Non-Resident Director Bond

Section 43 of The Companies Act (Amended in 2009) states that if an Irish Company does not have an EEA-Resident Director, a Bond must be taken out. The Section 43 Bond exempts companies registered in the Republic of Ireland from the requirement to have a Director who is resident in the EEA (EU + Iceland, Norway and Liechtenstein) 

The Bond insures the company for a sum of €25,394.76 and it’s purpose is to ensure that the company will complete the filings at the Companies Registration Office and with the Revenue Commissioners.

Company Bureau can arrange the Section 43 Revenue Bond for a fee of €1692.00 for two years. Please note once the Bond is issued it is non-refundable.

For more information or to proceed with the Bond please contact us and we will e-mail you a proposal form today.

NOTE: In certain circumstances, International Companies setting up in Ireland may want to employ the services of a Nominee Irish Resident Director in a non-executive capacity. To discuss this requirement in more detail please contact us.