Non-profit organizations in Ireland are opened as legal entities which do not have a commercial purpose. In Ireland, investors can set up a wide variety of non-profit organizations and they have to be registered following the legal procedures applicable to other types of companies. Our team of specialists in company formation in Ireland can offer an in-depth presentation on the mai requirements set up for this business structure.
Non-profit organizations (NPOs) in Ireland can be set up for different purposes. Investors who want to open a company in Irelandas a NPO may choose to set up one of the following:
More details on the non-profit organization in Ireland are available in the video below:
Legal entities for Irish NPOs
Although companies registered as NPOs in Ireland must be represented under a legal entity, it is important to know that most of the organizations are set under specific business forms. Those who are interested in the procedure of company formation in Irelandshould know that most of the NPOs are set up under one of the following:
•company limited by guarantee (most of the Irish NPOs are set up under this legal entity);
•designated activity company (DAC).
The DAC business structure is a newer type of legal entity available in Ireland, which was established under the regulations of the Companies Act 2014.
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