How to open a company in Ireland?

Organizational and legal forms

In the Republic of Ireland today it is possible to quickly register the following types of companies:

• Affiliate.
• Branch of a foreign enterprise.
• Joint stock company “Private Company Limited by Shares”.

Requirements for the company

• When it comes to legislation, the Companies Ordinances (1961-1990, as amended in 1999) should be taken into account.
• Requirements for company names. Registration of names on the territory of this country differs in some nuances. Of course, the name must be unique and not be similar to existing ones. In addition, the mandatory norm is the ending Limited (Ltd). If there is a need to use words such as Royal, Group, Holding, Bank, Building Society, Credit Union, Chamber of Commerce, Co-operative and Insurance, approval from the Financial Control Commission will be required.
• The size of the authorized capital is at least 2 Irish pounds. There are no payment requirements.
• Requirements for the staff of the company. There must be at least 2 directors, and one of them must be a resident of the Republic of Ireland, both are legal entities. Shareholders can be non-residents of the country, one - an individual, the second - legal (two shareholders minimum). The use of the nominee position of director and nominee shareholders is permitted. Another plus is that there are no requirements for identifying the real / real owner (beneficiary) before the state authorities of the country. Meetings of shareholders can be held in other states, the place of storage of minutes is also not regulated.
• The legal address of the offshore company is registered in Ireland.
• It is allowed to issue exclusively registered shares, and always with a par value. It is impossible to issue shares in the name of the bearer, shares without indicating the par value.
• Confidentiality is achieved through the use of nominal officials: managers and shareholders. This does not allow to establish the real owner of the company.

What is included in the price?

• state fees;
• services of a local agent, as well as the provision of a mandatory legal address on the territory of the Republic;
• preparation of a package of constituent documents of the partnership with subsequent registration;
• notary services, payment for an apostille for company documents;
• full price for nominee service for a period of one year;
• preparation of a nominal power of attorney (one copy);
• organizing the issuance of share certificates, a declaration of trust and a letter confirming the transfer of shares.

Also, for this money, a seal is made, services of courier delivery of the entire package of documents and seals to the territory of Ukraine are fully covered.