Ireland PLC

Ireland is a renowned jurisdiction for companies to base their operations. This is due to Ireland’s incredibly low corporate tax rate and its geographic proximity to Europe. Despite Ireland tax incentives, which attract foreign investment, it is not perceived as a traditional offshore tax haven, as it is part of the European Union (EU).

A traditional Private Limited Company is limited by shares, with the company giving limited liability to its members, limited to the amount of a number of shares held by them. This form of corporate arrangement is ideal for international trade and investment activities, as it draws legal and financial distinctions between the company and its members.

 

Key Features

Ireland Private Limited Company

Corporate Details

General

  • Type of Entity

Private Limited Company

  • Registered Office in Ireland

Yes

  • Shelf company availability

No

  • Our time to establish a new company

5 – 10 business days

  • Corporate Taxation

12.5%

  • Access to Double Taxation Treaties

Yes

Share capital or equivalent

  • Standard currency

Euro, €

  • Permitted currencies

Any

  • Minimum paid-up

€1

  • Usual authorized

€1,000,000

  • Bearer shares allowed

No

  • No par value shares allowed

No

Managers / Directors

  • Minimum number

Two

  • Local required

No

  • Publicly accessible records

Yes

  • Location of meetings

Anywhere, not required

  • Corporate directorship allowed

No

Members / Shareholders                             

  • Minimum number

One

  • Publicly accessible records

Yes

  • Corporate shareholder allowed

Yes

  • Location of meetings

Anywhere, not required

Company Secretary

  • Required

Yes

  • Local or qualified

No

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

Yes

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes

Others

  • Requirement to file annual return

Yes

  • Migration of domicile permitted

No

 

Advantages

  • Geographical proximity to the UK and Europe
  • Membership of the European Union
  • One of the world’s lowest Corporate Tax Rate at 12.5%
  • Employees have the ability to hold shares
  • Ability to own property and enter into legal contracts
  • Beneficial owners can remain confidential
  • No meetings required
  • Small companies exempted from audit requirements
  • Additional tax breaks for business activities in a number of industries

 

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.