Ireland

Personal income tax

Standard rate of income tax at 20% and higher rate at 40%. Universal Social Charge (USC) rates between 0.5% and 11%.

Corporate income tax

6.25% (R&D), 12.5% and 25%.

Exchange restrictions

None.

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 Christopher (Saint Kitts) and Nevis, San Marino, St. Lucia, St Vincent & the Grenadines, Turks & 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.

Permitted currencies

All major currencies are permitted currencies- S66(2) of the Companies Act 2014.

Minimum authorised capital

No minimum requirement.

Minimum share issue

€1.

Shelf companies

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.

Incorporation fees

€50 - €100.

Annual fees

€20 - €40.

Minimum number

One for LTD; two for all other company types.

Residency requirements

Every company must have one EEA resident director unless surety of €25,000 provided.

Corporate directors

Not permitted.

Meetings/ frequency

At the discretion and convenience of the directors.

Disclosure

Yes.

Bearer shares

No.

Minimum number

One.

Public share registry

The public access to the Beneficial Ownership Register is currently closed due to the CJEU privacy case C-37/20.

Meetings/ frequency

AGM can be managed through written resolution.

Annual Return

Yes.

Audit Requirements

Yes.

Registered office

Yes.

Domicile issues

No.

Company naming restrictions

Yes.