Details II (kurz)

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Formation of New Company

1.                  We can provide a newly incorporated company for you within ten days of you completing all of the necessary documents. Alternatively, we can provide one such company within the next ten days if, as is customary, you allow us to use our nominees to complete the application documentation.

3.                  The minimum paid-up share capital is IR£1. However, normally a minimum share capital of IR£2 with two shareholders, each holding one share, is preferred.

 4.                  You will need to provide us with names of at least one or two persons or companies which will be the shareholders and two persons who will be the directors. A law passed in December 1999 provides for at least one of the directors being resident in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Ireland or for the taking out of a bond by the company (to cover future tax liabilities). The normal procedure is that you would name two persons who would act as the two shareholders as well as the two directors. Additionally, the company is required to have one person who will be appointed the Company Secretary and that person can be one of the two persons who will be the directors and shareholders.

5.                  In relation to the two persons please provide the following information:

a)                  full name and any former name

b)                 nationality

c)                  date of birth

d)                 residential address

e)                  a list of directorships of any companies registered ...

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