Ireland company Registration Procedures and Fees
Unless otherwise indicated, the Ireland company stated in this quotation refers to a private company limited by shares formed and incorporated in Ireland in accordance with the Ireland Companies Act 2014.
Our fees for the registration of private company limited by shares in the Ireland is EUR3,620. The fee quoted include our professional registration service, registered office address in Ireland for one year, local company secretary service for one year, application for tax registration and payment of official government fee. In short, the fees quoted included the fees necessary for the registration of Ireland company. For details, please refer to the Section 1 of this quotation.
In order to register a company in Ireland, you will need to provide the identification documents and proof of address of each shareholder and the proposed executive director, the proposed number of shares of the Ireland company, the address of the registered office (if provided by the client), and the main business scope and business models of Ireland company. The required documents and materials are detailed in Section 5 of this quotation.
In general, the registration of the Ireland company takes around 12 to 15 business days (excluding the application time for the registration of the Value-added Tax Taxation Number for the Ireland company).
The fee quoted are applicable to the business which does not require an additional license or permit. If the business to be carried out by the Ireland requires an extra license or permits, Kaizen can help apply for such license or permit and our fees will be quoted upon request.
The fees listed in this quotation are for reference only and the actual fees are subject to the quotation provided by our professional consultants.
- Registration Service Scope and Fees
Our fee for handling the registration of a private company limited by shares with standard Articles of Association in Ireland is EUR3,620. In particular, our fees cover the following services:
(1)
|
Pre- & Post-Incorporation
(a) Answering your questions in respect of the registration and maintenance of a company in Ireland;
(b) Performing name availability search;
(c) Payment of official registration filing fee to relevant authorities;
(d) Drafting the of Association and Articles of Association;
(e) Preparation of incorporation documents and registration forms;
(f) Preparation of board resolution; and
(g) Preparation of compliance corporate kit, including corporate common seal, Share Certificate Book, Register of Members and Register of Director etc.
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(2)
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Registered Office Address
Kaizen will provide a street address in Dublin, Ireland, as the registered office of your Ireland company for one year. Please note that we provide this address for the purpose of registering your Ireland company and is not meant to be used as a physical office for business operation. While providing the registered office service, we will scan and email the mails received to you once a month. This service is limited to two mails per month.
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(3)
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Company Secretary
One of our Ireland company will be acting as the company secretary of your Ireland company. Our role as company secretary is limited to reminding you of the various filing deadlines of your Ireland company.
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(4)
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Register of Beneficial Ownership
Ireland incorporated companies and other legal entities (“Relevant Entities? are obliged by Part 3 of the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (S.I. 110 of 2019) (the ?019 Regulations? to file details of their beneficial ownership with the Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (the “Central Register?. This information includes the name, nationality and month and year of birth, country of residence and extent of beneficial ownership.
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(5)
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Corporation Tax Registration
Immediately after your Ireland company is duly registered, Kaizen will proceed to handle the registration for Corporation Tax for your company with the Revenue.
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Note: This package includes the service fees and official registration fee. However, this package does not include the courier fee, if any.
- Optional Services
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No.
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Services
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Fee (EUR)
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1
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Non-EEA Resident Directors Bond(Note 1)
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1,960*/2 years
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2
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Personal Public Service Number (PPSN) (Note 2)
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250
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3
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Bank account set up (Note 3)
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900
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4
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Notarisation and legalization of corporate documents (Note 4)
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TBA
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Note:
(1)
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Companies incorporated in Ireland must have at least one Director resident in a member state of the European Economic Area (EEA). However, there are certain circumstances where an exemption from this requirement may be obtained. Where a company holds a bond in the prescribed form, it may avail of an exemption from having an EEA resident Director. Non-EEA Resident Directors Bond valid for 2 years, it can be renewed after two years, or replaced by EEA resident directors. *The Fee of EEA resident director replacement bond may adjust upon further information.
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(2)
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Company directors of Ireland companies are required by law to apply for and obtain a Personal Public Service (PPS) number. Any individual shareholders who are in receipt of dividends must also apply for a PPS number. A PPS is a unique identifier given to you that helps you access social welfare benefits and public services in Ireland. You may need your PPS number to communicate with public bodies, such as the Irish Revenue Commissioners, or persons authorised by those bodies to act on their behalf.
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(3)
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Kaizen will help your Ireland company to open a corporate account with a local bank in Ireland. Please note that the bank may require a simple majority of the directors to visit their branch personally for the purpose of due diligence requirements. Our services are limited to providing assistance, including preparation of certified incorporation documents as required by the bank, pre-screen of account application documents, liaison with bank officer and arrangement appointment with the bank for you. Bank has the sole discretion to approve the application for opening an account. Kaizen should not be liable for the account opening result nor refund service fee.
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(4)
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Kaizen can help you to arrange to have the registration documents of your Ireland company notarised by Notary Public and/or legalised by the consulate general and in Ireland. Please contact our professional consultants for further details.
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- Payment Term and Payment Methods
Upon receipt of your confirmation of engagement, we will issue and email our invoice together with detailed wiring instructions to you for your settlement. Please kindly mark our invoice number or account number in the message section of the remittance receipt and then send a copy of the same to us for our records. Because of the nature of services, we require full payment in advance. Also, once service is commenced, no service fee will be refunded except special cases.
We accept cash, TT, credit card and PayPal. An extra handling fee of 5% will be charged if paid by PayPal.
- Basic Structure
(1)
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At least one shareholder, an individual director and a company secretary. |
(2)
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At least one director must be a European resident or an insurance policy be taken. |
(3)
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Must have physical street address as its registered office in Ireland. |
(4)
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There is no limit on the number of registered capital shares and issued shares. In general, the registered capital for an Ireland company is EUR100. |
- Materials Required
Client needs to provide the following documents and information to Kaizen by email or fax or post for purpose of incorporation:Client needs to prepare and provide the following materials to Kaizen by email or post for purpose of company registration in Ireland:
(1)
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One photocopy of passport and residential address proof (such as utility bill or telephone bill) in respect of each shareholder; if the shareholder is a corporation, please provide Certificate of Incorporation, Articles of Association, the latest Annual Return, the Registers of Members and Directors, and the passport and address proof of each member holding more than 10% of shares in that company. |
(2)
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One photocopy of passport and residential addresses proof (such as utility bill or telephone bill) in respect of each director; if director is another corporation, please provide Certificate of Incorporation and registered office; |
(3)
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If there are more than two layers in the group, please also provide an organisation chart duly certified by the director of the parent of the Ireland company. |
(4)
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A duly completed incorporation order form (including “Know Your Client?due diligence form) (to be provided by Kaizen); |
The identification documents and address proof of shareholders and directors are subject to certify by Kaizen’s staff, notary offices, attorneys, accountants, or bank managers. You may visit any of our branches to complete the verification if needed.
- Ireland Company Registration Procedures and Timeframe
Under normal circumstances, the company name and the business scope do not need an extra license or permit, the whole process for company registration takes around 12 to 15 days (excluding documents delivery time). The table below shows the procedures with time frame for the registration of an Ireland company.
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Item
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Procedure
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Days
(Estimated)
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1
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Clients could mail out the required materials stated in Section 5 by using E-mail or courier. Client shall pay us our service fee at the same time (and bond fee, if applicable)
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Client’s Schedule
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2
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Kaizen arranges with client to verify the identification documents of the shareholder and director of the Ireland company
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Client’s Schedule
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3
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Preliminary availability check of proposed company name
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1
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4
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Kaizen prepares and email the company activation documents to client for signing
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1
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5
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Kaizen files the application documents with CRO upon receipt of them from the client
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1-2
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6
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The Ireland Companies Registration Office reviews the documents and if it finds everything in order, issues a Certificate of Incorporation
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1-2
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7
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Kaizen proceeds to apply for the PPS number, if applicable
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1
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8
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Kaizen proceeds to Corporation Tax registration
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3-5
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9
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Kaizen will pass the company registration documents to the clients.
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Client’s Schedule
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Total working days
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2 weeks
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- Post Registration Documents
After the registration process is completed, Kaizen will return the following documents and materials to you for your retention and as proof that the company is duly registered:
(1)
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Certificate of Incorporation issued by the Ireland Companies Registration Office; |
(2)
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Registration Form A1 for registration of an Ireland company; |
(3)
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4 standard copies of the Articles of Associations; |
(4)
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A Share Certificate book; |
(5)
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A company common seal; |
(6)
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Documentary Register of Director, Register of Members and board resolution etc.; |
(7)
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A set of Hong Kong CPA certified incorporation documents.
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The above documents are also available for pick up in any Kaizen offices. We can also courier the documents to any address designated by you.
- Annual Maintenance
Each company (limited by shares) registered in Ireland are required to submit an Annual Return every year to the Companies Registration Office. An Ireland company is also required to register for VAT if it provided services valued more than EUR37,500 or sold products for more than EUR75,000 over last 12 months.
In order to provide you with a clearer understanding of the cost to maintain an Ireland company, Kaizen lists out the maintenance costs incurred by an Ireland company each year in the following table.
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Item
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Description
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Fees (EUR)
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Annual Renewal Service Fee
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1
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Basic annual renewal services fee, including annual company secretary, registered office service and filing of Annual Return
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1,785
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|
|
|
|
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Tax Declaration, Accounting and Bookkeeping Service Fee
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2
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Preparation and Filing of Annual Accounts (Dormant)
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400
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3
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Accounting and bookkeeping fee (monthly)
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50+
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4
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VAT Taxpayer registration (one-off)
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450
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5
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Acting as Tax Representative for the purpose of VAT reporting (per annum)
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300
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6
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Preparation and filing of VAT Return (quarterly)
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150+
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7
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Preparation for the Annual Audit Report (Optional) (For the sales amount more than 1 million and employee more than 50 persons, is necessary to declare for the annual audit report)
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1,000+
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8
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Preparation and filing of Corporation Tax Return
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400+
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See also:
Benefits of Establishing a Company in Ireland
Features of Ireland Limited Company (Irish Company)
Irish Revenue Assistances to SMEs in Overcoming COVID-19
Summary of Stamp Duty Rates in Ireland |
