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Private Unlimited Company having a Share Capital
A private unlimited company is usually only used in cases where there is no great chance of huge losses and where there is no great fear of loss of limited liability. Unlimited companies may in certain circumstances, be exempt from the necessity to file accounts with the Registrar of Companies. It is also important to note that you cannot have a single-member unlimited company; an unlimited company must have a minimum of 2 shareholders.
If you have questions about different type of entities in Ireland, do not hesitate to contact us.