Basic requirements for incorporating a company in Ireland
To incorporate a private company limited by shares (LTD) you need to have at least one Director and a
separate Company Secretary
. Although there is no requirement
to have an Irish resident Director,
one Director has to be resident in the European Economic Area (EEA) - there is one costly exception to this
rule that we won't go into. The Company Secretary can be a company, however, Directors must be individuals.
The company must have a registered office
in Ireland and must
carry on an activity within Ireland.
A company shall not be formed or registered unless it appears to the CRO that the company,
when registered, will carry on an activity in the State.
When registering, companies must state their Authorised Share Capital (the maximum amount of shares it can
issue) and their Issued Share Capital (the actual amount of shares issued to shareholders). Shareholders are
liable to the company for the value of the shares issued to them, so it is advisable to keep this number low,
typically at 100 shares in total. Read more about Shares and Shareholders
As mentioned, your company needs to have its address in Ireland. This address needs to be provided when
creating your company and, therefore, needs to be known in advance. There are businesses who allow you to
use their address as your company's registered address at a cost. See our post here
on registered office providers in Ireland.
Corporation Tax Registration
If your company engages in operations it must register for Corporation Tax (and other appropriate taxes
e.g., VAT, Payroll taxes) in Ireland. To qualify as an Irish resident company for Corporation Tax the
company must be centrally managed and controlled from Ireland. Incorporate Ireland can register your company
for taxes here
You may also want to set up a company bank account as it will be useful in administering payments/receipts
for your new company. Check out this digital bank account service www.fire.com
should be easier than opening an account with a high street bank in Ireland.