1. Can I open a company in Ireland as a non-resident?
Yes, non-residents can establish a company in Ireland, though you'll need either an EU/EEA resident director or a Section 137 Non-Resident Director Bond, plus a registered office address in Ireland.
2. Can foreigners own companies in Ireland?
Yes, foreigners can fully own Irish companies, though shareholders owning more than 25% will need either an Irish PPS number or a Verified Identity Number (VIN).
3. Can shareholders of an Irish company live outside the EU/EEA?
Yes, shareholders can reside anywhere in the world. However, non-resident shareholders owning more than 25% of the company will need a PPS number or VIN.
4. Can a non-resident be a director of an Irish company?
Yes, non-residents can serve as directors of Irish companies, but if there's no EU/EEA resident director, the company must secure a Section 137 Bond valued at €25,000.
5. Can Stamp 4 start business in Ireland?
Yes, Stamp 4 holders can start and own businesses in Ireland without restriction, as this immigration permission grants full rights to establish and operate a business.
6. What happens if I fail to maintain my Section 137 Bond?
Without a valid bond or an EEA-resident director, the company will be in breach of Irish law and may face penalties or deregistration.
7. Can I manage the company remotely?
Yes, you can manage the company remotely. However, you will need a registered office in Ireland and ensure all compliance obligations are met.
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