The requirement to have an EEA resident director

Jan 13, 2021

Section 137 of the Companies Act 2014 requires an Irish-registered company to have at least one EEA-resident director, which until the 31 December 2020 could include a UK-resident director. We have written to the CRO to seek clarification on the impact (if any) that the Trade and Cooperation Agreement concluded between the EU and UK will have on this requirement, and whether UK-resident directors will be recognised as meeting this condition. We are aware that this issue is of concern to many members and we will keep you updated.