Establishing a Limited in Ireland

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Description

GENERAL INFORMATION ON ESTABLISHING A LIMITED IN IRELAND

The Irish Limited - correctly called "Private Limited Company" - has unrestricted legal capacity in all EU countries due to the relevant ECJ rulings and can set up branches there.
Like the GmbH, the Irish Limited is one of the corporations. It is a separate legal person and can therefore be the bearer of rights and obligations. In the case of an Irish Limited, a legal distinction must always be made between the company and its shareholders: Claims by third parties against the Limited are generally only directed against the Limited, not against the shareholders.

There is no minimum capital requirement for Irish limited companies.