Moving from Sole Trader to Limited Company

Moving from Sole Trader to Limited Company Moving from Sole Trader to limited company takes some planning. We are contacted by many Sole Traders and Partnerships who are considering the move to limited company, and want to ensure it is done in the right way. Your main consideration for moving to a limited liability company… Read More »

What is a Single Member Company formation in Ireland?

What is a Single Member Company formation in Ireland? What is a single member company formation in Ireland? A single member company incorporation is where a company has only one shareholder owning 100% of the shares of the company. To form a single member company limited by shares, one director is required and a separate… Read More »

Your responsibilities as a company director.

Your responsibilities as a company director. If you are a company director, or if you are about to become a company director, and are in the process of setting up a company in Ireland, its important to know your responsibilities as a company director. Your responsibilities as a company director. are wide and diverse. Their… Read More »

Single Director Company

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 »

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 »