Ireland has a business-friendly environment for people around the world. Businesses can get a skilled workforce and strong global links in the place. Whether it is a large multinational or a sole trader just starting out, they will find out that Ireland offers the support infrastructure & support. The business trend is not slowing down and it is a great place to start a company of your own. Are you looking to set up a business bank account in Ireland? Fill the requirements for the instant bank account setup.
The different types of corporate entities are when starting a business in Ireland is as follows –
- Sole Proprietorship
- Private or Public Limited Company
There are different types of variants depending on the liability to be managed. The Irish company registration office ensures a list of legal corporate identities. The system is a bit complicated and there are agencies that help to set up a business in Ireland. It is easy to open a business bank account in Ireland for a foreign corporate entity. Contact an agency or expert professional for consultation on business bank account formation.
What are the documents needed for opening a business bank account?
Here is the list of documents needed for a bank account –
- Opening of deposit
- Are you a new customer? Provide evidence of your bank history to prove that you are reliable
- Business name certificate
- Evidence of partnership – If Applied
- Memorandum and articles of association and Certificate of Incorporation
- Business location proof
- Sample signatures with user authority
- A valid bank mandate form that is having authority to open an account
- 2 forms of ID – a photo form like a passport and individual opening of account
The non-residents are also allowed to open a bank account in a European country like Ireland. Contact the bank directly and ask for help if you have a business that isn’t registered in Ireland. Depending on the business type and registration, it will be allowed to open a business bank account. Banks ask for you to visit the branch near you in person to present the documents. Visit a branch in your home country if you are choosing a global banking brand. A business bank account can be opened online, but the business owner needs to visit the branch to show the original documents.
It is straightforward to open a bank account in Ireland you show up at the branch with correct documents. It should include proof of identity and address. If you are looking to start a business in Ireland then it is important to contact the bank professionals for the same.