Incorporating in Ireland

Incorporating in Ireland is a relatively simple process, with few pitfalls and many advantages. However, it is advisable to be fully aware of the various Company Law and accounting requirements when considering incorporating in Ireland. Some points to consider with incorporating in Ireland include:
1.	When incorporating in Ireland, note that for a private limited company, the minimum number of shareholders is one and the maximum number of shareholders is 50.
2.	When incorporating in Ireland, note that the company must have at least two directors, at least one director must be a resident in Ireland, though he/she is not required to be an Irish citizen.
3.	Investors considering incorporating in Ireland should note that the minimum capital necessary to set up a limited company in Ireland is 1 Euro.
4.	When incorporating in Ireland, note that there are no restrictions on the activities of a private limited company.
5.	When incorporating in Ireland, note that there are no restrictions on the activities of a private limited company.
6.	100% foreign ownership is permitted in Ireland when incorporating in Ireland.
7.	When incorporating in Ireland, note that a division of a foreign company will be deemed to be an Irish branch if it is trading in Ireland, has an element of permanency, has a separate management presence which is able to negotiate and conclude contracts with third parties and has an element of financial independence.
8.	Those planning on incorporating in Ireland should note that a private company limited by shares is the most common structure utilised by foreign businesses investing in Ireland.
9.	Company accounts must be audited and submitted annually to the Companies Registrations Office after incorporating in Ireland.
10.	Following an Ireland company formation, it is easy to open corporate bank accounts all over the world. Healy Consultants works with internationally renown banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.
Related information: Ireland incorporation Ireland company registration Tax planning in Ireland Investing in Ireland Ireland Business start up
Contact Us For additional information on incorporating in Ireland, email email@healyconsultants.com or telephone us at (+65) 6735 0120. Back to Ireland Company Registration page.

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