Some Important Things You Should Know About Ireland Company Registration
The Irish limited company is the most preferred company type in Ireland, especially for foreigners. It is also the most recommended type of business entity in Ireland, as it allows your Irish company to stand as a separate legal entity and provides many opportunities. However, the Ireland company registration could be a lot of hassle given that you don’t go about it the right way. There are chances that you will face problems while registering a business in Ireland, as the formalities can be very confusing, mostly for the ones who are not from Ireland.
To help you with it, 3E Accounting is now available in Ireland. From now on, all you need to do is know the facts about opening a company in Ireland and then call us. Then, our business and accounting experts will incorporate your business for you in minimal time and cost. Thus, let us say that all you need to do is make a phone call or email 3E Accounting for Ireland company registration.
Types of Ireland Limited Company
There are various types of Ireland Limited Company. But these two are the recommended types of Irish companies for foreign investors:
Private Company Limited by Shares
The private company limited by shares is for you if you want to one a small to a medium enterprise. You need at least one director and one resident secretary to open a private company limited by shares. The company also must have at least one shareholder, and the maximum number of shareholders allowed is 149. Remember that at least one director should be a permanent resident of the European Economic Area (EEA). However, there may be exemptions depending on your case. Contact 3E Accounting for more details.
Public Limited Company
It is the biggest form of Irish Limited company. To open a public limited company, you need a minimum share capital of EUR 25000. You need at least two directors and a secretary. Two things that differentiate a public limited company from a private limited is that in the former, there is no restriction to the number of shareholders and the shares are available for the public to buy.
Things Needed Know to Open an Ireland Limited Company
You need to propose a name for your Irish limited company. It should be unique and should fulfill certain guidelines. Contact us for more.
Constitution for the Principle activities
You will need to select a ‘NACE’ code for your company. In an easier sense, the constitution in Ireland replaced the Memorandum and Articles of Association. The NACE code depends on what type of business you do.
You will need a physical address as the registered address. It can not be PO Box Number.
Credentials of the Directors, Shareholders, and Secretary
You will need to provide basic personal information of the directors, shareholders, and secretary of your company. This includes the full name, residential address, date of birth, contributions to the company, etc.
Looking forward to an Ireland company registration? Contact us; we will register your Ireland company in no time.