The Mobility Directive finally implemented into Irish law
Cross-border conversions and divisions of Irish limited liability companies now possible.
In a radical change to Irish and EU company law, it is now possible for all Irish limited liability companies to migrate to other European Economic Area (EEA) countries while retaining their legal personality, and also to be divided into two or more companies across different EEA countries.
The European Union (Cross-Border Conversions, Mergers and Divisions) Regulations 2023 (the Mobility Regulations) were signed into law on 24 May 2023 by Minister for Enterprise, Trade and Employment, Simon Coveney, and have, for the most part, taken effect from that date (with a small number of provisions taking effect on 26 May 2023).
We are awaiting formal publication of the Mobility Regulations, which will be published on the Irish Statute Book in due course.
For more information on this please contact any member of our Corporate and M&A.
Date published: 26 May 2023