Single Director Company Directors of Limited Companies incorporated before 01st June 2015 need to consider their Company Designation and Converting Requirements under the Companies Act 2014 which was commenced into law on 01 June 2015. It is now possible to convert your company to a single director company If private limited companies do not act… Read More »
Category: Legislation
Company Designation and Converting Requirements under the Companies Act 2014
Company Designation and Converting Requirements under the Companies Act 2014 The new companies act 2014 came into law on 01st June 2014. There were many reasons why the companies act was consolidated, but one of the main reasons was to help make Ireland one of the easiest places to do business in the world. Directors… Read More »
Register a company in Ireland
What to consider when you register a company in Ireland. There are many considerations when starting a company in Ireland. Many of the considerations will change with new companies act legislation coming into law in June. For now we will concentrate on the considerations for Directors when making a company registration in Ireland. THis article… Read More »
New Companies Legislation
New Companies Legislation The new companies legislation is due to come into law in June 2015. This long awaited piece of legislation is one of the biggest amendments in the history of the state and will concern anyone with a Company in Ireland, and anyone thinking of forming a company in Ireland. The Governments goal… Read More »
Non-Resident Director Bond
Non-Resident Director Bond As discussed earlier (Link to https://www.irishformations.ie/benefits-forming-company-ireland/ ) Ireland is a favorable place for a company formation. Section 137 (Section 43 of the old Act) of the Companies Act requires every Irish Company to have at least one Irish-resident director. With the Amendment of the Companies Act in 2009 this regulation was softened insofar… Read More »
Company Formation with Limited Liability
Company Formation with Limited Liability in Ireland By Wiebke Wolter Before starting your business in Ireland you have to decide what type of entity you require, i.e. whether you would like to trade as a Sole Trader/Partnership, Limited Company or Unlimited Company. A very important aspect influencing this decision is the one regarding the limitation… Read More »
Company Secretary duties
Company Secretary duties By: Wiebke Wolter A Company Secretary duties is a required function for every company that is registered under the Companies Act 1963-2013 in Ireland. The Secretary can either be an individual or a body corporate (but not to itself). The immediate disclosure of the Secretaries personal information such as name, address, and… Read More »
SEPA Single Euro Payments Area
SEPA Single Euro Payments Area SEPA Single Euro Payments Area regulations are coming into effect on 01st February 2014. It will apply across 32 European countries, including Ireland, and will make it easier for you to transfer or receive funds. If you are a business or a customer it will affect you even if you are… Read More »
Corporation Tax In Ireland
Corporation Tax In Ireland In certain circumstances, new start up companies can qualify for 0 percent corporation tax in Ireland. Section 34 of the Finance Act 2011 provides for the extension of a 3-year tax relief. The scheme which provides relief from corporation tax on the trading income and certain gains of new start-up companies in… Read More »
Changing a Director in a Company
Changing a Director in a Company. From time to time it may necessary to retire or appoint a new company director. Changing a director in a company can be done relatively quickly. Currently all companies are required to have two Directors in a company, but legislation has been published which will change this. Once the… Read More »