The number the formation sites lead with is €99, and the number the State actually charges is €50. Both are real, and neither is your cost. For an EEA-resident founder, a realistic first year runs about €300 to €700. For a non-EEA founder, the same company costs roughly €2,400 to €3,200 in year one, four to eight times more, because of one line item almost no pricing page itemizes: the Section 137 bond, or the resident director service that replaces it.
That multiplier is the story of this guide. Every package price you see advertised was built for an Irish founder with an Irish address and a PPS number. This page rebuilds the bill for the founder those packages were not built for, line by line, with every figure dated.
This is general information, not tax or legal advice. State fees are checked against official sources as of August 2026; all service prices below are market estimates that vary by provider. Confirm every figure with the CRO, Revenue, or a qualified advisor before you rely on it.
The short answer: EEA founder vs non-EEA founder
| Cost line | EEA-resident founder | Non-EEA founder |
|---|---|---|
| CRO Form A1 filing | €50 | €50 |
| Constitution and formation help | €0 to €200 | €50 to €450 |
| Company secretary (service) | €0 if you have a second person | €99 to €500 per year |
| Registered office | €0 with an Irish address | €199 to €400 per year |
| Section 137 bond or resident director | not required | ~€1,600 to €2,000 per 2 years (bond) or €2,000 to €4,000 per year (director) |
| Identity paperwork (VIF notarization abroad) | usually none | €50 to €150 typical |
| Realistic year one total | €300 to €700 | €2,400 to €3,200 |
All service figures are 2026 market estimates. The one legal constant: without at least one director resident in an EEA state, Irish law requires a bond, and that requirement alone explains most of the gap between the two columns.
What the State actually charges
The CRO's own price list is short, and it is worth seeing naked before any package markup:
| Item | Official fee | Notes |
|---|---|---|
| Form A1 (incorporation) | €50 | Filed online through CORE; incorporation is now online only, so the old €100 paper fee you still see quoted around the web is no longer the relevant number |
| Company name reservation | €25 | Optional, holds a name for 28 days |
| Form B1 (annual return) | €20 | Every year, first one dated 6 months after incorporation |
Timelines: the Fé Phráinn online scheme processes a straightforward A1 in about 5 working days; an ordinary online filing takes around 10 working days. There is no premium same-day tier to upsell you, which is one reason Irish packages compete on bundled services rather than speed.
One myth to retire in three lines: Ireland has no minimum share capital to deposit. You do not need to lock €25,000 in a bank account the way some EU jurisdictions require; issuing 100 shares at €1 each is a perfectly normal capital structure, and the money does not have to sit anywhere special. Founders arriving from Germany or Austria ask this constantly, and the answer is genuinely "there is no such cost."
The step-by-step mechanics of the A1, CORE, and why filings get rejected are in our guide to registering a company in Ireland; which legal form the fees attach to is covered in Irish company types.
Formation packages: what €99 to €500 really buys
If the State charges €50, what is the other €49 to €450 in a package? Three recurring services, compressed into a headline price:
- Company secretary: every Irish company must have one, and if you are a sole director you cannot hold the seat yourself. A corporate secretary service runs €99 to €500 per year (market, 2026).
- Registered office: a physical Irish address for official mail, required by law. Service price €199 to €400 per year (market, 2026).
- Constitution drafting and the filing work itself, a one-time item worth tens of euros of effort for a standard LTD.
The advertised range in 2026 runs from €99 including CRO fees at the aggressive end of the local market to roughly $459 to $918 at international resellers. The number itself is not the problem. The problem is that the €99 headline is a year one acquisition price for services that renew at full rate, and the renewal line is rarely on the pricing page. Ask any provider two questions before paying: what does year two cost, and is the Section 137 bond included or extra? For a non-EEA founder the second answer is almost always "extra," and it is the biggest line on the bill.
The non-EEA surcharge: Section 137 bond or resident director
Here is the line item that separates the two columns in our first table. Under Section 137 of the Companies Act 2014, every Irish company must have at least one director resident in an EEA state. Residence, not citizenship. If no director qualifies, the company must hold a bond, in the prescribed form, to the value of €25,000, which in practice the market sells as a two-year insurance product.
What it costs, as observed on 2026 provider pages:
- The bond: premium of roughly €1,600 to €2,000 including VAT per 2-year period (observed: €1,950 and €1,957.50 at two major providers). Non refundable, renewed every two years for as long as the company has no EEA-resident director.
- A resident director service: €2,000 to €4,000 per year at the reputable end of the market.
| Horizon | Bond route | Resident director route |
|---|---|---|
| Year 1 | ~€1,600 to €2,000 | €2,000 to €4,000 |
| 2 years | ~€1,600 to €2,000 | €4,000 to €8,000 |
| 5 years | ~€4,000 to €5,000 | €10,000 to €20,000 |
On pure cost, the bond wins at every horizon, and it is not close. What the director service buys for two to four times the money is a human: a local signature, materially better odds with Irish banks, and substance for a VAT registration file. Which one fits your situation, including the exemption route under Section 140 and the traps in each option, is the entire subject of our non-resident director guide. Treat this section as the price tag and that guide as the manual.
- Year 1: about €1,600 to €2,000
- 2 years: still about €1,600 to €2,000, the bond runs two years
- 5 years: about €4,000 to €5,000
- Cheapest legal compliance, and nothing else
- Year 1: €2,000 to €4,000
- 2 years: €4,000 to €8,000
- 5 years: €10,000 to €20,000
- Buys a human: a local signature, materially better odds with Irish banks, and real substance
- CRO filing fee (Form A1, online)€50
- Section 137 bond or resident director~€1,800
- Secretary, registered office and accounting~€1,200
Recurring costs from year two
Year one gets the attention, but the renewal bill is what you actually live with. For a non-EEA founder with no Irish presence, as of 2026:
| Recurring line | Annual cost | Official? |
|---|---|---|
| B1 annual return | €20 | Official |
| Company secretary service | €99 to €500 | Market |
| Registered office service | €199 to €400 | Market |
| Section 137 bond (amortized) | ~€800 to €1,000 | Market |
| Accountant and annual accounts | €1,000 to €2,500 | Market |
Call it €1,500 to €2,500 per year before accounting, and €2,500 to €4,500 with a bookkeeper and accounts preparation once there is any real activity. An EEA-resident founder doing their own admin pays a fraction of this. Neither number is scandalous; the scandal is only that no pricing page adds it up for you.
The cost of being late
Ireland's compliance penalties are mechanical, and the B1 annual return is where founders get burned:
- A late B1 costs €100 immediately plus €3 per day, capped at €1,200 per return.
- Worse than the fine: losing the audit exemption. A small company that files late can be forced into audited accounts, a €3,000 to €8,000 expense that dwarfs every fee in this guide. Under the reform in force since July 2025, the exemption is lost on the second late filing within five years rather than the first, a softening half the internet has not caught up with.
The full compliance calendar, deadlines and what a missed year actually costs is in the Irish company compliance guide.
VAT: the number your company does not automatically get
A quiet cost trap, and the one the formation packages never mention: incorporating in Ireland does not give you a VAT number. Registration is a separate Revenue process, and for a company managed from outside Ireland it is not a formality.
The 2026 registration thresholds, €42,500 for services and €85,000 for goods, apply to businesses established in Ireland. A company with no Irish establishment has a nil threshold: in principle it must register from its first euro of taxable Irish supplies, and at the same time Revenue actively questions applications from companies with foreign directors and no local substance.
Expect questionnaires, requests for contracts or evidence of Irish trade, and three to four weeks or more of processing; complex files often need a tax advisor at €500 to €1,500. Budget for that reality rather than discovering it mid-launch.
How VAT interacts with the 12.5% rate and with your position as a foreign owner is covered in Ireland corporation tax and Irish company taxes for non-residents.
Ireland vs UK vs Estonia: entry cost for a non-EEA founder
Three lines of framing, because cost never decides alone:
| Ireland | United Kingdom | Estonia | |
|---|---|---|---|
| State formation fee | €50 | £50 | ~€265 |
| Residency barrier | Yes: EEA director or ~€2,000 bond | None | None (e-Residency card instead) |
| What you get | EU market access, 12.5% trading rate | Speed and simplicity, outside the EU | EU access, full remote admin |
Ireland is the only one of the three with a bond-type barrier for non-EEA founders, and it is worth saying so: you are paying roughly €1,000 a year, amortized, for an EU member state company that the UK cannot offer post-Brexit. Estonia removes the residency barrier but taxes distributed profits differently and has suspended e-Residency applications from Russia and Belarus. The full strategic comparison lives in why incorporate in Ireland, and the country-specific paths for founders from restricted jurisdictions will be covered in our upcoming origin guides.
The bottom line
The arithmetic: €50 to the State, €300 to €700 all-in if you are EEA-resident, €2,400 to €3,200 in year one if you are not, then €1,500 to €2,500 per year in recurring costs before accounting. The Section 137 line is the pivot of the whole bill, and choosing between the bond and a resident director by price alone is a mistake this cluster exists to prevent.
If you want the full picture priced for your specific situation, formation, secretary, registered office and the Section 137 decision handled in one place, start with the Ireland formation package or talk to a specialist before you commit to any provider's headline price.
Frequently asked questions
How much does it cost to set up a company in Ireland?
The CRO charges €50 to file Form A1 online. A realistic all-in first year is €300 to €700 for an EEA-resident founder and €2,400 to €3,200 for a non-EEA founder once the Section 137 bond or a resident director service is included.
How much does an Irish company cost for a non-resident?
Expect roughly €2,400 to €3,200 in year one: CRO fee, secretary service, registered office, identity paperwork and either the bond (~€1,600 to €2,000 per 2 years) or a resident director (€2,000 to €4,000 per year). Recurring costs from year two run €1,500 to €2,500 before accounting.
What is the CRO fee to register a company?
€50 for Form A1, filed online through CORE. Incorporation is online only; the €100 paper fee still quoted on many sites is outdated. Name reservation is an optional €25.
How much is the Section 137 bond?
The bond must cover €25,000 under the statute; market premiums in 2026 run about €1,600 to €2,000 including VAT for a two-year period, non refundable. Market documentation often quotes €25,394.76 of cover, a figure inherited from the pre-2014 regime.
Can I avoid the bond?
Yes, three ways: have at least one director genuinely resident in an EEA state, hire a resident director service (€2,000 to €4,000 per year), or qualify for the Section 140 exemption, which requires a real and continuous link with economic activity in Ireland. Details in the non-resident director guide.
What are the annual costs of an Irish limited company?
At minimum: €20 for the B1 annual return, plus secretary (€99 to €500) and registered office (€199 to €400) if you buy them as services, plus the bond amortized (~€800 to €1,000 per year) for non-EEA boards, plus €1,000 to €2,500 for accounting once active.
Do I need a company secretary?
Yes, every Irish company must have one, and a sole director cannot be their own secretary. Solo founders buy a corporate secretary service for €99 to €500 per year.
Is there a minimum share capital in Ireland?
No. There is no capital to deposit or block. Issuing 100 shares at €1 each is standard, and the money does not need to sit in any special account.
What happens if I file my annual return late?
An immediate €100 penalty plus €3 per day, capped at €1,200 per return, and a second late filing within five years costs the audit exemption, which means a forced audit at €3,000 to €8,000.
Sources
- CRO: incorporation fees, filing methods and annual return deadlines
- Irish Statute Book: Companies Act 2014, Section 137 (EEA-resident director or bond)
- Revenue: VAT registration and thresholds
CRO fees and Companies Act provisions are checked against official sources as of August 2026; bond premiums, secretary, registered office, accounting and package prices are 2026 market estimates that vary by provider, not official rates. VAT thresholds and late-filing consequences should be confirmed on revenue.ie and cro.ie before relying on them.
