Ireland Company Formation

Ireland Company Formation
  • Secure jurisdiction and recognised reputation.
  • Time of Ireland company formation takes 3-5 days.
  • Personal presence is not required.
  • Popular company type:
    • Ireland Private Limited Company (PLC).

Tax Rates in Ireland

Corporation Tax in Ireland: 12.5% for trading income, 25% for non-trading income

Income Tax in Ireland: 40% over €34,550 for single, €42,800 for married taxpayers.

VAT Tax in Ireland: 23%

About Ireland

Capital: Dublin

Region: The South-West Region

Language: English

Currency: Euro (EUR)

Time Zones: GMT +0

Dial Code: +353

Abbreviations: IE

What we can do for your Company in Ireland

  • We do all paperwork on forming the company in Ireland
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand
  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitying VAT return
  • Dealing with local authority
  • Trademark registration

Ireland Company Formation. Ireland (PLC) Company Registration

Main Characteristics and the basic rules of Company registration in Ireland

Expanding business to an offshore location or country is definitely a good idea but selecting the right country is equally important. If you are planning to expand your business in Europe, Ireland is a good choice. In the last decade, Ireland has become the preferred choice for several US and EU based companies for venture expansion. In fact, some of these entities have made Ireland their business headquarters. So, it is time you may think of Ireland offshore Company Formation too.

The tax regime of Ireland is a main reason behind growing foreign direct investment in the country but there are more. You will not have to worry about availability of skilled labor in this country. The high literacy rate ensures any business need not strive to find workforce. You will also find English speaking workforce without hardships.

When you want to start a new venture in a foreign country or take existing venture there, the taxation related aspects have to be kept in mind. The nice thing about Ireland is the Corporate Tax Rate is as low as 12.5%. It does not matter which niche your business belongs to. The tax rate is applicable to companies belonging to any sector. Dublin has a pro-business environment and setup that any entrepreneur would love.

The SARP or Special Assignee Relief Programme is a boon for companies expanding operations in Ireland those hire staffs from home turf. This can be especially helpful when you start operations here and do not want to hire local employees at the nascent stage. You can in fact get more tax credit if you have a R&D facility for your venture in Ireland. These are also strong reasons to think of Ireland Company Formation. No wonder a lot of MNCs are developing their data centers in the country.

The economy of Ireland is stable and political turbulence related woes are almost not there. These are also required for business expansion. You can setup companies belonging to various niches like IT, finance, healthcare, telecommunication, food and hospitality etc. The transport network in Ireland is strong and airways connectivity is very good for business operations. From Dublin you can find flights to major cities in the EU and the USA.

Despite benefits of business expansion in Ireland, you may require assistance from expert agencies. BRIS Group is the perfect guide for this. Get in touch for more information on Ireland Company Formation.

Ireland Company Formation Financial Advantages
Taxation: 12.5%: Trading income 25%: Non-Trading income
Double Taxation Treaty Access: Yes Treaty Access with many countries
Ireland Tax Information Exchange Agreements: Yes, Ireland signs Exchange Agreements
Account Filing Requirements: Yes accounting / reporting requirements
Annual Return Filing Requirements: No annual return/ reporting requirements
Audit Requirements: Yes audit required (not for small company)
Ireland Company Formation Registration Requirements
Share Capital: EUR 1,000,000 Minimum paid up share capital required for an Ireland company formation EUR 1
Classes of Share Available for Ireland company formation: Preference shares, registered shares
Bearer Shares: Not Allowed
Registered Office Required: Yes required and must be maintained in Ireland
Shareholders: Minimum number is one
Directors: Minimum number is one. Can be any nationality and need not be residents of Ireland (but 1 must be resident in EEA) Corporate directors are not allowed.
Your Company language: English
Name of your Company must be ended: “Limited”/ “Ltd”, “Teoranta”
Documents required for Ireland company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Ireland Company Formation Restriction
For Ireland company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: Gibraltar “Non-Resident Controlled” companies are not permitted to trade within Gibraltar or to have Gibraltar-source income, if they wish to avoid being treated as taxable in Gibraltar
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Ireland Company Formation Confidentiality and Security
Publicly Accessible Records: Yes, accessible
Nominee Shareholders and Nominee Directors: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities: No
Meetings of Directors and Shareholders to be held: Anywhere
Stability: Fantastic jurisdiction and highly regarded reputation.
About Ireland Ireland Company Formation
Capital city: Dublin
Region: The South-West Region
Political System: Parliamentary Democracy
Government: Republic
Governing corporate legislation: Companies Acts 1963 to 2009
Type of Law: Common
Currency: Euro (EUR)
Exchange Control: None.
Language of Legislation and Corporate Documents: English
Time Zone: GMT+0.

Type of Companies in Ireland you can choose:

Designated Activity Company (DAC)
  • Minimum of 2 Directors
  • Secretary must be separate, cannot be sole Director
  • 1-149 Shareholders
  • Objects clause within Memorandum limits Capacity of the Company
  • Must have Authorised Share Capital
  • Must hold an AGM
  • Can be an Insurance Undertaking or Credit Institution
Private Company Limited By Shares (Limited)
  • Minimum of 1 Director
  • 1-149 Shareholders
  • Has an one page constitution document
  • No Authorised share capital requirement
  • Need not hold an AGM
  • Cannot be an Insurance Undertaking or Credit Institution

This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.

BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.

Our team of consultants are here to take you through the process.