Section 110 Companies
We provide expert accounting services for Section 110 companies, ensuring full compliance while you focus on your core business.
Expert Accounting and Compliance Support for Section 110 Companies
A Section 110 company is a special purpose vehicle (SPV) established under Irish tax legislation and commonly used in structured finance and investment transactions.
Ireland is a well-established jurisdiction for these structures due to its legal framework, international recognition and access to EU markets.
At BBK Accounting & Business Services, we provide accounting and compliance support to ensure these companies meet Irish regulatory and tax requirements.
What is a Section 110 Company?
These may include:
- Loans and receivables.
- Shares and securities.
- Financial instruments and derivatives.
- Other income-generating assets.
Section 110 companies are commonly used in:
- Securitisation transactions.
- Investment structures.
- Loan portfolio acquisitions.
- Structured finance arrangements.
Key Requirements, Features, and Who Can Benefit
- The company must be tax resident in Ireland.
- Qualifying assets must have a value of at least €10 million at acquisition.
- Notification must be made to Irish Revenue.
- The company must carry on a qualifying business.
Key Features
- Irish tax resident entity.
- Widely used in international finance.
- Access to Ireland’s double taxation treaty network.
- Potential for tax neutrality where structured correctly.
- Flexible structure for holding financial assets.
- Investment funds
- Asset managers
- International businesses
- Structured finance transactions
Our Services
We provide practical support for Section 110 companies, including:
Company Formation
Coordination With Legal & Tax Advisors
Important Considerations
Section 110 companies are governed by a set of specific rules and compliance requirements that must be adhered to in order to maintain their tax efficiency and legal standing. Proper structuring from the outset, as well as ongoing management and monitoring, are essential to ensuring these obligations are met.
At BBK Accounting & Business Services, we work closely with your legal and financial advisors to ensure that your Section 110 company remains fully compliant with Irish tax regulations, helping you navigate the complexities of these structures with confidence and ease.
Contact Us Today
If you are considering establishing a Section 110 company in Ireland or require ongoing support, please contact our team.
Need help?
Our client services team are always happy to talk to you about what’s best for your needs