Ireland Section 137 Non-EEA-Resident Bond
Product Valid: Positive | Applicant Must Be Present: No
Unit Price: EUR 3025 / Company
TKEG Expat™ (Test) Ireland Section 137 Non-EEA-Resident Bond
About 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.
Service Included
[ml][ol][li indent=0 align=left]Providing non-resident insurance services for Ireland 137 to Irish clients. [/li][ol data=1][li indent=1 align=left]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: [/li][ol data=2][li indent=2 align=left]Fines imposed on the company under the 2014 Companies Act for not submitting annual reports and audited accounts on time; [/li][li indent=2 align=left]Fines imposed for not providing certain information to the Revenue Commissioners (mainly the information required in the CRO 11F form); [/li][li indent=2 align=left]Fines a company needs to pay under sections 1071 or 1073 of the 1997 Tax Consolidation Act; [/li][li indent=2 align=left]Recovery costs related to the above fines and penalties. [/li][/ol][/ol][/ol][/ml]
Number of services already included in this product: 0.00
Frequently Asked Questions
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.
Corporate Tax Rate of 12.5%
Ireland's corporate tax rate is 12.5%, which is the lowest among all EU countries. It is also an important factor for many businesses deciding to operate in Ireland's jurisdiction.
Convenient Management
High-End Market
Ireland is at the forefront of investment in new technologies, attracting numerous information technology companies including Google and ByteDance. Moreover, Ireland's laws do not stipulate foreign exchange controls, thereby allowing Irish companies to open corporate bank accounts globally and conduct international business at any time.
Intellectual Property System
Ireland is an attractive place for the development and utilization of intellectual property. Its tax system is one of the most favorable and competitive systems globally as it invests in R&D activities, commercializes them, and protects intellectual property rights. Irish companies can avail tax benefits and incentives for their intellectual property applications.```
Get a tailored service plan by our experts
Our experts in global business market respond even late at night. Search for your desired product, fill out your basic information and select your desired service. Then sit-back and relax while our experts evaluating your inquire and designing your tailored service.
Search Product >Unit Price: EUR 3025* / Company
