Ireland holds lot of charm for a businessman seeking to establish a company there. Perhaps one of the easiest things that a business man can do is to seek out the services of a professional incorporation firm that can help him establish operations in the country. There are quite a few firms that offer services related to this area. They can offer support by way of preparing documents and submitting them and serving as a conduit between you and the authorities concerned. There are a few things that are worth bearing in mind while going about registering a company in Ireland.
There is plenty of information on the internet pertaining to company registration Ireland. You can choose to register your company with the Companies Registration Office or CRO which functions under the Department of Jobs, Enterprise and Innovation. Before doing so, you will have to decide about the type of company that you are going to establish in Ireland. Some of the choices are limited partnership, trading company and holding company. It is also mandatory to undertake a business name registration. To register a company, you will need to fill out and submit a Form A1.
Along with the Form A1, you will also have to submit copies of Memorandum of Association and Articles of Association. Each of these documents has to follow a certain format and set of guidelines. The CRO also has a list of company names which you can browse through to find out if one of them appeals to you. There are three plans and schemes by which you can choose to register your company. Each of them has a different time frame within which the process of registration will be completed. There is also a different set of steps involved in each scheme.
At the shortest time period lies a scheme called Online A1 which gets done in 5 working days. The other end of the spectrum is Ordinary Scheme which can go up to 15 working days. In the middle is FéPhráinn which needs 10 working days. It would benefit a business owner or an individual seeking to undertake company registration Ireland to go through the details of each scheme to make a decision about what suits him the best. By choosing an incorporation services provider, you can conduct the whole process online. Such a service provider will help with preparing and submitting your company documents. It can also help in name searches and registering single and multi-member companies.
James is a writer and blogger with 5 years experience.