Starting up a new company is always exciting. When it comes to Company Registration Ireland, you need to know the exact requirements of the entire process because the Company Bureau in Ireland requires all the new companies to tailor all the requirements of starting a new company. By reading this piece of writing, you will get to know about the basic requirements which are required for Company Registration Ireland. |
Essential Requirements for Company Registration Ireland:
The foremost requirement of Company Registration Ireland is choosing the right name of your business. The name which you propose for your Irish company must be unique and distinguishable from all the other Irish companies. If you want to integrate words like insurance and banks etc in your company name, then will require having complete approval for it. It is better if you don’t incorporate non-descriptive words in your company’s name title since they do not carry any sort of weight in them.
If you confused about the type of companies which are regarded to be successful in Ireland, then it would be important for you to know that setting up a private company in Ireland will give you the maximum benefits. So, start up your company as a private one in order to get the most benefits out of it.
You have to create a Memorandum of Association of your company. Its article A must contain the basic objectives of your company. You also have to select a NACE code for your Irish company too. You can do this by hiring the services of company registration service providers too. They will just ask about the precise activities of your company and will do the rest of the work on their own. The Registered Office of your company must be located in Ireland. It is the address of your company’s location. All the official correspondence letters will be posted to this registered address of your office in Ireland. However, it is also important to know that the trading address of the company must be different than the registered official address. It is an option for the Irish Company Directors to use their home address as the company’s registered address.
Company formation in Ireland requires minimum of two directors to run a Company. There may be shareholders too. People can also hold the shares jointly as well. Irish Legislation gives a great importance to the Company Secretary. He is the person who looks after the legislative requirements and their regulations in the company. He may be the director of the company. He will ensure that the Directors and Employees are following the legislative requirements of the company. The authorized Shared Capital of a new company must be 100,000 euro. Company Registration Ireland requires you to know all the above explained requirements for the process. If you are planning to Company Registration Ireland and want to know about the requirements, then this article is particularly written for you.
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