Real and Continuous Link €300

Avoid non-resident bond with a Real and Continuous Link application

The Companies Act 2014 requires all Irish registered companies to have a Director who is “resident” in The European Economic Area (EEA).

An alternative to having a resident Director is to have either a Section 137 Bond or prove to Revenue that the applicant company has a “real and continuous link to one or more economic activities being carried on in the Irish State”.

A company has a real and continuous link with an economic activity that is being carried on in the State if one or more of the following conditions are satisfied by it:

• The affairs of the company are managed by one or more persons from a place of business established in the State and that person or those persons is or are authorised by the company to act on its behalf; and
• The company carries on a trade in the State.

To apply to the Revenue Commissioners (Revenue) for a statement proving that a company has a link, the following information must be provided:

• Company’s registered number
• Company’s tax registration number
• Company’s trading address in the state
• Company’s registered office address
• Confirmation that the company has been trading in Ireland for at least twelve months with supporting documentation such as Financial Statements, customer/supplier lists.
• A description of the nature and duration of the “link”

Revenue determines whether or not a company has a real and continuous link, and each application is judged on its merits.

If a company applies for and is granted a certificate from the CRO that the company has a real and continuous link with one or more economic activities that are carried on in Ireland, the company will be exempted from the requirement to have an EEA resident Director from the date of the certificate and until as long as the certificate is valid.

Our fee for an application for a Real and Continuous Link, including correspondence with the Revenue Commissioners and also filing with the Companies Registration Office (CRO) is €300 + vat.