As we get closer to the expiry of the Withdrawal Agreement between the UK and the EU Irish companies that have only UK resident directors must consider the impact of the UK leaving the EEA. If thereafter there is no agreement in place, companies which have only UK resident directors will be required to comply
Now that the UK has left the European Union, the transitionary period and provisions have now commenced which will be in place until 31 December 2020. During this transitionary period, the UK’s trading relationship with the European Union will continue. This means there is no change to the existing company law requirements for UK resident
Every January we set out ten points to consider from a company law and company secretarial practice perspective. These are practical points for all firms to consider that may bring some benefit to the services you provide. As always if we can be of any help please feel free to contact any one of the
If an existing company does not have a EEA Resident Director or a Non-Resident Bond then it may make an application to the Revenue Commissioners for a Section 140 Real and Continuous Link Certificate.This will become an important option for companies post Brexit. This certificate states the company “has a real and continuous link with
A foreign limited company registered abroad may register a branch in the State. Any company that is registered abroad and establishes a branch in the State must register with the Registrar of Companies within 30 days of establishment of the branch in the State.
At least one of the directors of a company is required to be resident in a member State of the European Economic Area (EEA). However having an EEA-resident alternate director does not satisfy this requirement. This will become an important requirement post Brexit.
Since the historic vote for Britain to leave the EU there has been a lot of discussion and debate on the impact of the Brexit on Ireland. A small part of this is the impact from a Company Law perspective. A lot of the exemptions in the Companies Act apply to companies that are resident