Formation:
Approx. 5-10 working days
Shelf Companies:
Not available
Authorised Share Capital:
Unlimited and no restriction on currency
Issued Share Capital:
Minimum paid up share capital = €1
Directors:
- Minimum number of directors = 2
- At least one director must be resident in a member state of the EEA, save in circumstances where a bond has been entered into by the company or the company has successfully established that it has a real continuous link with the State
- Corporate directors not permitted
Secretary:
- Obligatory
- No restriction on residence or nationality
- Corporate secretary permitted
Shareholders:
- Minimum number of shareholders = 1
- Corporate shareholders permitted
Public Filing:
- Audited financial statements must be filed within nine months of financial year-end (exemptions available from audit requirement)
- Annual return must be filed every year
Corporation Tax Rates:
- 12.5% for trading income with “substance” in Ireland
- 25% for all other cases.
Corporation Tax Returns:
Must be filed within 8 months and 21 days of financial year-end.
Capital Gains Tax:
Effective rate of 25% applies on capital gains
Withholding Tax:
Dividends: 20%*
Interest: 20%*
Royalties: 0% or 20%*
Withholding Tax EU/DTA:
Dividends: 0%
Interest: 0%
Royalties: 0%
Withholding Tax Other:
Dividends: 20%
Interest: 20%
Royalties: 0%
Double Tax Treaties:
54 in effect (62 signed)