Ireland company formation services
Private Company Limited by Shares
Corporate features
General
- Type of company – Resident Private Limited
- Type of law – Common
- Shelf company availability – No
- Our time to establish a new company – 10 days
- Migration of Domicile permitted – No
- Corporate taxation – 12.5% on profits
- Double taxation treaty access – Yes
- Language of name – Latin Alphabet
Corporate requirements
- Minimum number of Shareholders/Members – 1, normally 2
- Minimum number of Directors/Managers – 1
- Corporate Directors – No
- Company Secretary required – Yes
- Minimum paid up – Euro 1
- Usual authorised capital – Euro 1,000 or Euro 1,000,000
Local requirements
- Registered Office/Agent – Yes
- Company Secretary – Yes
- Local Directors – Min. 1 local or EEA Resident required
- Local Meetings – No
- Government Register of Directors/Managers – Yes
- Government Register of Shareholders/Members – Yes
Annual requirements
- Annual Return – Yes
- Annual Return Filing Fee – Euro 40
Accounts
- Requirement to prepare – Yes
- Audit Requirement – Yes, but small company exemption
- Requirement to file accounts – Yes
- Publicly accessible accounts – Yes
General corporate information
Type of law
Principal corporate legislation
Company information
Procedure to incorporate
Language of legislation and corporate documents
English.
Registered office required
Shelf companies available
Time scale to incorporate
Compliance
Authorised and issued share capital
There is no capital duty payable on the authorised capital. There is a 1% capital duty payable on the issued share capital. There is no maximum authorised capital. The minimum issued capital is two shares of par value.
Classes of shares permitted
Bearer shares
Financial statements required
Taxation
- Trading Income – 12.5%
- Passive Income – 25%
- Manufacturing, Software and certain Financial Services Operations – 10% being phased out up to 2010, then 12.5%
- Collective Investment Funds – 0%
- Shipping – Special tonnage tax regime – Nominal tax up to €5 million per annum
- Patent Income – 0% generally on Irish invention
Double taxation agreements
Our company licensing services
— What we do and do not do
Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency or financial related business activities.
TBA & Associates Tax Business Advisors does not provide or carry out any sort of Cryptocurrency or Financial services!
Disclaimer: While TBA & Associates strives to make the information on this website as timely and accurate as possible, the information itself is for reference purposes only. You should not substitute the information provided in this article for competent legal advice. Feel free to contact TBA Customer Services for advice on your specific cases.