Legal Entity Setup & Back-Office Services in Ireland

Complete Ireland Entity Incorporation with Ongoing HR, Payroll, Accounting, Tax, and Compliance Support

Last Updated: July 29, 2025
Legal entity setup and compliance services in Ireland—backdrop of a heritage castle.

Country Overview

Ireland is one of Europe’s most business-friendly jurisdictions and a key gateway to the EU single market. The country boasts a highly educated English-speaking workforce, competitive corporate tax rates, and strong economic fundamentals. Dublin serves as the European headquarters for many multinational technology, pharmaceutical, and financial services companies. 

Capital City

Dublin

Language

English, Irish

Currency

Euro (EUR)

Business Hubs

Dublin, Cork, Limerick, and Galway

Expand Your Business in Ireland

Unlock growth opportunities in Ireland with Cerity Global as your trusted partner. We offer end-to-end support for establishing your legal entity, navigating Ireland’s often complex regulatory landscape with clarity and efficiency. 

From company registration to ongoing back-office support, including HR, payroll, benefits, accounting, tax and compliance, Cerity Global simplifies the process so you can focus on growing your business. 

Need to hire quickly before your entity is set up? We offer interim EOR services in Ireland, enabling you to onboard talent fast. Once your entity is established, we ensure a smooth transition of your employees from the EOR Structure to your own legal entity, without disrupting payroll or compliance. 

Our experts stay ahead of regulatory changes to keep your operations aligned with Ireland’s employment and tax laws, helping you scale confidently and compliantly. 

Legal Entity Setup

Types of legal entity setups for international expansion in Ireland

Private Company Limited by Shares (LTD)

The most popular business structure for foreign investors in Ireland. It provides limited liability protection with no minimum share capital requirement. The company can have one or more shareholders and requires at least one director. A simplified structure makes it ideal for most business operations. 

Public Limited Company (PLC)

Suitable for larger companies planning to raise capital from public investors. Requires minimum share capital of €25,000 (of which €6,348 must be paid up). Must have at least two directors and is subject to more stringent reporting requirements. 

Branch Office

An extension of a foreign company that carries out business activities in Ireland. The branch is not a separate legal entity but represents the foreign parent company and must be registered with the Companies Registration Office (CRO). 

Unlimited Company

A company where members have unlimited liability for company debts. While rare, it can offer certain tax advantages for specific business structures, particularly for holding companies. 

Resident Director Requirements

Private Company Limited by Shares (LTD)

At least one director must be a resident of the European Economic Area (EEA). If no EEA resident director is available, a bond must be filed with the CRO. Directors must be at least 18 years old and cannot be companies themselves. 

Public Limited Company (PLC)

Requires at least two directors, with no specific residency requirements, though practical considerations may necessitate Irish or EU resident directors for effective management. 

Branch Office

Must appoint a local representative with authority to represent the foreign company in Ireland. This representative must be registered with the CRO. 

Bank Account Setup

In Ireland, bank account setup follows a structured process that typically aligns with company incorporation: 

Bank Account Setup in Ireland: What’s Possible and When 

Before Incorporation: 

  • Bank accounts can typically be opened during the incorporation process. 
  • Most Irish banks require the Certificate of Incorporation before full account activation. 
  • Preliminary arrangements can be made with required documentation. 

After Incorporation: 

  • Full business banking services available immediately after incorporation. 
  • Required documents include Certificate of Incorporation, Constitution, proof of registered office, and director identification. 
  • Access to online banking, corporate cards, and payment processing. 

Note: Irish banks generally have efficient processes for business account opening.  

Required documentation includes company incorporation documents, director identification, proof of address, and business plan details. 

Why Choose Cerity Global's Legal entity setup service?

Cerity Global supports companies in their global expansion plans and helps in legal entity setup, registration and ongoing support services. With us, you can quickly set up a legal entity, operate compliantly, and expand globally. The process typically takes a few days to a week, depending on the bank. 

Human Resources

Employment in Ireland is governed by national legislation and European labor directives. Core employment law is supported by: 

  • Employment Equality Acts 1998-2015 
  • Organisation of Working Time Act 1997 
  • Terms of Employment (Information) Acts 1994-2012 
  • Unfair Dismissals Acts 1977-2015 
  • Redundancy Payments Acts 1967-2014 

Some of the standard details mentioned in the written contract include: 

  • Employer and employee details 
  • Job title and description 
  • Salary and benefits 
  • Working hours and location 
  • Holiday entitlements 
  • Notice periods 
  • Disciplinary procedures 
  • and more 

Types of employment relationships

The different types of employment relationships are: 

Permanent Employment (Contract of Indefinite Duration) 

Standard full-time or part-time employment with no fixed end date. Provides maximum job security and full employment rights under Irish law. 

Fixed-Term Contracts 

Contracts with a specified end date. Must comply with the Protection of Employees (Fixed-Term Work) Act 2003. After four years of successive fixed-term contracts, employees gain permanent status. 

Part-Time Employment 

Employees working less than normal full-time hours. Protected under the Protection of Employees (Part-Time Work) Act 2001 with pro-rata entitlements. 

Agency Workers 

An agency worker is employed by an agency under an employment contract where the work is assigned under the supervision and direction of another organization. 

In Ireland, a probationary period typically ranges from three to twelve months depending on the role and are commonly 6 months for most positions. 

The standard working hours is 39 hours per week across 5 days a week.  

Overtime  

A maximum of 48 hours per week (averaged over 4 months) is considered overtime. 

  • Effective January 1, 2025, the hourly minimum wage is currently €13.50 per hour. 
  • Overtime pay is not mandatory unless contractually agreed but are typically 1.5 times normal hourly rate. 

The notice period in Ireland is typically one to eight weeks based on the length of service. 

  • Less than 2 years: 1 week 
  • 2-5 years: 2 weeks 
  • 5-10 years: 4 weeks 
  • 10-15 years: 6 weeks 
  • Over 15 years: 8 weeks 

Statutory redundancy payments apply for employees with over 2 years’ service. 

Ireland offers several immigration pathways for foreign nationals, with work authorization linked to job type, salary, and skills. 

Work Visa & Permit Options in Ireland 

1. Critical Skills Employment Permit 

For highly skilled workers in designated occupations. 

  • Salary threshold: €38,000 (with relevant degree) or €64,000 (with relevant experience) 
  • Duration: 2 years initially, renewable 
  • Fast-track to residency: Eligible for long-term residence after 2 years 
  • Family rights: Immediate family reunification allowed 

2. General Employment Permit 

Primary vehicle for attracting third-country nationals for occupations experiencing labour or skills shortages. 

  • Salary threshold: Minimum €34,000 annually (rising to €39,000 by January 2025) 
  • Labour market test: Required unless occupation is on eligible occupations list  
  • Duration: 2 years initially, renewable 

3. Intra-Company Transfer Employment Permit  

For multinational companies transferring employees to Irish operations. 

  • Employee requirements: Must have worked for company for 6+ months 
  • Salary: No minimum salary requirement  
  • Duration: Up to 3 years 

4. Startup Entrepreneur Programme (STEP)  

The Startup Entrepreneur Programme is available to non-EEA entrepreneurs with innovative business proposals. Applications are reviewed by Enterprise Ireland for innovation and scalability potential. Minimum investment of €75,000 is required. 

  • Investment requirement: €75,000 minimum  
  • Business plan: Detailed business plan required  
  • Approval: Must be approved by government panel 

5. Investor Programme  

The Immigrant Investor Programme (IIP) was closed to new applicants in 2023. No direct replacement program has been announced. Investors seeking Irish residency should explore other business-related or entrepreneurial visa options via INIS or Enterprise Ireland. 

  • Investment options: €1 million investment in Irish enterprises or €2 million in approved investment funds 
  • Residency: Leads to residency rights 
  1. Employment permit application by employer. 
  2. Visa application at Irish embassy/consulate. 
  3. Entry to Ireland and registration with immigration authorities. 
  4. PPS number application for tax and social welfare. 

Key Notes: 

  • EU/EEA/Swiss nationals do not need work permits. 
  • Irish companies must have at least 50% EU/EEA/Swiss nationals in workforce. 
  • Family reunification available for permit holders meeting income requirements. 

Leave Entitlements and Employee Benefits

Annual Leave

Employees in Ireland are entitled to a minimum 20 working days (4 weeks) annual paid leave, with many employers providing additional days. 

Female employees are entitled to 26 weeks of paid maternity leave and an additional 16 weeks of unpaid leave may be taken. 

Male employees receive 2 weeks paid paternity leave (state-covered) and it must be taken within 26 weeks of child’s birth. To qualify, the employee must have made sufficient PRSI contributions. 

Employees receive 7 weeks of leave per parent per child (for children under the age of 2) covered by the state. 

 In addition, employees may take up to 26 weeks of unpaid Parental Leave, available until the child turns 12. 

As of January 1, 2025, employees in Ireland are entitled to 5 days of statutory sick leave per year, paid by the employer at 70% of regular earnings (up to €110 per day). Employers may offer additional sick leave at their discretion. 

The following statutory national holidays are observed in Ireland: 

  • New Year’s Day 
  • Saint Patrick’s Day 
  • Easter Monday 
  • First Monday in May 
  • First Monday in June 
  • First Monday in August 
  • Last Monday in October 
  • Christmas Day 
  • Saint Stephen’s Day 

Note: Good Friday is widely observed but not a statutory public holiday in Ireland. 

Payroll

The most common length of the pay period is usually monthly, and payment is usually made on the 25th of each month.

Mandatory Bonus

In Ireland, there is no mandatory 13-th month bonus, however, some employers offer a bonus or additional payment at the end of the year.

Benefits

Ireland’s social protection system provides comprehensive benefits. 

The mandatory benefits in Ireland are: 

  • Public Healthcare (HSE) 
  • State Pension (Contributory) 
  • Jobseeker’s Benefit 
  • Maternity/Paternity Benefits 
  • Illness Benefit 
  • Child Benefit 
  • Treatment Benefit (dental, optical) 

Accounting Standards

Accounting standards must adhere to the EU-adopted IFRS (International Financial Reporting Standards) for listed companies. Additionally, FRS 102 Financial Reporting Standard for medium and large companies and FRS 105 Micro-entity standard for qualifying small companies. 

Reporting Requirements and Thresholds

All companies must file annual returns with the Companies Registration Office (CRO): 

  • Filing deadline: First annual return is due 6 months after incorporation (Form B1), but does not require financial statements. Subsequent annual returns must include audited financial statements (if applicable) and are due every 12 months thereafter. 
  • Financial statements must include: 
  • Balance sheet 
  • Profit and loss account 
  • Notes to the accounts 
  • Directors’ report 
  • Auditor’s report (if required) 
  • Electronic filing is mandatory via the CRO CORE portal. 

Audit Requirements and Thresholds

To qualify, the thresholds must be met in both the current and preceding financial years. A company qualifies for audit exemption if it satisfies any two of the following three conditions in both its current and preceding financial year: 

  • Annual turnover ≤ €12 million 
  • Balance sheet total ≤ €6 million 
  • Average number of employees ≤ 50 

Listed companies, public limited companies (PLCs), and certain regulated entities (e.g., financial institutions) must undergo a statutory audit regardless of size. 

Taxes and Contributions

Corporate Tax

The standard corporate tax rate is 12.5%. 

VAT

The VAT rate in Ireland is 23%. 

The reduced rates are 13.5% and 9%, plus current temporary 9% rate on electricity/gas until October 2025. 

Filing Dates

  • Corporate Income Tax (CT1) Return Deadline: 9 months after the accounting period ends, but no later than the 23rd day of that month for online filing. 
  • Preliminary Tax Payment: 
  • Large companies (CT > €200,000): Pay in two installments. 
  • Small companies: Pay in one installment (by month 11 of the financial year). 
  • VAT Returns: 
  • Filed monthly, bi-monthly, or quarterly depending on turnover. 
  • Due by the 19th day of the following period, or the 23rd if filing online via ROS (Revenue Online Service). 

Penalties

Penalties for late filing of corporate tax return (CT1): 

  • 5% surcharge if filed within 2 months of the deadline. 
  • 10% surcharge if filed more than 2 months late. 
  • Surcharge is capped at €12,695 for companies with CT liability > €200,000. 

Late VAT filing: 

  • Interest of 0.0274% per day (10% annually) on unpaid VAT. 
  • Additional fixed penalties may apply for repeated non-compliance. 

Transfer Pricing

Ireland follows the OECD Transfer Pricing Guidelines and requires arm’s length pricing for intercompany transactions. 

  • Applies to: 
  • Ireland’s transfer pricing rules apply to large companies engaged in cross-border related-party transactions. Local File documentation is required for Irish entities with annual turnover ≥ €50 million. 
  • Documentation requirements: 
  • Apply to accounting periods commencing on or after January 1, 2020. 
  • Must maintain Master File and Local File. 
  • Acceptable methods: All OECD-approved methods (e.g., CUP, RPM, Cost Plus, TNMM, Profit Split). 
  • Advance Pricing Agreements (APAs): Available on a bilateral or multilateral basis with Revenue. 

Country by Country Reporting

Ireland implements Country-by-Country (CbC) reporting in line with OECD BEPS Action 13 guidelines. 

  • Applicable to: Multinational groups with consolidated group revenue of €750 million or more in the preceding fiscal year. 
  • Filing deadline: 
  • The CbC report must be filed within 12 months of the end of the fiscal year. 
  • The CbC notification (identifying the reporting entity and filing jurisdiction) must be submitted before the end of the reporting fiscal year, and the CbC report itself must be filed within 12 months after fiscal year-end. 
  • Filing method: 
  • Filed electronically via Revenue Online Service (ROS). 
  • XML schema must conform to OECD standards. 
  • Penalties for non-compliance: 
  • Up to €25,000, with additional daily fines of €100 for ongoing failure to file. 

Master File and Local File Requirements and Thresholds

Transfer pricing documentation obligations apply to large companies engaged in related-party cross-border transactions. 

Master File 

  • Required if the company is part of a multinational group with global consolidated revenue ≥ €250 million. 
  • Content must include: 
  • Group structure and legal ownership 
  • Description of global business operations and value drivers 
  • Summary of intangibles and financing arrangements 
  • Group financial and tax positions 
  • Overview of APAs and rulings. 

Local File 

  • Required if the Irish entity’s annual turnover ≥ €50 million. 
  • Content must include: 
  • Detailed description of the local business and management structure 
  • Information on related-party transactions 
  • Functional analysis and benchmarking studies 
  • Financial statements and transfer pricing methods applied. 

Deadline: Documentation must be contemporaneous and available at the filing due date of the corporate tax return. It must be provided within 30 days upon request by Irish Revenue. 

Data Protection & AML Compliance

General Data Protection Act

As an EU member state, Ireland enforces the General Data Protection Regulation (GDPR) through its supervisory authority, the Data Protection Commission (DPC). The GDPR applies to any entity processing personal data of individuals located in the EU and includes strict rules on consent, data usage, retention, and breach reporting. 

AML (Anti-Money Laundering)

Ireland’s AML framework implements EU’s 4th and 5th Anti-Money Laundering Directives. 

Obligated entities: Financial institutions, designated non-financial businesses and professions (DNFBPs), virtual asset service providers (VASPs). 

Key requirements: 

  • Customer Due Diligence (CDD) 
  • Beneficial ownership registers 
  • Suspicious transaction reporting 
  • Record keeping (5 years minimum) 
  • Risk assessments and policies 
  • Staff training 

Penalties: Administrative fines up to €5 million or 10% of turnover. Criminal penalties may include imprisonment for serious breaches such as willful money laundering. 

Why Ireland?

Reasons you should setup legal entity in Ireland: 

  • 12.5% corporate tax rate, which is one of Europe’s lowest 
  • Gateway to 450+ million consumers  
  • Highly educated and skilled English-speaking workforce 
  • Business-friendly environment with efficient company registration and minimal bureaucracy  
  • Strong legal system with common law jurisdiction with IP protection  
  • Government support and proactive policies for international business  
  • World-class telecommunications and transport links 
  • Strong presence of multinational companies creates experienced workforce 

Cerity Global ensures your business expansion in Ireland is fast, compliant, and future-ready, so you can focus on growth while we manage the back-office tasks. 

Economic figures are subject to change based on quarterly reports and market conditions. 

Cerity Global as your legal entity setup partner in Ireland

Cerity Global combines deep local knowledge with proven expertise to make your Ireland business establishment effortless and compliant. Whether you’re looking for legal entity setup and registration or ongoing support, we’re your trusted partner for sustainable global expansion in Ireland. 

 
Disclaimer – The information provided is for informational purposes only and does not constitute legal, business, or tax advice. Entity setup requirements, tax rates, and economic data are subject to change and may vary by location. 

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