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An Irish company is also mandated to have a Company Secretary who is responsible to fulfill statutory obligations, such as maintaining the companyu2019s books and filing Annual Returns timely.
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Profincom ltd Professional Business and Accounting Boutique Firm
Since the inception of our companies, we have been supporting both private and institutional clients in various challenges related to business and project management as well as complex asset engineering and wealth management strategic matters. Our values are built on a true understanding of each individual client and their unique needs. Our management and advisory boards and the international network of partner companies are comprised of highly qualified finance, fiduciary, asset and wealth management professionals that are committed to the firm and share the same value for excellence insuring our ability to identify bespoke solutions for our customers through close relationships with the most prestigious financial institutions within EEA and Switzerland. Our company is committed to its independence, integrity and reliability and works exclusively for the benefit of our clients without any conflicts of interests. AboutUs
things that you must be aware of before you register a company in Ireland. • A Unique and Distinguishable Company Name • The name you want to propose for your Irish business must be unique and clearly differentiable from the names of all other registered Irish companies. Plus, remember three things: • Using certain words such as bank, insurance, and group will need special permission. • Non-descriptive words like services, solutions, Ireland, holdings, and international are not enough to distinguish your company from other companies’ names. Thus, try choosing an entirely unique name. • Names that offend in any way or imply state sponsorship also get rejected. • Deciding on the Company Type • For most entrepreneurs and business owners, a Private Limited Company (Ltd) is the most common choice in Ireland. However, you can also choose from different types, such as Designated Activity Company (DAC), Company Limited by Guarantee (CLG), and Public Limited Company (PLC) depending on your business nature and other factors. • The Constitution for LTD. Companies • In Ireland, a Constitution for Private Limited Companies (LTD) was introduced under the Companies Act 2014 that replaced the Memorandum and Articles of Association. This Constitution allows LTD companies to trade in any legal business activity. Besides, you will also need to select a NACE code before company incorporation. • Requirement for a Registered Office • A registered office is the official address of a company and must be located in the Republic of Ireland. All official communication and correspondence will be posted to this address. The address of your registered office doesn’t have to be the same as the trading address of your company. • The Directors of Your Company • A Director of a company is a person who is appointed to run and manage the company on behalf of the company’s owners i.e. shareholders. At least one of the proposed directors of the company must be a resident of the European Economic Area (EEA). If you don’t have an EEA-resident director, you can enter into a Section 137 Non-Resident Director’s Bond that can be arranged by Company Bureau. A Private Limited Company can also have one director but, in that case, it will need to appoint a separate Company Secretary.
In Ireland, we have a tradition of precision and reliability – our approach to delivering of our services is no different. By leveraging our experience and creativity, we aim to exceed expectations. We understand that no two clients are alike, and therefore make it a priority to get to know our clients and their unique needs before presenting a solution. CORPORATE BANKING ACCOUNTING & TAX
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