Ireland is one of the most business-friendly jurisdictions in Europe, offering unmatched flexibility for non-residents looking to open a company in Ireland, maintain full ownership, and operate a globally recognized corporate structure. With its English-speaking workforce, strategic EU access, low corporate tax rate, and progressive regulations, Ireland has become a top destination for entrepreneurs, investors, and international businesses seeking to register a company in Ireland with ease.
In this comprehensive guide, we explain how non-residents can own 100% of an Irish company, outlining the steps, compliance requirements, and essential considerations for successful company incorporation in Ireland.
Why Ireland is Ideal for Non-Resident Company Formation
Ireland’s legal and tax framework makes it possible for foreign nationals to own 100% of an Irish company without requiring local shareholders or complex residency conditions.
Key Advantages:
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100% Foreign Ownership Permitted
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12.5% Corporate Tax Rate for trading income
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Full access to the European Union single market
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Highly respected jurisdiction with strong international reputation
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Straightforward compliance and registration process
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No requirement to reside in Ireland to run the business
This combination of flexibility and economic stability makes Ireland one of the world’s most attractive places for company registration.
Types of Companies Non-Residents Commonly Register in Ireland
The most popular structure is the Private Company Limited by Shares (LTD) due to its flexibility and simple compliance framework. It allows:
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Full foreign shareholding
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Minimal reporting requirements
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Limited liability protection
Other structures available for non-residents include:
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Designated Activity Company (DAC)
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Branch Office
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Partnerships (LP / LLP)
But the LTD company remains the preferred entity for most international entrepreneurs wishing to open a company in Ireland.
Requirements to Register a Company in Ireland as a Non-Resident
To successfully complete the company registration in Ireland process, you must provide:
1. Company Name
Must be unique and approved by the Companies Registration Office (CRO).
2. Registered Office Address in Ireland
This must be a physical address-P.O. boxes are not permitted.
3. One or More Directors
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At least one EEA-resident director, or
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Purchase a Section 137 Director Bond
4. Company Secretary
If there is only one director, a separate company secretary is required. This can be outsourced.
5. Shareholders
Non-residents may hold 100% of the shares.
6. Share Capital
Minimum €1 standard issued share capital (in most cases).
7. Constitution of the Company
A formal legal document replacing the old Memorandum & Articles.
These are the core components required to legally register a company in Ireland.
Step-by-Step Guide: How to Open a Company in Ireland for Non-Residents
1. Select Your Company Name
Prepare three alternatives to avoid rejection due to similarity or trademark conflicts.
2. Decide on Company Structure
Most non-residents choose an LTD due to flexibility and tax advantages.
3. Appoint Directors and Secretary
If you are a non-EEA resident, secure a Director Bond for full compliance.
4. Prepare Company Documentation
This includes:
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Company Constitution
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Form A1 (official incorporation form)
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Shareholder and director declarations
5. Submit Application to the CRO
The Companies Registration Office processes your application. Approval typically takes 3–5 working days.
6. Receive Certificate of Incorporation
Once approved, your Irish company is officially live. You can now operate worldwide.
7. Register for Taxes with Revenue
Register for:
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Corporation Tax
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VAT (if required)
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Employer PAYE (if hiring employees)
8. Open a Business Bank Account
Most Irish and European banks allow remote business account onboarding for foreign-owned Irish companies. Fintech options are also available.
Tax Benefits for Companies Incorporated in Ireland
Ireland’s tax regime is one of the strongest reasons international founders choose to open a company in Ireland.
1. 12.5% Corporate Tax Rate
Applies to trading income-one of the lowest in the EU.
2. 25% Tax Credit for R&D
Significant benefit for technology and innovation businesses.
3. Extensive Double Taxation Treaties
Ireland has agreements with over 70 countries, minimizing global tax exposure.
4. Attractive Holding Company Regime
Generous exemptions on dividends, share disposals, and foreign profits.
These advantages position Ireland as a strategic hub for global growth.
Post-Incorporation Compliance Requirements
Owning 100% of the company does not exempt non-residents from regulatory obligations. Key compliance includes:
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Annual Returns Filing with the CRO
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Company Accounts submission
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Corporation Tax filings
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Maintenance of statutory registers
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Holding an Annual General Meeting (AGM) (can be removed for LTDs)
Failure to comply can lead to penalties or strike-off of the company.
Banking Options for Non-Residents
After completing company registration in Ireland, foreign business owners can choose between:
Traditional Irish Banks
Require verification and potentially in-person interviews for high-risk cases.
EU Fintech Banks
Including:
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Revolut Business
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Wise Business
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N26
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Payoneer (limited services)
These fintech options allow fast remote account opening with minimal administrative burden.
Can You Operate an Irish Company Without Living in Ireland?
Yes. Non-residents do not need a visa, residence permit, or physical presence to operate an Irish company. You can:
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Manage the company remotely
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Employ staff globally
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Sell international services
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Use virtual or serviced offices
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Access EU markets without relocating
Perfect for digital entrepreneurs, e-commerce businesses, consultants, and global companies.
Why Ireland Is the Best Jurisdiction for Non-Resident Entrepreneurs
Ireland offers a rare combination of full foreign ownership, seamless incorporation, low taxes, and global market access. For founders aiming to establish a strong European presence, company formation in Ireland provides unmatched benefits.
With the right structure-either through an EEA director or a Director Bond-non-residents can easily enjoy 100% ownership while operating with full legal compliance.