This Director Factsheet is courtesy of McCann FitzGerald
Considerable uncertainty remains on what will be agreed in terms of the relationship between the UK and the EU once the transition period ends. However, it is essential for businesses to consider Irish company law implications of Brexit for certain corporate structures such as those UK entities with Irish businesses and, Irish entities with UK directors or a UK holding company. These structures will need to be reviewed to determine whether they are still effective for their intended purpose and / or that they continue to fulfil conditions necessary to avail of relevant exemptions, particularly those availing of tax reliefs or accounting and reporting concessions.