Nominee Director
Ireland Section 137 Non-EEA-Resident Bond
Applicable country/region: IE - Ireland
- English-speaking advisor
- Ireland local setup support
- Tailored service assessment
Unit PriceEUR 3,025 / Company
On-site presenceNot required
Response within 1 working hour on business days. We confirm applicability and estimated fees first.
Fully remote
Remotely Process Your Ireland Section 137 Non-EEA-Resident Bond
Introducing the Ireland Section 137 Non-EEA-Resident Bond, your ideal solution for non-resident insurance services in Ireland. This service offers the essential "Section 137 Non-Resident Director Guarantee" or "Tax Guarantee," enabling companies registered in the Republic of Ireland to bypass the need for directors residing within the European Economic Area (EEA), which includes the EU, Iceland, Norway, and Liechtenstein. With a comprehensive €25,000 insurance cover, the bond safeguards your business against fines imposed under the 2014 Companies Act for delays in submitting annual reports and audited accounts. It also addresses penalties for failing to provide necessary information to the Revenue Commissioners, particularly data required in the CRO 11F form. Additionally, it covers fines under sections 1071 or 1073 of the 1997 Tax Consolidation Act, along with recovery costs related to these penalties. Secure your business's compliance and operational efficiency with our Ireland Section 137 Non-EEA-Resident Bond, designed to meet your company's unique needs.
What's Included
Everything in this package
The line items below are already covered by the unit price. Anything marked "not included" can be added as a tailored extra.
- Providing non-resident insurance services for Ireland 137 to Irish clients.Included ×0.00
- Obtaining "Section 137 Non-Resident Director Guarantee" or "Tax Guarantee" can exempt companies registered in the Republic of Ireland from the requirement of having directors residing in the European Economic Area (EEA, including the EU, Iceland, Norway, and Liechtenstein). The tax guarantee provides the company with a €25,000 insurance cover to pay for the following expenses:
- Fines imposed on the company under the 2014 Companies Act for not submitting annual reports and audited accounts on time;
- Fines imposed for not providing certain information to the Revenue Commissioners (mainly the information required in the CRO 11F form);
- Fines a company needs to pay under sections 1071 or 1073 of the 1997 Tax Consolidation Act;
- Recovery costs related to the above fines and penalties.
Good to know
Through TKEG Expat ™ (CH)'s offshore enterprise services, you can work and live within your home country while settling in for your overseas business, without the need to travel abroad throughout the entire process.
Frequently Asked Questions
The appointment of a nominee director is subject to annual renewal and, although the director does not have the authority to run the company, the director's signature is required to authorize the company to open a bank account or to make annual financial returns. However, the penalty insurance is valid for a period of two years and the insurer will pay tax penalties for the client company up to €25,000 (two years' total) if the company receives a tax penalty during this period. However, the company will be subject to annual audits and tax returns as usual.
Ireland law requires non-EU residents to have a European Union (EU) director to set up a company in Ireland. EU residents are required to be directors of a company in Ireland, and those who are unable to provide an EU resident as a director are required to take out Non-Resident insurance to bind the company to operate legally and legally in Ireland. Therefore, if you do not have a candidate to act as a director of your Irish company, you can be matched with an EU nominee through the services of TKEG Expat. Alternatively, we can assist you in taking out Non-Resident Insurance.
Yes. When a client requests a nominee shareholder, they must specify the reason/justification. This rationale is required for compliance/KYC purposes before the nominee shareholder service can proceed.
The nominee director service is strictly limited to facilitating company registration and bank account opening. The nominee has no actual operating or decision-making authority and serves only a formal compliance purpose. Any other cooperation or action by the nominee is charged separately and cannot be guaranteed within the standard contract; a director-change fee should generally be collected in advance.
If a company is left unmanaged for an extended period, the nominee director may submit a resignation letter to limit their exposure. Inaction can create legal and litigation risk, and once the company no longer has a resident (EU) director, it can no longer continue operating. Outstanding obligations — such as updating the registered address and bringing accounting and tax filings up to date — must be resolved to keep the company in good standing.
Jurisdiction Overview
About Ireland
Ireland is Europe’s leading hub for US tech and pharma multinationals, offering 12.5% corporate tax, an English-speaking EU base, and a young highly educated workforce in Dublin’s thriving ecosystem.
View Complete InformationIreland Tax Brief
Data Source
PwC World Tax Summary
OECD Statistics
Time of Update
View Complete Information- General CIT Rate
- Trade company: 12.5%. Non-trade company: 25% (e.g. royalties received by passive holding companies).
- CIT Return Due Date
- Nine months after the end of the tax accounting period.
- CIT Payment Due Date
- Nine months after the end of the tax accounting period.
- CIT Estimated Payment Due Date
- Small companies: The first installment should be due 31 days before the end of the tax accounting period, and the final installment should be due at the time of submitting the tax return; Large companies: The first installment should be due six months after the start of the tax accounting period, the second installment should be due 31 days before the end of the tax accounting period, and the final installment should be due at the time of submitting the CIT return for that period. * Not later than the 23rd of the month.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 25/20/20
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 25/20/20
- General VAT Rate
- 23
- General Capital Gain Tax Rate
- 33%
- Composite Effective Average Tax Rate
- 12.36
- Composite Effective Marginal Tax Rate
- 13.21
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