How to Register Single Member Company in Ireland?
Trinity Business Assist is a well-established Single Member Company Registration Service provider. We will help you to Register Single Member Company in Dublin.
Company Statement in Ireland
A company is a legal form of business organization. It is a separate legal entity and, therefore, is separate and distinct from those who run it. The company (and not the individual shareholders) is the appropriate person to be sued in the event that debts are incurred by the company which remain unpaid, despite demand.
Single Member Company Statement in Ireland
A single member company is a private company limited by shares or a guarantee company having a share capital, which is incorporated with one member, or whose membership is reduced to one person. However, the company must have at least two directors and a secretary. The sole member, if he/she so decides, can dispense with the holding of General Meetings, including Annual General Meetings (AGMs). However, certain modifications laid down in the European Communities (Single-Member Private Limited Companies) Regulations 1994, have to be made. Also the accounts and reports that would normally be laid before the AGM of a company still need to be prepared and forwarded to the member.
More information about Single Member Company Registration rules you can find on this page.
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