Irish company set up
Upon request, we can set up an Irish limited company for you to use as a holding company for your boat or yacht. Because of the Brexit, Ireland has become the cheapest and most suitable country to set up a limited liability company to be used for the registration of your boat.
We will set up a “dormant” company for you to register your yacht. A dormant company is a dormant company that has no commercial or economic activities. As a result, it has very limited formal obligations.
If you want a cheaper alternative, we can set up the UK BV for you until the end of this year (until the end of 2020, due to the Brexit).
Advantages of an Irish limited liability company
- Suitable for all European boat registrations
- Your business is set up within 2 days
- Affordable annual fees
- The company is inactive, leaving you with minimal liabilities
- You are the sole beneficiary of the company
- BlueWater Registration Services handles all necessary paperwork such as the annually required tax return
How does it work?
Do you need an Irish BV because you do not have a European passport and want registration in one of the EU countries? BlueWater Registration Services provides its services to clients from all over the world. Our registration service handles the entire registration in English. You only need to follow a few simple steps in our online registration process. Once we receive the required documents, we will forward your information to the authorities and set up your Irish BV within 2 days. Upon completion, the registration information will be sent to you via Express Shipping.
I do not have a European passport
If you want an Irish BV without a European passport, there are several options:
- We nominate an EU resident as a director, this is arranged through our Irish partner company. There is an additional charge for this.
- You nominate a family member, friend or acquaintance with an EU passport as director. There is no additional charge for this.
All obligations related to filling out documents and making sure your company is known as trustworthy will be taken care of for you. Of course, you are also allowed to take care of this yourself. You can choose this during the online registration process.
I have a European passport
If you have a European passport, you can act as a director yourself or you can nominate an EU/EEA resident of your choice as a director.
How much does an Irish BV cost?
Possess an EU/EEA passport
If the owner of the yacht has an EU/EEA passport and can himself act as the director/shareholder or can nominate an EU/EEA resident as director, the registration fee is €750. The annual fee is € 850.
Not holding an EU/EEA passport
In this case, our local Irish partner will nominate an EU resident as a director of your company, of which you will be a 100% shareholder. This service requires more paperwork, responsibility and time. The registration fee is €1350 and the annual fee is €1450.
These prices include:
- Processing your request
- Setting up the Irish BV and all associated costs
- Correspondence with Irish authorities
- Registration documents
- Irish taxes and surcharges
- Current and future enterprise bonuses
- Mandatory Irish address and representation
- Shipping costs via courier
What documents are required for an Irish limited liability company?
During the online registration of a UK limited company, we require the following documents from you:
- Identification of all shareholders
- Evidence of the addresses of all shareholders
- Identification of all directors
- Evidence of the addresses of all directors
Note: All documents must be written in English. If the documents are not in English, a translation of these documents must be provided. This can be done by you, the yacht owner or a formal translator.
Reliable company with verified references
We are an experienced company specializing in boat registrations and have been doing so for more than 10 years. We help people all over the world. If you still have such doubts, please read our reviews from satisfied customers around the world. You can read their own experiences with our company at the bottom of this page (verified references by TrustPilot).