With the prospect of a no deal exit by the UK from the European
Union ("EU") remaining and the 31 October deadline
looming, it is timely to consider some practical implications under
Irish company law such as the need for a European Economic Area
("EEA") resident director and financial statements filing
issues.
EEA Resident Director Requirement
Under the Irish Companies Act 2014 ("2014 Act"), Irish
registered companies are, subject to certain exceptions, required
to have at least one director who is an EEA resident. It will be
necessary therefore for companies that are relying on a UK resident
director to satisfy this requirement to consider appointing an EEA
resident director or to avail of one of the other exemptions,
namely by: