Atypical Companies

The Companies Act, 2014 provides for  three types of unlimited companies: private unlimited company (ULC), public unlimited company (PUC), and public unlimited company with no share capital (PULC). The Act applies general provisions to these companies, with variations specified in Part 19.… Read the rest

Overview A Company Limited by Guarantee (CLG) is a corporate structure maintained under Ireland’s Companies Act 2014. These companies are generally non-profit, with no share capital, and are typically used for charities, clubs, and similar organizations.… Read the rest

External companies, whether from the European Economic Area (EEA) or non-EEA territories, are subject to specific requirements under Part 21 of the Companies Act 2014 when establishing branches in Ireland. Such branches must adhere to registration and disclosure requirements, including providing details of their constitutive documents, directors, and financial statements to the Companies Registration Office (CRO) within designated timeframes.… Read the rest

The Companies Act, 2014 converts companies limited by guarantee with a share capital into Designated Activity Companies (DACs) by default. Their existing memorandum and articles continue, with adjustments to comply with the new Act. DACs can alter their regulations in line with legal provisions.… Read the rest

Overview A Designated Activity Company (DAC) is a specific corporate structure under Ireland’s Companies Act 2014. Unlike private limited companies (LTDs), which have unrestricted purposes, DACs include an “objects clause,” setting limitations on the activities they may undertake.… Read the rest

Existing companies limited by guarantee were carried forward under the Companies Act, 2014, with a transitional period for name changes. The Act applies the provisions for private limited companies to companies limited by guarantee, except for certain dis-applied or modified sections.… Read the rest