One of the most common questions we are asked is the difference between an LTD and a DAC. Most of the confusion is that people think a DAC is the new company type but actually it is the closest thing to an LTD company. As you can see in the chart below it requires 2
Every company is required to carry out an activity in the State. Depending on the company type this activity must be provided for in the company constitution. An LTD company has the capacity of a natural person so it does not require to have a principal objects clause in its constitution. All other company types,
Last minute panic!! This can happen pretty often when forming a company… Everything else has been done and you go into the bank and they ask you for the Certificate of Incorporation and suddenly there’s a mad scramble to get the company formed ASAP. This is why the process needs to be started early and