Non-Resident Director Bonds
According to Section 137 of The Companies Act 2014, the bond has to be taken out when an Irish Company doesn’t have a minimum of one company director who’s resident in the EEA (i.e. that the EU and Norway, Liechtenstein, and Iceland).
Points to be Noted:
- This requirement issues residency instead of citizenship. As an instance, A Director who holds an Irish passport but resides out of the EEA would additionally demand this kind of bond.
- If a minimum of one business manager is an EEA resident, then this bond isn’t needed. But, you might still need one of our additional Title Indemnity bonds.
- A Non-Resident Director Bond insures your organization for a sum of 25,394.76
The Non-Resident Bond covers a span of two decades and has to be set in place in the forefront stage or on the elimination of the EEA resident director of the business. The Bond behaves like an insurance plan to pay the government for unpaid taxes or penalties when the provider leaves the authority.
Why Choose TAS CONSULTING
Our Experienced group of TAS Consulting simplifies the procedure for our customers since they secure competitive and tailored conditions on their own behalf.
We have a team of qualified staff with specialized knowledge of company formation services. We provide a high standard to all kinds of businesses.
TAS Consulting Limited is a reliable intermediary recognized and relied upon by Agents nationally as they supply the best terms and service to their clientele.
Contact us today
If you want a Non-resident Director Bond, or when you need more info. We are going to get to work, while you take good care of running your company.
Phone: +353 1 44 28230
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