Section 137 Bond Ireland
A Section 137 bond is usually required where an Irish company has no EEA-resident director. We help non-resident founders arrange the bond, prepare the CRO filing details and form the Irish company correctly from the start.
Why founders choose this route
Clear pricing, practical formation support and the core documents needed for an Irish company.
Clear residency check
We confirm whether the company needs a bond, an EEA-resident director, or a section 140 certificate route.
Bond arranged with formation
The bond step is handled alongside company incorporation so the CRO application is not delayed.
Non-resident package support
We combine the bond, CRO filing, company documents, RBO support and selected first-year compliance services.
Director details reviewed
Residency, identity and officer details are checked before filing to reduce avoidable CRO issues.
Practical first-year guidance
We explain annual return, RBO and tax registration next steps after the company is incorporated.
No hidden bond explanation
You know what the bond covers, how long it lasts and what happens when it expires.
How company registration works
Check director residency
Tell us where each proposed director is tax resident and whether any director is EEA-resident.
Choose the route
We confirm whether the company needs a Section 137 bond, an EEA-resident director, or another option.
Prepare CRO details
We prepare the company formation details, registered office, directors, secretary and share structure.
File and follow up
The formation pack is submitted and we guide you through RBO, tax and annual return obligations.
Transparent package pricing
Compare what is included before you begin.
Bond Review
Free
Total price payable.
- Residency check
- Formation route recommendation
- Bond requirement explanation
- Package guidance
Non-Resident Formation
€2,499
Total price payable.
- Irish LTD company formation
- Non-resident director bond support
- CRO filing fees included
- First annual return included
- Company officer documents
- RBO registration support
Existing Company Support
On request
Total price payable.
- Director change review
- Bond timing guidance
- CRO document support
- Annual return risk check
Who needs a Section 137 bond?
A Section 137 bond becomes relevant when an Irish company has no director resident in the European Economic Area. This is common for founders based in the UK, United States, Middle East, Asia or other non-EEA locations who want to form an Irish limited company.
The requirement is one of the first checks to make before filing. If it is missed, the company formation may be delayed or the company may need to fix the officer structure later.
What does the bond cover?
CRO guidance explains that the bond is connected with certain liabilities such as fines or penalties under company and tax legislation. It does not replace the duties of directors, company secretary, annual returns, tax registration or beneficial ownership filings.
The bond should be treated as a compliance requirement, not as a full protection against running the company incorrectly.
Official references
Useful official guidance includes the CRO information on company officers, the CRO requirements for directors, and the CRO company incorporation leaflet.
Frequently asked questions
What is a Section 137 bond in Ireland?
A Section 137 bond is a bond used where an Irish company does not have at least one EEA-resident director. It is commonly needed for non-EEA founders forming an Irish LTD company.
How much is the Section 137 bond coverage?
CRO guidance refers to a bond in force to the value of €25,000. The bond is intended to cover certain fines or penalties if the company fails to meet specified obligations.
Does citizenship count for the EEA director rule?
The rule is about residency, not simply passport nationality. A director with an EEA passport who is not resident in the EEA may not satisfy the requirement.
How long does a non-resident director bond last?
The bond is normally arranged for a two-year period. Before it expires, the company should review whether to renew it, appoint an EEA-resident director, or qualify for another exemption.
Can I form an Irish company with no EEA-resident director?
Yes, but the company normally needs a Section 137 bond or another accepted exemption route. We can help identify the correct route before filing.