantee;

limited liability partnership;

general partnership.

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Requirements to Open a Company in Ireland >>

•  In order to open a company in Ireland, foreign investors must decide upon:

a company name;

the registered address of the company;

the directors and the secretary.

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>> Requirements to Open a Company in Ireland

• Both private and public Irish companies must have at least one resident director.

• Private companies must have at least one shareholder.

•  Public companies limited by shares can register their shares with the Stock Exchange.

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Share Capital Requirements for Irish Companies

• The founders of a private limited liability company in Ireland are not required to provide a minimum share capital at registration.

• The members of a public company limited by shares must deposit a minimum amount at incorporation.

• Our Irish solicitors can offer more information about the share capital requirements.

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Documents Required to Open a Company in Ireland >>

• The necessary documents for company incorporation in Ireland are the following:

the memorandum and articles of association;

a list of the shareholders;

directors and the secretary.

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>> Documents Required to Open a Company in Ireland

• The other documents related to opening a company in Ireland are:

a declaration regarding the authorized and issued share capital and consideration paid;

a declaration regarding the registered office;

a declaration regarding the main business activities.

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Steps for Company Incorporation in Ireland >>

•  The founder must register the company with the Companies Registration Office, which will issue a certificate of registration.

• The company is then required to make a company stamp which is used in the majority of the commercial transactions.

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>> Steps for Company Incorporation in Ireland

• The last step is registering for the corporation tax, social insurance and VAT with the Revenue Commissioners.

• The company is immediately registered for PAYE/PRSI after depositing the necessary documents.

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Assistance in Company Registration in Ireland

• Our team of solicitors in Ireland has an extensive experience in legal and company formation matters. 

• Our Irish law firm can provide investors with legal consultancy in order to incorporate their companies in Ireland as soon as possible.

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Thank you for your attention!

For more information, please contact us at:(+44) 203-287 0408 (for international clients)office@lawyersireland.eu

www.lawyersireland.eu

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