Ireland Forms of Incorporation
As a general rule, it is possible to incorporate in Ireland in one of the following forms:
* A Public Limited Liability Company (with the suffix PLC).
There must be at least 7 shareholders. There is no maximum number of shareholders.
The company must have at least 2 directors and a company secretary.
The company must have a minimum share capital of IP 30,000. At least one quarter of the share capital must be paid up.
The company may offer shares to the public.
The general meeting of the shareholders must be convened at least once a year.
A report, including an auditor's report, must be submitted to the Registrar of Companies within 60 days of the date of the general meting.
* A Private Limited Liability Company (with the suffix LTD.)
The maximum number of shareholders - 50. The minimum number of shareholders - 1.
The company is permitted to engage in all fields of activity.
The company may not offer shares to the public.
The company must have at least 2 directors and a company secretary.
Most companies in Ireland are private companies.
The cost of setting up a private company - up to EUR 750.
Ireland Partnerships
The minimum number of partners - 2. There is no upper limit on the number of partners.
There is no need to register with the authorities. A signed agreement between the partners is sufficient.
Usually, all partners are jointly and severally liable for all the liabilities of the partnership.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
Please read our terms of service
before entering this site.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
Please read our terms of service
before entering this site.