Company Formation in Ireland - Chern & Co

1. COMPANY FORMATION IN IRELAND: CHERN & CO WWW.REGISTERCOMPANY.IE

2. Ireland has rapidly become one of the most business-friendly countries in Europe, attracting entrepreneurs, investors, and global companies alike. With its competitive tax rates, strategic location, and highly skilled, English-speaking workforce, Ireland is an ideal location for starting a business. Whether you're establishing a local startup or expanding internationally, company formation in Ireland is a strategic move — and partnering with professionals like Chern & Co ensures the process is smooth, compliant, and efficient.

3. Why Choose Ireland for Company Formation? www.registercompany.ie

4. Ireland offers several distinct advantages for business formation: Low Corporate Tax Rate: At just 12.5%, Ireland’s corporate tax is among the lowest in the European Union. EU and Global Market Access: Ireland is a full EU member, giving companies access to over 500 million consumers and favorable trade agreements. Skilled Workforce: Home to one of Europe’s youngest and most educated workforces, with strong expertise in tech, finance, and professional services. Startup Support: Government programs offer grants, mentoring, and R&D tax credits to support business growth. Global Business Hub: Ireland hosts the European headquarters of major multinational corporations like Google, Meta, Apple, and Pfizer.

5. Common Company Structures in Ireland Before forming a company, it's essential to choose the right legal structure. The most common types include: 1. Private Company Limited by Shares (LTD) Most popular structure for SMEs and startups. Shareholders' liability is limited to the amount unpaid on their shares. Only one director is required, and the company does not need to state its objectives in its constitution. 2. Designated Activity Company (DAC) Suited to businesses with a specific, clearly defined activity. Requires two directors and a company secretary. Often used by regulated entities or special purpose vehicles. 3. Company Limited by Guarantee (CLG) Common for charities, non-profits, and sports clubs. No share capital; members’ liability is limited to a nominal guarantee amount. 4. Public Limited Company (PLC) Suitable for companies looking to raise capital from the public or list on a stock exchange. Requires at least two directors and €25,000 minimum share capital.

6. Steps to Forming a Company in Ireland Step 1: Choose a Company Name Your business name must be unique and not closely resemble any existing company names on the Companies Registration Office (CRO) register. Chern & Co can help check availability and secure the name for you. Step 2: Decide on the Company Type Choose a structure that fits your business goals. The LTD company is generally the best choice for most small businesses and startups due to its simplicity and flexibility. Step 3: Appoint Directors and a Company Secretary A minimum of one director is required for an LTD. If there’s only one director, you must appoint a separate company secretary. At least one director should be a resident of the European Economic Area (EEA). If not, a Section 137 bond is needed — a service Chern & Co offers.

7. Step 4: Provide a Registered Office Address This must be a physical address in Ireland where legal documents can be delivered. Chern & Co offers a registered office service in Dublin for clients needing a local address. Step 5: Draft the Company Constitution The constitution sets out the company’s internal rules. For LTDs, this is a simple, single-document constitution. Step 6: File with the CRO Submit Form A1 and the Constitution through the CORE (Companies Online Registration Environment) system. Upon approval, you'll receive: A Certificate of Incorporation A unique Company Registration Number (CRN) Step 7: Register for Taxes After incorporation, register with the Revenue Commissioners for: Corporation Tax VAT (if your revenue exceeds the threshold or you trade internationally) PAYE/PRSI if you plan to employ staff Chern & Co handles all necessary tax registrations on your behalf.

8. Why Choose Chern & Co? Based in Dublin, Chern & Co is a leading Irish company formation and legal services provider. With years of experience working with both Irish and international clients, they make company formation easy, fast, and fully compliant. Services Provided by Chern & Co: Company Formation: Get your company registered within 1–3 business days. Registered Office Address: Use their professional Dublin office as your company’s legal address. Director Bond Service: Required for non-EEA residents — Chern & Co can secure this quickly. Company Secretary Service: Fulfill legal obligations and maintain statutory registers. Tax & VAT Registration: Ensure your company is set up with Revenue correctly from day one. Ongoing Compliance Support: Annual returns, financial statements, CRO filings, and more. They specialize in helping international founders navigate Irish business law and banking requirements, even offering bank account assistance and non-resident packages. Forming a company in Ireland opens up opportunities for business growth, tax efficiency, and EU market access. While the process is relatively straightforward, it’s critical to get it right from the beginning. That’s where Chern & Co comes in — offering expert guidance, legal protection, and full administrative support every step of the way.

9. Contact Us! WWW.REGISTERCOMPANY.IE