Under the Companies Act 2014 (the “Act”), at least one director of an Irish registered company must be a resident of the European Economic Area (“EEA”) however this requirement does not apply to any company that holds a bond or section 140 certificate. The bond in place must be to the value of €25,000, allowing for the payment of the relevant company’s liabilities in respect of a fine or penalty which may be imposed under the Act.Download Full Article
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