Ireland PLC

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.