Transcript
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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