establish a subsidiary in ireland
TRANSCRIPT
Establish a Subsidiary in Ireland
A presentation brought to you by our experts in company registration in Ireland
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What Is an Irish Subsidiary?
• The Irish subsidiary is an independent legal entity from the parent company and may have a full foreign ownership.
• The parent company’s liability will be limited to the share capital invested in the subsidiary.
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Why Open a Subsidiary in Ireland?
• Ireland is a very attractive destination for foreign investors wanting to open companies due to its taxation system and low corporate rates.
• The subsidiary is the most popular small or medium-sized form of business foreign investors choose to open in Ireland.
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Requirements to Open a Subsidiary in Ireland >>
• Subsidiaries in Ireland are treated like any other domestic entities, therefore they will benefit from the same facilities in terms of taxation.
• Our company formation experts in Ireland can help you comply with all the requirements in order to set up a subsidiary.
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>> Requirements to Open a Subsidiary in Ireland
a minimum number of two directors; one of them must be an Irish resident;
a minimum share capital (25% of the amount must be paid upon incorporation);
a registered office in Ireland;
a secretary;
a maximum number of 99 shareholders.
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• The mandatory requirements when opening a subsidiary in Ireland are:
Steps to Establish a Subsidiary in Ireland >>
• The first step when opening an Irish subsidiary is to prepare the Memorandum and Articles of Association of the company.
• If the foreign shareholder incorporating the subsidiary is a foreign entity a resolution for the incorporation must also be prepared.
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>> Steps to Establish a Subsidiary in Ireland
• Once all documents are ready they must be submitted with the Commercial Registration Office in Ireland.
• After the Trade Register releases the Certificate of Incorporation of the new subsidiary, the registration for taxation purposes with the local tax office must be completed.
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Documents for Incorporating an Irish Subsidiary
• The documents required to register a subsidiary in Ireland are:
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the Memorandum and Articles of Association;
the resolution of the foreign company confirming the incorporation;
the specific application form from the Irish Trade Register.
Company Registration Services in Ireland
• The representatives of our main company specialize in company formation and tax consultancy.
• We also offer legal advice in certain aspects of commercial and corporate law.
• You can refer to our Irish specialists in company formation for information about company registration.
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Thank you for your attention!
• For more information, please contact us at:
(+44) 203-287 0408 (for international clients)
http://www.irelandcompanyformation.com/10