Company Formation in Ireland LP
Registration of a Limited Partnership (LP) in Ireland. Full incorporation services for your Irish LP.
- 0% Tax on profit realized outside of Ireland
- Quick incorporation
- Possibility to stay anonymous on the register
- No accounting nor reports nor tax returns
Consulting team dedicated into advising the best suitable jurisdiction for your project.
FinTech business development expert with leading experiences in innovative payment services providers.
Packages for Limited Partnership formation in Ireland
Choose a package that you would like to receive more information on.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
FinTech business development expert with leading experiences in innovative payment services providers.
+372 53 42 2033
Request information on LP formation in Ireland: cost, process and requirements.
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Initial consultation
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Turnkey LP Formation
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Company contact person
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Registered legal address for 1 year
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Remote incorporation
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Notary Services
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Company Secretary
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Nominee Shareholder
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Nominee director
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Accounting for 1 year
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Long-term POA
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Apostilled set of documents
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Additional legal support
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Corporate Account
Turnkey LP formation, Everything you need to get off the ground. Start now!
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Initial consultation
-
Turnkey LP Formation
-
Company contact person
-
Registered legal address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Nominee Shareholder
-
Nominee director
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Full turnkey LP formation and support in all necessary aspects. Customized pricing!
-
Initial consultation
-
Turnkey LP Formation
-
Company contact person
-
Registered legal address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Nominee Shareholder
-
Nominee director
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Learn about the success of our clients first-hand
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
As a result of the fruitful cooperation with LegalBison, Yellow Card obtained a VASP registration, fast and without any legal complications.
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
We are happy to cooperate with LegalBison for more than 2 years and during this time they definitely secured a reputation of very professional and reliable partner. Great knowledge, competence and good attitude. Keep up the good work!
Incorporation Assistance in Ireland LP - Free Consultation
Full package of legal services to form an LP in Ireland or provide you with a ready-made Limited Partnership (on request).
Getting started with LP registration in Ireland
Find out all the necessary information to make a choice about incorporating your business activity in Ireland with a Limited Partnership. Discover why Ireland LPs are a popular legal entity and how it may help your business reach another level. Additional information on demand, directly with our team of experienced consultants.
- Timeline
- Duration
- Remote incorporation
- Required Information
- Documents
Procedure to prepare the registration of an Ireland LP
The registration process for an Ireland LP is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement;
- Payment of the full invoice;
- [IF REMOTELY]: Notarization of POA by client;
- Preparation of registration documents;
- Document signed at the notary;
- Official register validity: immediately.
How long does it take to form an LP in Ireland?
It takes 5-10 working days to form a Limited Partnership in Ireland. The process can be done remotely, without the need to visit the country.
Can I form an LP in Ireland remotely?
The whole incorporation process can be conducted remotely. No travel is necessary but the notarization of documents is.
- A Power of Attorney (POA) from (all) partners is needed;
- The POA is sent to you by us based on the services you want;
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization);
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address;
- Ireland is part of the Hague Convention of the Apostille.
Necessary information to begin with LP formation in Ireland
- 3 options of your desired name for the partnership and a contact email address;
- Names, addresses, and emails of all partners;
- Short description of your company's activity & business plan;
- Minimum of 2 partners (general and limited), we can provide one;
- (Optional) Specify if you require a nominee general or limited partner.
Required documents to provide to register a LP in Ireland
- Passport copies (a scan) of all individuals above, also beneficiary owner if applicable;
- A Power of Attorney (in case of a remote company registration);
- Certified company documents (in case at least one of the partners is going to be a foreign company).
Alternatives to Limited Partnerships formation in Ireland
Our team has curated the following jurisdictions as being worthy alternatives to an LP registered in Ireland.
Company Formation in Canada LP
from 1.600 €-
Tax-free structure
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Prestigious jurisdiction
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No filing of any kind
Company Formation in Great Britain LLP
from 1.350 €-
Tax free
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Quick and easy to set-up
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A prestigious jurisdiction
Company Formation in Scotland LP
from 1.550 €-
0% Tax
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Has a legal personality
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No filing
Company Formation in Estonia
from 450 €-
Fast incorporation
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0% tax on undistributed income
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Entirely remote
Company Formation in Saint Vincent and Grenadines
from 1.625 €-
0% Tax
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High level of Secrecy
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Great for Forex business
Things to know before registering your LP in Ireland
Taxation of LPs in Ireland
The limited partnership is seen as a «flow-through» structure, which means it is not liable to any corporate taxes.
The partners are liable to pay an income tax to the Irish Tax Administration if they are residents of Ireland and/or if the profits have been generated on the soil of Ireland.
Therefore, profits generated out of Ireland attributed to partners also out of Ireland will not be taxed.
DTAA signed by Ireland for LPs
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Albania, Armenia, Australia, Austria, Bahrain, Belarus, Belgium, Bosnia-and-Herzegovina, Botswana, Bulgaria, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hong Kong, Hungary, Iceland, India, Ireland, Israel, Italy, Japan, Kazakhstan, Kuwait, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, North Macedonia, Norway, Pakistan, Panama, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uzbekistan, Vietnam, and Zambia.
Accounting and audit requirements for an LP in Ireland
No accounting nor auditing is required for partnerships operating outside of Ireland.
If you do business in Ireland, the following will be required for LPs whose general partner is an Irish limited company:
- Balance sheet;
- Profit and loss account;
- Partners’ report & auditor’s report.
Economic substance and residency requirements for Ireland LPs
There are no residential requirements for a limited partnership.
- 100% foreign ownership is allowed;
- A limited partnership is not required to have a physical office in Ireland.
Important: a non-EEA/non-Swiss national who intends to come to Ireland to establish a business that general partner will require the permission of the Minister for Justice and Equality to do so.
LegalBison offers help with all of the above requirements. We assist and are local on the ground. Speak now for free with one of our consultants to get your business started.
- Taxes
- Double Tax Treaties
- Accounting and Audit
- Residency Requirements
Taxation of LPs in Ireland
The limited partnership is seen as a «flow-through» structure, which means it is not liable to any corporate taxes.
The partners are liable to pay an income tax to the Irish Tax Administration if they are residents of Ireland and/or if the profits have been generated on the soil of Ireland.
Therefore, profits generated out of Ireland attributed to partners also out of Ireland will not be taxed.
DTAA signed by Ireland for LPs
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Albania, Armenia, Australia, Austria, Bahrain, Belarus, Belgium, Bosnia-and-Herzegovina, Botswana, Bulgaria, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hong Kong, Hungary, Iceland, India, Ireland, Israel, Italy, Japan, Kazakhstan, Kuwait, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, North Macedonia, Norway, Pakistan, Panama, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uzbekistan, Vietnam, and Zambia.
Accounting and audit requirements for an LP in Ireland
No accounting nor auditing is required for partnerships operating outside of Ireland.
If you do business in Ireland, the following will be required for LPs whose general partner is an Irish limited company:
- Balance sheet;
- Profit and loss account;
- Partners’ report & auditor’s report.
Economic substance and residency requirements for Ireland LPs
There are no residential requirements for a limited partnership.
- 100% foreign ownership is allowed;
- A limited partnership is not required to have a physical office in Ireland.
Important: a non-EEA/non-Swiss national who intends to come to Ireland to establish a business that general partner will require the permission of the Minister for Justice and Equality to do so.
LegalBison offers help with all of the above requirements. We assist and are local on the ground. Speak now for free with one of our consultants to get your business started.
About Limited Partnership registration in Ireland
Irish LPs are very popular investment instruments for venture capital, hedge funds, family planning structures, and foreign companies. They are non-taxable for business conducted outside of Ireland, which makes it virtually offshore while being registered in the EEA and the Euro Zone.
Not if you don’t want to. Using a mandate, a nominee partner can hold your position while contractually giving you all the rights. Therefore, the name of another person or company will appear on the register while you hold control of the structure.
Depending on your objective and your business model, another jurisdiction might fit better. The best way to determine if Ireland is the best place for your business is to get in touch with our experts.
The LLC is a company and therefore holds the status of a legal entity. The limited partnership is a flow-through structure. It consists of at least 1 general partner and 1 limited partner. The general partners are liable for all the debts and obligations of the firm.
Contact Us
Request more information about Limited Partnerships in Ireland. Our legal team will be available within 24 business hours to provide you with a free consultation. Book a call now by describing your project.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
FinTech business development expert with leading experiences in innovative payment services providers.
