Is an Irish resident director essential for my Irish company?
While it's feasible to establish a company in Ireland without an Irish resident director, the Companies Act 2014 mandates that at least one director residing within the EEA (European Economic Area) be appointed. The nationality of a potential director doesn't impact this stipulation. For instance, an Irish national residing in Australia cannot singularly direct an Irish firm.
While not legally binding, for tax residency reasons, it's prudent to have a director based in Ireland or an employee residing there.
Should you wish to establish an Irish company but the current directors are residents of a non- EEA region, considering our Irish and EEA resident director service might be beneficial. Alternatively, obtaining a Section 137 Revenue Bond is another viable option.
Why opt for an Irish Resident Director?
The domicile of the Company Director/s plays a pivotal role in discerning the primary management and control location of the firm. If the company's control predominantly resides outside Ireland, an Irish Director becomes indispensable for tax registration, initiating a corporate bank account, and ensuring the firm is acknowledged as a tax resident within the country.
The domicile of the Company Director/s plays a pivotal role in discerning the primary management and control location of the firm. If the company's control predominantly resides outside Ireland, an Irish Director becomes indispensable for tax registration, initiating a corporate bank account, and ensuring the firm is acknowledged as a tax resident within the country.
Insights on our EEA Resident Directors
Our affiliate financial partners offer local Irish and EEA resident director services that bring seasoned Irish and EEA resident directors to your company’ board. For a comprehensive and confidential consultation, we encourage you to reach out to us at:
Free consultation
+353 868 968 279