Irish Company Registration | Irish limited company
A type of business entity created in Ireland in accordance with the Companies Act of 2014 is an Irish limited company. It has independent legal status from its owners and its own obligations.
An Irish limited company's shareholders are its owners, and they are only liable for the amount of share capital they have contributed to the business. This indicates that they are not personally responsible for any further debts or responsibilities of the business.
Irish limited corporations must have a company secretary and at least one director. The company secretary is in charge of making sure the firm complies with all legal requirements, while the director(s) are in charge of overseeing the day-to-day activities of the company.
Irish limited firms must keep accurate accounting records and submit an annual return to the firm's Registration Office (CRO). On their profits, they must also pay corporation tax.