Fact File supplied by
Aileen Keogan Solicitor & Tax Consultant
Greenwich Mean Time in winter and Irish Standard Time in summer
4,757,976 (2016 census)
Dublin, Cork, Galway, Knock and Shannon
International Dialing Code
Statute and common law and EU Directives
Finance, banking, intellectual property, international trust.
Personal income tax
Standard rate of income tax at 20% and higher rate at 40%. Universal Social Change (USC) applies at between 0.5% and 11%.
Corporate income tax
6.25%; 12.5% and 25%.
Tax information exchange agreements
Anguilla, Antigua, Barbuda, Argentina, Belize, Bermuda, British Virgin Islands, Cayman Islands, Bahamas, Cook Islands, Dominica, Gibraltar, Grenada, Liechtenstein, Macao, Marshall Islands, Montserrat, Samoa, Saint Kitts and Nevis, San Marino, St. Lucia, St Vincent and the Grenadines, Turks and Caicos and Vanuatu.
Double Taxation Agreements
Albania, Armenia, Australia, Austria, Bahrain, Belarus, Belgium, Bosnia-Herzegovina, Botswana, Bulgaria, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Iceland, India, Israel, Italy, Japan, Korea, Kuwait, Latvia, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, Norway, Pakistan, Panama, Poland, Portugal, Qatar, Romania, Russia
Double Taxation Agreements (continued)
Saudi Arabia, Serbia, Singapore, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, Ukraine, United Kingdom, United States, Uzbekistan, Vietnam and Zambia.
All major currencies are permitted currencies- S66(2) of the Companies Act 2014.
Minimum authorised capital
No minimum requirement
Minimum share issue
Pursuant to section 18 of the Companies Act 2014, a company shall not be formed or registered unless it appears to the Registrar that the company, when registered, will carry on an activity in the State. Shelf companies are therefore not available.
Timescale for new entities
5-15 working days
€50 - €100
€20 - €40
One for LTD; two for all other company types
Every company must have one EEA resident director unless surety of €25,000 provided.
At the discretion and convenience of the directors
Public share registry
AGM can be managed through written resolution
Company naming restrictions