Ireland has several company types defined by the Companies Act 2014. Each type has different rules for directors, shareholders, liability, and reporting. Here is what each abbreviation means.
LTD — Private Company Limited by Shares
The most common type in Ireland. A LTD company has limited liability, can have 1–149 shareholders, and needs just one director (plus a company secretary, unless they have two directors). It has a one-document constitution. Over 90% of new Irish companies are registered as LTD.
DAC — Designated Activity Company
Similar to a LTD but with an objects clause that limits the company's permitted activities. A DAC has a two-document constitution (memorandum and articles of association). It must have at least two directors. Common for regulated businesses like financial services and special purpose vehicles.
PLC — Public Limited Company
A company whose shares can be offered to the public and traded on a stock exchange. Minimum share capital is €25,000 (at least 25% paid up). Must have at least two directors and a company secretary. Subject to more stringent reporting requirements.
CLG — Company Limited by Guarantee
Has no share capital. Members guarantee a nominal amount (typically €1) in the event of winding up. Used by charities, sports clubs, management companies, and not-for-profit organisations. Must have at least two directors.
UC — Unlimited Company
Members have unlimited liability for company debts. The trade-off is reduced filing requirements — unlimited companies may not need to file public financial statements. Rare in practice.
Comparison Table
| Type | Min Directors | Liability | Share Capital | Common Use |
|---|---|---|---|---|
| LTD | 1 | Limited | No minimum | Most businesses |
| DAC | 2 | Limited | No minimum | Regulated entities |
| PLC | 2 | Limited | €25,000 | Listed companies |
| CLG | 2 | Guarantee | None | Not-for-profits |
| UC | 2 | Unlimited | Varies | Privacy-focused |
How to Find a Company's Type
Search any company on Businesses.ie to see its registered type. You can also browse the A-Z directory which shows the company type alongside each entry.
Summary
LTD is the default choice for most Irish businesses. DAC suits regulated activities. PLC is for public markets. CLG is for not-for-profits. UC offers privacy but unlimited liability. Choose based on your liability needs, number of shareholders, and regulatory requirements.