The Companies Amendment Bill 2009 was published on 9 April 2009. Section 10 of the bill changes the requirement for an Irish resident director to a requirement for an EEA resident
director. The EEA is all of the EU plus Iceland, Liechtenstein and Norway.
It is important to note that this change does not affect rules concerning the tax residency of a company. It most circumstances it is still important to retain an Irish resident director in order to help to demonstrate that the company is managed and controlled in Ireland.
For more information, see our Guide for Non Residents Setting Up A Company in Ireland