Start a company in Ireland

1Office is a company that has helped non-resident entrepreneurs to start their businesses in different countries for more than 15 years. Our wide-ranging experience, professionalism and human touch describe our services the best.

Why to choose the starting package?

The starting package is for small and starting companies with a planned annual turnover of less than 37 000 EUR (do not need a VAT number). The package is based on annual subscription. You don’t have to worry about paying invoices every year manually. The subscription system does the work for you. Our team of professional lawyers, accountants and assistants will help you with every business problem you might run into. Our platform my1Office is available for all our clients – it is a convenient platform for managing and accessing your post digitally, for getting an overview of your finances and for creating sales invoices. You’ll also find useful articles, knowledge base, calendar and much more inside my1Office platform.

Why to start a business in Ireland?

Ireland is a place that attracts a lot of business. It is a wealthy country and one of the most open and export-driven economies in the world. Ireland is also digitally quite developed.

Here is a list of some main reasons why many people decide to start their business in Ireland:

• Stable and outward looking economy
• The only country in the Eurozone with English as the main language
• A member of the EU, Eurozone, and OECD
• A perfect option for non-EU residents (including UK residents) to start an EU company from distance
• One of the most favourable tax systems and Double Taxation Treaty Network
• Competitive starting and managing costs
• Geographic position and connectivity
• Youngest population in Europe – lots of highly educated, active and talented workforce

If you want to learn more, read an article on Why to Start your business in Ireland.

My Company includes:

• Company formation
• Registration of beneficial owner
• Registration of corporate tax

Company Formation

Company formation is quick and easy. Just fill out the registration forms, sign the documents, send to us by email and we will submit documents on your behalf. Directors of an Irish company are required to have an Irish ID number, a PPSN, a RBO or VIF number.
Irish company registration will take up to 3 weeks from submitting to registration office.

Included in the price:

• VIF number application
• State fee
• Specialist support

Process flow:

• Fill in simple forms
• If you do not have PPSN or RBO number, we will send you VIF application form to be signed and notarized in your home country
• We will go over the information and send you the application that needs to be signed. Please print it, sign it and upload it back to the my1Office.
• All necessary documents will be delivered to the Companies Registration Office. The estimated processing time is up to 3 weeks and the registration certificate will be sent to the company’s official e-mail address.
• You can start your business activities.

Important information:

• At least one of the directors is required to be resident in a member State of EEA (member states of EU plus Iceland, Liechtenstein and Norway). If none of the directors is resident in EEA, mandatory bond to the value of €25,000 and for the period of two years is required prior to company formation.
• In case a bond is required, company formation process is longer and will be completed after the Companies Registration Office has received the bond from insurance company.
• The bond is provided by a Third Party insurance company and is non-refundable. The cost of the bond for two years is 2000 EUR + VAT.
• Please note that service contract with 1Office is subject to certain acceptance procedures. KYC (Know Your Customer) procedure includes the verification of the identity of directors, shareholders, beneficial owners, and collecting general information about the business.

Mandatory registrations

All Irish companies are obligated to submit the data of the person who benefits from the company’s activities’, or so-called beneficial owner, to the Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (RBO). A beneficial owner is a private person who directly or indirectly holds the company shares or voting rights or otherwise exercises control over the company. We will help you with determining the beneficial owner, preparing and submitting the registration documents to the RBO.
It is also mandatory for all Irish companies to register for Corporate Tax within one month of trading.

Included in the price:

• Preparing and submitting beneficial ownership documents to the RBO
• Certificate of Beneficial Owners
• Preparing and submitting application for corporate tax

Important information:

• 1Office can assist you with PPSN registration for an additional fee. To order the service, please contact us.
• Many service providers, including banks, accounting firms, law firms, are required to identify their customers and their beneficial owners. Service providers can decline services if the beneficial owners registration is not completed. Service providers are also obligated to report to the authorities any deficiencies or inconsistencies in the beneficial owner details.

My Virtual Office includes:

• Registered address
• Company’s secretary service

Registered address

Registered local address is mandatory for every Irish company. The registered address will be shown in the Companies Registration Office, therefore will be publicly available to everyone, and all the official letters will be sent to this address. The address must be a physical location, not just a post office box number. It also serves as the official correspondence address for delivering official government mail from the Irish Tax and Customs and Companies Registration Office.

Included in the price:

• Company’s registered address
• Company’s administrative address for receiving mail
• Mail sorting and forwarding
• Access to my1Office platform
• Sales invoices module for creating and sending out invoices

Company’s secretary service

Every Irish company is obligated to have a company Secretary named on company documentation. This role is appointed when setting up a company in Ireland and outsourcing this role to a professional service provider is the easiest option.

Included in the price:

• Registering Secretary in the Companies Registration Office
• Countersigning company’s documents prepared by 1Office
• Access to my1Office platform.

Important information:

Irish company is required to file the First Annual Return after six months from registration.
Failure to file the report on time will result in losing accounts audit exception. Preparing and filing the company’s First Annual Return is available for an extra tee of 100 EUR + VAT.
Company seal is a tool for embossing the name of the company on legal documents – the seal ensures authenticity and acts as the signature of the company. Seal is available for 70 EUR + VAT.
My Virtual Office is a yearly subscription service. The period of one year starts from the date the service is bought.
The fee for the next year’s period will be issued from your credit card on the first day of the month prior to the end of service period.
Access to documents in my1Office account after termination of contract is subject to the fee of 50 EUR.