Europe · Company formation

Company formation in Ireland

An EU operating company with single-market access and a wide treaty network, at a 12.5% trading rate.

Last verified July 2026

At a glance

Entity
Private company limited by shares (LTD)
Corporate tax
12.5% on trading income; 25% on passive/non-trading income; 15% effective top-up for groups above EUR 750m turnover under Pillar Two (QDTT), as of 2026
Incorporation time
~3–5 working days via the Fé Phráinn online scheme; up to ~10 working days under the ordinary online route
Minimum capital
None (no statutory minimum; companies typically issue 100 ordinary shares of EUR 1)
Resident director
At least one EEA-resident director, or a Section 137 bond (EUR 25,000, two-year term). Post-Brexit, UK residents no longer qualify
Audit
Small-company audit exemption available (meet two of three: turnover ≤ EUR 12m, balance sheet ≤ EUR 6m, ≤ 50 employees); conditional on timely annual-return filing
Remote set-up
Yes, fully remote; no residency required to incorporate, with forms signed electronically or under power of attorney
Government fee
EUR 50 (CRO Form A1, filed online via CORE); optional name reservation EUR 25, deducted from the fee if used (as of 2026)
Best for
An EU operating company with single-market access and a wide treaty network, at a 12.5% trading rate.

The process

  1. Check name availability and prepare the company constitution (optional EUR 25 name reservation, valid 28 days)
  2. Appoint at least one director, a company secretary and a shareholder; secure an EEA-resident director or arrange a Section 137 bond
  3. Provide a registered office and a business address within the State
  4. File Form A1 online via CORE with the constitution; the CRO issues the Certificate of Incorporation
  5. Register for corporation tax, and VAT/PAYE if applicable, with Revenue through ROS
  6. Open a corporate bank account
What can go wrong
  • A board with no EEA-resident director must lodge a Section 137 bond (EUR 25,000, two-year term) before incorporation; the bond is renewable and adds recurring cost.
  • The headline 12.5% applies only to trading income; passive income such as rent, interest and foreign dividends is taxed at 25%.
  • Groups with consolidated turnover above EUR 750m face a 15% effective rate under Pillar Two (Ireland's QDTT); most SMEs fall outside scope.
  • The small-company audit exemption is forfeited if the annual return is filed late more than once in a five-year period; opening a bank account for a non-resident-owned company can be slow and substance-driven.

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Form a company in Ireland?

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