Why Set Up a Company in Ireland?
- Companies in Ireland draw benefit from a low corporate tax rate (12.5%), double taxation agreements with over 70 countries and other tax incentives.
- The workforce is educated and English-speaking, so employee hiring in Ireland is quite convenient.
- Government policies in Ireland favour foreign investment, including research and technology-oriented activities.
- Ireland consistently ranks in the Word’s Bank’s index of top countries to do business in.
How to Register a Company in Ireland?
The Irish authority in charge of registering a company in Ireland is the Companies Registration Office (CRO). The steps to register a business in Ireland are:
- Register your business name in Ireland. The name must be unique, i.e., not already booked by another business in Ireland. This might require you to conduct a company check in Ireland.
- Decide upon the structure of company incorporation from among a private company, designated activity company, public limited company, unlimited company, sole proprietorship or branch.
- Prepare the Memorandum of Association (MOA) of the company.
- Submit a company application form to the Companies Registration Office in Ireland.
- Appoint the directors and secretary of the company.
- Pay an initial government license fee for getting your company incorporated.
- Subsequently, you shall receive a Company Registration Number in Ireland.
- Design a company seal.
- Get a corporate bank account opened for your company.
Documents Required for Ireland Company Registry
- Memorandum and Articles of Association (MAA)
- Information about the type and location of activities the company would be carrying out
- Personal details of the shareholders, directors and secretary
- A statement of the authorized and issued share capital
- Proof of registered office address of the company