Since the end of the transition period, the UK’s departure from the EU has resulted in uncertainty as to whether Northern Ireland resident directors meet the requirement set out in Section 137 Companies Act 2014 for an Irish registered company to have at least one EEA resident director. Chartered Accountants Ireland has been corresponding with the Irish Government on this issue and we are told that the advice of the Attorney General is still awaited.
We know from member feedback that the lack of clarity is causing operational issues within some companies.
Our most recent letter to Tánaiste Leo Varadkar, the most recent response from the Government and previous letters are available on our website.