Europe Emirates Group can help you start your business in Ireland
Company formation in Ireland is usually completed in two to three days but the country has specific procedural requirements.
Limited liability companies require two directors, one of which must be an EEA resident and will need to provide personal details and photographic ID to process the application. The company must also have a presence in Ireland (office) and not just be a shell company. A residential address may also be used for this purpose.
Ireland uses the NACE system to classify business activities. Shares must be priced in Euros and while the nation requires a locally based secretary, they can be a corporation rather than an individual.
Company formation in Ireland requires a local secretary who is in charge of all documentation and company accounts. An annual return also needs to be filed and services provided for stockholders and subscribers of the company. They are similarly charged with carrying out the specifics of the Memorandum and Articles of Association on behalf of the company. Companies are required to hold annual meetings.
Shares are issued after the Certificate of Incorporation is provided. Statutory records have to be maintained and an annual renewal fee applies.
Some tax immunity may be enjoyed post-formation and if profits remain under the amount that applies at the time the corporation is formed, the company can avoid paying corporate tax for a period of three years.