The basics of Company Formation Ireland by grainnerobyn


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									          The basics of Company Formation Ireland

In times past most companies were formed by accountants and lawyers. The process must be
completed personally and generally took about fourteen days to complete. Forms must be completed by
the designated reps, documents must be signed by a solicitor, and then Companies House would
process the formation and return a certificate of incorporation.

Fortunately the internet has now made the process a lot easier. It is now possible to complete your new
incorporation within a period of time rather than several days. It's led to the development of Company
Formation Ireland agent websites. You can now form a restricted company online without leaving your

Using an online registration website is arguably the easiest way to start a new business. It should take
approximately 10 minutes to enter your company information. You will need the following information-
Your preferred company name. This will end with the word LIMITED or the abbreviation LTD. It is
sensible to conduct a name search to check availability before starting the applying.

The registered office address. This should be a genuine UK address in the United Kingdom, Scotland,
Wales, or Upper Ireland if forming a Upper Ireland company. You cannot use a PO Box.

The director details (your company must have at least one person as a
       Owner's name
       Residential Address
       Date of Birth
       Nationality
You no longer legally require a assistant. However, if you are appointing a company assistant you will
need the following information for the company secretary-

    Owner's name
    Residential Address

Share Structure information
    How many shares will the company have -- 1, 100, 1000, or a range as preferred
    And what will the value of each share be -- 1p, £1, £5 or any amount as preferred

The shareholder details (Your Company must have at least one shareholder)

If you are prepared with this information submitting the detail is quite easy. Once you have entered the
above information your company can be formed in just a few hours. Online formations make the
process a lot quicker than paper applications.

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