Company formation in Ireland is a great way to expand sales to Europe and reach out to customers from around the European Union. However, the Irish Company law requires every local company to have at least one director who is a resident of the  European Economic Area (EEA) or ideally an Irish resident. At Chern&Co, our mission is to make businesses Ireland accessible to entrepreneurs around the world. Thus, we offer nominee director company service for businesses that reside outside the EEA to assist them in experiencing all the benefits of running Irish business.

Who is Nominee Company Director 

A Nominee company director in Ireland is an individual whom real company owners hire in order to have the legal right to operate in the Republic of Ireland. As usual, the Nominee director performs a non-executive company officer role. They do not have access to either company’s bank accounts or any decision-making power in a company. In some cases, a company nominee’s address can be listed as the company’s registered address provided it’s agreed with a nominee. To protect both a nominee and real company directors from misconduct and potential risks, Chern&Co initiates signing a special agreement. 

A nominee company director’s details are publicly visible and can be found in all official documents and institutions like the Company Registration Office. 

Company Nominee Director Service vs Insurance Bond

So, no business entity is allowed to operate in Ireland if it does not have a director-resident of the EEA. However, there’s another way entrepreneurs can follow in order to get their Irish company registered. It’s to obtain a 137 non-resident insurance bond that will allow your company to operate despite not having an EEA director. However, assigning a nominee director will facilitate and speed up the entire company formation process in Ireland compared to an insurance bond. Irish banks may refuse opening accounts for non-EEA companies if there’s no local director assigned. 

Benefits of Applying for a Nominee Director Service by Chern & Co

It is affordable: we offer a budget-friendly option of assisting with assigning a nominee company director in Ireland. This is one of the most reasonable offers on the market and an excellent option in terms of the price-quality ratio. A year nominee company director service by Chern & Co costs €1100.
It will get you rid of the hassle: we are perfectly aware of all the legal requirements for appointing nominees in Ireland. Rest assured you will not have to worry about anything.
We are result-driven. We engage with a vast database of reliable nominees ready to take directorship of your company. This empowers us to assign a nominee for your company within the fastest possible terms.
No risk involved: a nominee director will have no decision-making power and no access to your business bank account. You are the only executive of your own business.

Benefits of Taking a Nominee Director Role for Chern&Co Companies

It’s a low risk: all the companies we register have a real director. Thus, nominees carry no responsibility over the company’s affairs. Besides, when a real company officer representative stops responding to our queries, you will get resigned from a company nominee director role.
Long-term legal source of income: we pay a set annual fee to our nominees and cover the cost of any additional request (unless it’s a CRO form signature vital for a company). The final sum you get will directly depend on the number of directorships you hold.
It’s a safe procedure: we conduct a strict verification procedure for every director and beneficial shareholder of a company according to AML requirements. Thus, you become engaged with a transparent and compliant business.
No pressure: we always contact you and ask for your consent to act as a nominee for any new company. No company is assigned to you without your written consent.

How We Deliver the Nominee Director Service for Businesses

At Chern & Co, we believe in a fast and unproblematic service delivery process. Thus, check out a few super easy steps we take to assist you with assigning a nominee company director.!

1. You leave an application and our managers contact you ASAP.
2. We clarify the details and prepare an invoice for payment. You can pay in any convenient way.
3. You fill out the documents and send scans electronically.
4. Service is in progress. We seek a nominee or you offer a candidate you found on your own*.
5. We prepare the documents for company registration and send them for your and the nominee’s signature.
6. Done! You are now the owner of an official business in Ireland

*we will need to take a few steps to ensure that your candidate is allowed to act as a nominee. We conduct a typical AML process similar to the one we conduct for every nominee from our database. This may take additional time. 

Nominee Director Service by Chern & Co

For over 12 years, Chern & Co has been providing customers with superb assistance in managing their companies in Ireland. We will help you start your business route and supervise you as you decide to grow. Our strong customer support and dedication to your goals will ensure your positive experience with Chern & Co. Wait no longer to apply for our assistance with assigning a nominee company director!

If you have any questions left, feel free to contact us. We believe in a client-oriented approach and so our managers are open to inquiries. Chern & Co will help you select the best service for your business absolutely free of charge.

Disclaimer: The content of this page is for acquainting purposes only and is subject to change. It does not constitute any professional advice. No liability is accepted by Chern & Co for any actions taken or not taken in reliance on the information set out in this article. Professional, legal or tax advice should be obtained before taking or refraining from any action.