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Doing Business in Ireland

Starting a Business

Standardized Company
Legal Form: Private limited company
Minimum Capital Requirement: 0
City: Dublin

Registration Requirements:

Procedure 1. The founder swears before a Commissioner for Oaths

Time to complete: 1 day
Cost to complete: EUR 10

Comment: A director or secretary or solicitor engaged in the formation of the company must swear (on the statutory form for incorporation) that the (relevant) provisions of the Irish Companies Acts have been complied with and must declare that the company will be carrying on an activity in the State when the company has been incorporated.

Procedure 2. File necessary materials with the Companies Registration Office (CRO)

Time to complete: 10 days
Cost to complete: EUR 50 with pre-approved memorandum and articles, EUR 100 for standard registration

Comment: There are currently three methods by which a company may be registered at the Companies Registration Office here in Ireland and these are listed as follows:

1. The Companies Office operates a CRO disk system, where the papers for incorporation are lodged in electronic form and also hard copy. The Memorandum and Articles of Association submitted under this scheme must in a pre-approved format agreed by the Companies Office. and oOnce the documents are lodged, the Companies Office takes 5 working days to incorporate the company.

2. The Companies Office operates a "Fe Phrainn" system where again the Memorandum and Articles submitted to incorporate the company must also be in a pre-approved format. Documents submitted under this scheme are in hard copy only and the Companies Office takes 10 working days to incorporate the company.

3. A hard copy of the documents is submitted to the Companies Office, where the Memorandum and Articles of Association are not in a pre-approved format. In this instance the Companies Office takes between 2-4 weeks to incorporate the company.

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