Public Company (Ireland)

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The Limited Company ( Ltd. ), Irish Teoranta ( Teo. ), Is the Irish legal form of the public limited company .

A distinction is made:

  • Private Company Limited by Shares (LTD company) ( cuideachta phríobháideach faoi theorainn scaireanna )
  • Designated Activity Company (DAC)
  • Designated Activity Company Limited by Guarantee (DAC)
  • company limited by guarantee ( cuideachta faoi theorainn ráthaíochta )
  • public limited company ( cuideachta phoiblí theoranta )
  • unlimited company ( cuideachta neamhtheoranta )

The private company limited by shares can have up to 149 shareholders, the single private company , a special form of the private company limited by shares, can have exactly one shareholder. No minimum capital is required for the private limited company . The shares of these companies may not be traded on the stock exchange.

A public limited company can trade the shares directly on the stock exchange. A minimum capital of 25,000 euros is required for the establishment .

While the private limited companies are mainly used by small and medium-sized companies , listed companies are a public limited company .

Organs of the Irish public limited company are the General Meeting ( General Meeting ), Board ( Board of Directors ) and the Secretary ( Company Secretary ). It would have at least ten directors ( Directors ) be ordered. There is no equivalent position for the secretary in German corporations. He is mainly responsible for administrative matters of the board and not part of the board. However, the tasks can be assumed by one board member in personal union if more than one board member is appointed.

Web links

Individual evidence

  1. ^ Company Registration. In: Companies Registration Office, accessed January 19, 2020 .