Foreign investors interested to establish a company in Ireland
should perform several steps in order to incorporate the business
in accordance with the stipulations of the local legislation. One of the legal requirements in this sense refers to the minimum share capital
, which varies in accordance with the legal entity chosen by the businessman. The registration of the minimum share capital in Ireland
is established by the Companies Act 2014
; the Act set out new rules regulating the registration and activity of companies in Ireland
, offering a more flexible perspective, advantageous to both local and foreign entrepreneurs. Our team of Irish solicitors
can provide legal assistance related to the minimum share capital
, as well as for any other aspect of the incorporation process.
The minimum share capital for limited companies in Ireland
The Companies Act 2014
has brought many changes for the legal entities
available in Ireland
, one of the main modifications referring to the types of limited companies. The limited company
is the most popular type of company registered in Ireland
due to its stipulations on shareholder’s liabilities. As a general rule, the shareholders are only liable to the amount of shares owned in the business and they can’t be held responsible for the company’s debts; our attorneys
can offer more details in this sense.
The Companies Act established the following minimum share capital for the limited companies in Ireland:
• private limited liability company – there are no requirements related to the minimum share capital;
• designated activity company – no requirements in this sense;
• designated activity company limited by guarantee- does not require a minimum capital;
• company limited by guarantee –the company can be registered without depositing a share capital;
public limited company – the minimum share capital
for this type of company is set out at minimum EUR 25,000; 25% of this sum should be deposited before the company starts its business activities.
Share capital – definition
refers to the sum of money deposited by investors, who, in return, will receive shares in accordance to their contribution to the company’s assets. Persons who want to invest their finances in an Irish company
should be familiar with the provisions of the Companies Act
related to this legal requirement.