1. Applicable Company legislation?
Companies Act 1963 to 1990

2. What types of Company are available in this jurisdiction?
Limited Liability Companies which may be treated as Non-Resident when owned and controlled by non-residents of the Republic of Ireland

3. What is the annual Government fee payable?
IRP 10 per annum, Annual Return fee, (IRP 50 Late Filing fee)

4. Is a Registered Office required?
Yes - in the Republic of Ireland

5. Is it possible to reserve the name in the Company Registry?
No

6. How long is needed to incorporate in a name of your choice?
Between 3 and 4 weeks, although there is a procedure in place to enable incorporations to take place within one week

7. Are ready made companies usually available?
Yes

8. Where and when must board meetings be held?
An Annual General Meeting must be held which can take place anywhere

9. Is an annual return required?
Yes - by the Registrar of Companies

10.Are audited accounts required by authorities, and if so is a copy kept on public record?
Yes - a copy which has been audited by a qualified Irish Auditor must be attached to the Annual Return within 180 days of the end of the previous trading year. Note: the Non-Resident status of the Company is evidenced by the reporting of the identity of the Officers on the Annual Return together with proof that the Company has not traded in or been administered from Ireland.

11.How many companies were on the Companies Register at the end of 1995?
Approximately 142,000

12.Minimum number of subscribers?
Two

13.Minimum subscribed capital requirements?
IRP 2 (Capital may be expressed in any currency)

14.Standard authorised share capital
IRP 1,000

15.Minimum number of shareholders?
Two - who may be Individuals or Corporate Bodies

16.Are the details of shareholders filed on public record?
Yes

17.Are trustee shareholders permitted?
Yes

18.Is it possible to increase the authorised share capital?
Yes

19.Is a Company Secretary required?
Yes

20.Is a local registered/or resident agent required?
No

21.Minimum number of directors?
Two - who must be Individuals. Note: to enable the Company to be non-tax resident in Ireland, the Directors cannot be residents of Ireland or otherwise administer the Company from within Ireland

22.Are the details of directors filed on public record?
Yes

23.Are nominee third party directors permitted?
Yes

24.What is the principle use for this type(s) of company?
International Trade, normally where the beneficial owners wish to show some connection with the European Community. Note: it is not possible to register an Irish Non-Resident Company for Value Added Tax within the Republic of Ireland, although it may be possible to register within another EEC Member State

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.