establish a hotel in ireland

Establish a Hotel in Ireland

A presentation brought to youby IrelandCompanyFormation.com

1

2

The Hotel Industry in Ireland

• The hotel industry in Ireland is a very productive economic sector.

• At the beginning of 2016, local authorities have announced the implementation of a new development project in this field, as an effect of the local and foreign demand for accommodation. 

3

Reasons to Open a Hotel in Ireland

• The tourism sector in Ireland is one of the most profitable industries in the country.

• Foreign investors with operations in the accommodation industry are advised to invest in this market, as there are many business opportunities in this sense.

4

Irish Hotels – Definition 

• According to the legislation, a legal entity offering accommodation is considered a hotel if the property has at least 10 rooms (with bathrooms) and if it provides breakfast and dinner.

• The legislation differs for hotels situated in Dublin Metropolitan District, where hotels are required to have at least 15 rooms. 

5

Legislation Applicable to Hotels in Ireland

• Hotels in Ireland are regulated by a star system awarded by Failte Ireland, under the rules of the Tourist Traffic Acts.

• In order to qualify as an accommodation unit, a hotel should receive at least a star (out of 5, which represent the highest class of hotels in the industry).

6

Obtaining a Certificate for a Hotel in Ireland >>

• In order to open a hotel in this country, the investor must register it with the Failte Ireland, an institution which issues certificates that attest the quality of services offered by the accommodation unit.

• Our Irish company formation agents can offer more details about the requirements of the institution. 

7

>> Obtaining a Certificate for a Hotel in Ireland 

• Failte Ireland issues certificates for new hotels in Ireland after performing a detailed verification of the following aspects of the unit : 

the premises of the building; entrances and exits; dining area; kitchen premises; lobby and lounges; rooms and bathrooms; safety and health regulations. 

8

Register a Hotel in Ireland >>

• The registration process of a hotel in Ireland is similar with the regular incorporation process.

• In the first phase, the foreign investor must choose a company name and a type of company suited for its business objectives.

• Our company formation experts in Ireland can offer you a detailed presentation on the main types of companies available here and help you choose the right one.

9

>> Register a Hotel in Ireland

• The other company formation steps in Ireland are:

drafting the articles of association;

establishing a business address; 

registering and complying with the requirements of the local authorities.

10

Business Consultancy in Ireland

• If you want to open a hotel in Ireland, please contact our team of Irish company formation representatives . 

• Our team of Irish consultants can also provide you with a wide range of company formation services: from drafting the articles of association to registering the company with the responsible authority.

11

Thank you for your attention!

• For more information please contact us at:

(+44)203-287 0408 (for international clients)

office@lawyersireland.eu

www.irelandcompanyformation.com