In Irish Limited Liability Companies (LTD), there are no minimum requirements for the amount of authorised capital, and it does not need to be prepaid. The authorised capital can be of any amount and is usually determined at the discretion of the shareholders based on the convenience of distributing the capital shares among them.
The company must appoint at least one director who can be a person of any nationality. Additionally, it is required to have at least one director who is a citizen of the European Union among the directors. In order to meet this requirement, Bridges can provide the service of appointing a non-executive director in your company. For more information, please refer to this
link.
A mandatory requirement in an Irish LTD is the appointment of a secretary. This service is included in our offer.
Personal data of directors and shareholders in Ireland, as well as the complete company history, are publicly accessible.
Starting from June 11, 2023, a new rule has been implemented, according to which one of the directors of the company is required to use an identification number to interact with the Companies Registration Office (CRO). This number is also required for company registration. This measure is aimed at verifying the identity of the director.
For foreign citizens, obtaining such a number is a simple procedure. We need to fill out the application form on your behalf. After that, the form should be printed and signed in the presence of a notary for certification. The notarized copy of the form will be uploaded by us to the online portal used for interaction with the Companies Registration Office (CRO). The processing of the application form will take up to 7 days, after which the foreign director will be assigned an identification number.
After obtaining an identification number, the director may start the company registration procedure.
It is also important to note that registration with the tax authority to obtain a tax identification number is a separate procedure that is not included in the company or partnership registration service. The service for registration with the tax authority is described
here.