Part 16 – Designated Activity Companies

22-01-2014

Part 16 of the Act addresses the designated activity company or DAC. This will technically be a new type of private company, but will closely resemble the existing private limited company formed and registered under the Companies Acts 1963 to 2013, and will largely not benefit from the reforms in the law applicable to the new model private company limited by shares (or ‘LTD’).

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