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CLIFFORD CHANCE EXECUTION VERSIONARDMORE SECURITIES NO. 1 DESIGNATED ACTIVITY COMPANY
AS ISSUER
ULSTER BANK IRELAND DAC
AS SELLER, SERVICE, COLLECTION ACCOUNT BANK AND
SUBORDINATED LOAN PROVIDER
THE
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How to fill out 1 designated activity company
01
Determine the type of designated activity company you want to establish.
02
Choose a suitable company name and check its availability with the relevant authority.
03
Prepare the necessary incorporation documents, including the memorandum and articles of association.
04
Determine the share structure and distribution of profits within the company.
05
Appoint directors and secretary for the company.
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Register the company with the appropriate authority and pay the required fees.
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Obtain any necessary licenses or permits required for the designated activity.
08
Comply with all legal and regulatory requirements for operating a designated activity company.
Who needs 1 designated activity company?
01
Any individual or group of individuals who wish to engage in specific designated activities such as investment funds, real estate holding, or asset management.
02
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Entrepreneurs and investors looking for a flexible corporate structure with limited liability protection.
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Those seeking to establish a distinct legal entity for tax planning or asset protection purposes.
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