Company Formation Checklist
1. Select your Limited company name and trading name if necessary.
Every Irish Company must register their Limited Company name with the Companies Registration Office. As part of your Incorporation package, Irish Formations do this on your behalf. We will let you know if your name is not accepted. You can search for it on our website or call us and we can do this for you. Your company name research check is free of charge as part of our company formation checklist.
2. Decide the principle activities of the company.
This is a detailed description of what your company activities will be. This information forms part of your application which we are approved by the Companies Registration Office. Objects are no longer required under the new companies act.
3. Select the Company Officers
The company officers you must outline as part of your application are the directors who will work in the business on a day to day basis. To incorporate a business in Ireland there must be at least two officers to act as director & Secretary for a Private limited company by shares (LTD). There must be a Company Secretary who has the responsibility of filing all company documentation. Irish Formations can act as this role. For more information click HERE
4. Decide on the Share Capital Options
Each shareholder will own a number of shares in the company. A company has an authorised share capital & issued share capital. For a Private Limited Company (LTD) Authorised share capital is not required. We would recommend the authorised share capital to be 1,000,000 shares at €1 each if necessary. We would recommend the issued shares to be 100 shares at €1 each, divided equally among the share holders. If there is only one share holder, then the company is referred as a single member company and all issued shares are held by one individual.
5. Select all shareholders.
Under Irish Legislation, all your shareholders can be foreign, and only one shareholder is required in a company Incorporation.
6. Select your Registered Office
Post Office (P.O.) boxes are not permitted as registered offices of a company. The Registered office is where all company documentation will be sent to. This address does not have to be your trading address. We can organise a Registered office address for you. For more information on how to get 6 months free click HERE