Ireland Tax Resident Company

Type of Company – Private Limited Company and Public Limited Company
Legislation – The Companies Acts 1963 to 1999 - (Amendment) No.2 Act 1999.
Company name – Must end with the word ‘Limited‘ or ‘Teoranta’.
Time-scale for incorporation – 7to 10 days.
Disclosure of beneficial owners prior to incorporation is NOT required.
Double tax treaties – Ireland has over 30 double taxation treaties with many favorable and well negotiated provisions.
Ready-made companies are available.
Money laundering legislation is in existence.

Registered Office and Registered Agent must be maintained where all the Registers and Annual Financial Statements shall be kept.
Company Secretary must be appointed. May be a natural person or body corporate and can be of any nationality or residency.
Public recording of shareholders and directors are required, but anonymity is retained through nominees.
Accounts and Audit requirements are required for public filing, and keeping of accounting and book records is required, as these may be requested by the Assessor of Income Tax.

Minimum number of shareholders – One (1). May be a natural person or body corporate and can be of any nationality or residency.
Minimum number of directors – Two (2), where one should be locally resident or alternatively a company may dispense with this requirement by placing a bond to the value of EUR25,500 with the Company Registry.
Minimum capital requirement – EUR2
Standard Authorised Capital – EUR2
Bearer shares are NOT permitted
Corporate Directors are NOT permitted.

Annual return and annual statutory meetings are required, together with an Annual Return filing fee of EUR40 or EUR20 if this is filed electronically to the Company Registration office.
Statutory Accounting is required.
Taxation – Tax payable at 12.5% on taxable profits.