The Irish Public
Limited Company (PLC)

Full Name: Public Limited Company

Country: Ireland

Minimum Capital: €25,000 (at least 25% paid up)

Minimum Nominal Value: Any

No of Directors: 2

Audit Exemption Available: No

Irish PLCs have a similar structure to UK PLCs and work in much the same way. They are ideal for businesses that want a presence in an English-speaking jurisdiction and the European Union. The other advantages of using an Irish public limited company as a listing company when floating your enterprise on a stock exchange include a low corporation tax rate and other benefits of the Irish holding regime.

An Irish PLC must have at least two directors and a company secretary. At least one of the directors must be resident in a member state of the European Economic Area (EEA). This is different from the situation in the UK, where UK PLC directors don´t have to be British based. However, note that because Ireland is a much smaller jurisdiction than the UK, it can sometimes be challenging to find the right expertise to go public.