GENERAL INFORMATION

Total area - 70,273 sq km
Population - 4,773,000
Political status - Republic
Capital - Dublin
Official language - English, Irish
Official currency - Euro (EUR)
Time zone - GMT +/-0

 

Basic Information
1. Political Stability1. Good
2. British Based Legal System2. Yes
3. Type of Company3. LP
4. Migration of Domicile Permitted4. Yes
5. Tax by Jurisdiction on Offshore Profits5. Nil
Corporate Requirements
1. Minimum Number of Shareholders
1. -
2. Minimum Number of Directors/Officers
2. Two
3. Corporate Directors Permitted
3. Yes
4. Secretary Required
4. No
5. Standard Authorised Capital
5. EUR 100
6. Bearer Shares Permitted6. No
Local Requirements​
1. Registered Office/ Registered Agent
1. Yes
2. Company Secretary
2. No
3. Local Directors
3. No
4. Local Meetings
4. No
Due Diligence / Disclosure
1. Due Diligence Required
1. Yes
2. Disclosure of Beneficial Owner on Public File
2. No (*BA)
3. Government Filing of Register of Directors/Officers
3. Yes
4. Government Filing of Register of Shareholders
4. -
Annual Requirements
1. Annual Return
1. Yes
2. Audited Accounts
2. No*
Shelf Companies AvailableNo
Days to Incorporate Companies on Request (Approx.)5
Tax Treaties AccessNo

*BA – Only to Registered Agent

*- If all the partners are individuals the Partnership does not have to file financial statements.

 

Notes:

  • In general, Ireland is a jurisdiction with a standard level of taxation. However, Irish legislation provides the opportunity for registration and operating of companies with a zero rate of tax - the Limited Partnerships (L.P.).
  • The favourable tax regime of a L.P. is based on its “pass-through” status in that all profit received by the L.P. is considered to be transferred to its partners. Accordingly, if the partners are resident in a taxpaying jurisdiction, they will be obliged to pay tax in their country of residence proportionally to their share of participation in the Limited Partnership.
  • In Ireland there are certain obligations, including preparation of financial statements, which must be fulfilled by every type of company, including a L.P.

Contact us

Igoumenitsas 12,
CONNECTEDSKY HOUSE, P.C. 2027,
Strovolos, Nicosia, Cyprus

Tel:
70003517 in Cyprus
+357 22258800 from abroad

Fax:
+357 22258801

Email: info@connectedsky.com