COMPANY WITH MULTIPLE DIRECTORS
This is an ideal package for a company structure with multiple directors, one of whom has to be a resident of the EU/EEA. In this type of structure, one of the EU/EEA directors could also act as a Secretary of the Company.
COMPANY WITH A SINGLE EEA RESIDENT DIRECTOR
This is an ideal package for a company structure with a single director. For the purposes of incorporation and under the guidelines of the registration regulations, director has to be a resident of the EU/EEA. With a single EU/EEA director set up, it’s a requirement to have an Irish resident nominee secretary which is included, together with an Irish registered office address, in this package
COMPANY WITH A NON-EEA RESIDENT DIRECTOR
This is an ideal package for a company structure with one or multiple non-EU/EEA resident directors. To avoid application for a Non Resident Bond (see below), IrishCompany provides an Irish Nominee Director service for the incorporation purposes. In the scenario, where a non-EEA resident director wishes to remain the single director in the company, Section 43 Bond/Non Resident Bond must be arranged. Setting up a company in Ireland without having an EEA-based director requires a Section 137 Non-Resident Director Bond in force to the value of €25,394.76 respectively. In case of a failure of the company the Bond will be monitised to pay fines and related costs imposed to the company due to offences under the Companies Act 2014 or the Taxes Consolidation Act 1997, e.g. the failure to file annual returns and audited accounts on time or the failure to supply required forms to the Revenue Commissioner. IrishCompany provides assistance in arranging a Non-Residency Bond