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

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Overview I Existing companies limited by guarantee were continued in being by the Companies Act, 2014.  During the transitional period of 18 months from 1 June 2015, the provisions of the earlier Companies Act relating to the use of the words “limited” and “teoranta” in their name applied.… Read the rest

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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

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The Companies Act, 2014 conerts  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

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Overview A Designated Activity Company is a new type of corporate entity which is provided for by the Companies Act, 2014.  The default position under that Act is that companies are private limited companies (LTDs) with unrestricted objects. … Read the rest

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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

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