Activity in the State

Activity means any activity that a company may be lawfully formed to carry on and includes the holding, acquisition or disposal of property of whatsoever kind. A company may not be incorporated and registered unless it appears to the Registrar of Companies that the company, when registered, will carry on an activity in the State.

Form A1 contains a declaration, to be signed by a director or secretary of the company, or the solicitor, if any, engaged in the formation of the company, that one of the purposes for which the company is being formed is the carrying on by it of an activity in the State. This declaration must include the following particulars:

  • the general nature of the activity and the appropriate NACE Code Classification (the NACE code is the common basis for statistical classifications of economic activities within the E.C. set out in the Annex to Council Regulation (EEC) No. 3037/90 of 9 October 1990 on the statistical classification of economic activities in the E.C.);
  • if the activity cannot be classified under the NACE code, a precise description of the activity;
  • the place or places in the State where it is proposed to carry on the activity (full postal address(es) to be furnished); and
  • the place, whether in the State or not, where the central administration of the company will normally be carried on (full postal address to be furnished).

 

Nace Codes: Nace code 2 Sept 2019
 

In the event that a company is being formed to carry on two or more activities within the State, the particulars to be furnished in the declaration are those relating to the principal activity which the company is being formed to carry on in the State.

 

The Companies Act 2014 requires a declaration to be made which is simply a statement by an officer or solicitor regarding the activity being carried on by a company. Any person who makes a declaration which to his knowledge is false or misleading in any material respect is liable to prosecution in the District Court, and on conviction, will be subjected to a fine and/or imprisonment.