Companies incorporated in Ireland must have at least one Director resident in a member state of the European Economic Area (EEA). However, there are certain circumstances where an exemption from this requirement may be obtained.
Where a company holds a bond in the prescribed form, it may avail of an exemption from having an EEA resident Director. Our Corporate Compliance Department can assist in obtaining the appropriate Bond.
Companies with a real and continuous link with one or more economic activities carried on in the State may make an application to the Registrar of Companies for a certificate to that effect. Companies in receipt of such a certificate are exempt from the requirement to have an EEA resident Director. In conjunction with our Tax Department our Corporate Compliance team can assist in making an application for the appropriate certificate from the Registrar of Companies.
Where it is not practical to obtain a bond or a certificate of real and continuous link we can assist in identifying a suitable Irish resident Director.
