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Benefits to register a business in Republic of Ireland

Register a private company in the ROI with a bank account

 
Company Formation With Bank Account

Register a private company in the ROI with a bank account: when you register a limited company in the Republic of Ireland to do business there, you are going to want to have a bank account in the country to handle your transactions. At Coddan Formations Agency, as part of our private company registration service in ROI, we can help you to open a business account with one of the leading banks in the Republic of Ireland, such as Bank of Ireland. This includes making an application directly to the relevant bank on behalf of your company.

However, depending on what type of company you are registering, it may be necessary for one director to attend a branch of the bank for a meeting and to confirm their and the company's identity. We will set up a meeting with the bank for the relevant company personnel, at a conveniently located branch in Dublin.

Before opening a new business account, the bank will need a number of official documents, including the certificate of incorporation and memorandum and articles of association. We can prepare these and others for you and submit them as part of the application. In circumstances where company personnel are not known to the bank, additional information is required, such as an official letter, from a solicitor or local bankers, confirming their identity.

A due diligence form must be filled out when opening a new business account; this is part of European Union directives concerning banks and new business customers, and we can assist. We will liaise with the Companies Registration Office in Dublin to make sure your new enterprise is properly and professionally established, and provide you with all of the official documentation for your files, before proceeding with the opening of a business bank account in Republic of Ireland, or outside of the ROI.

Our experienced business registration consultants are on hand to guide you through every step of the process, from initial consultation to post-formation guidance and tax advice.

When you are registered with your new private company and business bank account and are engaged in trading, Coddan Formations Agency can still assist in the smooth running of your business, with a range of services that will keep your firm compliant with the law and efficient, including bookkeeping and accountancy services, filing annual returns and annual accounts in Republic of Ireland.