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ARTICLE · 24 OCTOBER 2019

Brexit: Some Implications Under Irish Company Law

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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...

IrelandCorporate/Commercial Law

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:

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