Limited PartnershipIreland
What it takes to form, own and run a limited partnership in Ireland, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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must consist of one or more persons called general partners, who shall be liable for all debts and obligations of the firm, and one or more persons to be called limited partners
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must consist of one or more persons called general partners, who shall be liable for all debts and obligations of the firm, and one or more persons to be called limited partners
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Limited partnerships, investment limited partnerships and general partnerships are generally treated the same for direct tax purposes.
Form it
Who registers it
- Registry
- Formed without visiting
- Not in our records
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Does not apply
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 2 · at most 20
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must consist of one or more persons called general partners, who shall be liable for all debts and obligations of the firm, and one or more persons to be called limited partners
- A local company secretary
- Does not apply
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the Limited Partnership.
Important dates
When each obligation falls due, as the authority states it.
- Partnership return
- 31 October
With Revenue Commissioners
Revenue's manual says limited partnerships and general partnerships are generally treated the same for direct tax; the 2023 form's date was 31 October 2024. Rule taken from the 2023 form; the current-year form was not read.
What is public
Not in our records What the register shows the public is not in our records for the Limited Partnership.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
Limited partnerships are generally treated as tax transparent for direct tax purposes; the partners are taxed on their share of the income and gains.
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Limited partnerships, investment limited partnerships and general partnerships are generally treated the same for direct tax purposes.
- CFC rules in Ireland
- Yes
Close it
Closing it
The other end, which most guides leave out.
Not in our records Route, Statutory fee: none of these is in our records for the Limited Partnership.
Every business in Ireland
VAT
- Standard rate
- 23%Official European Commission, Taxes in Europe Database situation on 2026-07-01
- Other rates
- 13.5% Hotel lettings, admissions to cinemas, theatres, museums and exhibitions, amusement services, certain printed matter, certain fuels, building, repair, cleaning and maintenance services
- 9% Periodicals, e-periodicals, sport facilities, electricity and gas
- 4.8% Livestock in general, including horses intended for food or agricultural production
- 0% Exports, intra-Community supplies to VAT-registered EU businesses, certain food and drink, books and e-books, children's clothing and footwear, and solar panels on private dwellings and recognised schools
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Effective from Standard rate (%) Reduced rate (%) Second reduced rate (%) Livestock rate (%) Flat-rate addition (%) 1 January 2025 23 13.5 9 4.8 5.1
- Registration threshold
- EUR 42,500
services only; €85,000 for goods, and for goods-and-services where 90% or more of turnover is from goods; 12 months
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Value-Added Tax (VAT) registration is obligatory when your annual turnover exceeds the VAT thresholds. If your turnover is less than a threshold limit, you may elect to register for VAT.
- Voluntary registration
- Yes
A business below the threshold, and farmers and fishers, may elect to register for VAT; an election can only take effect from a current date, not retrospectively.
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Value-Added Tax (VAT) registration is obligatory when your annual turnover exceeds the VAT thresholds. If your turnover is less than a threshold limit, you may elect to register for VAT.
- A foreign company
- Registers from its first taxable supply
A person not established in the State must register and account for Irish VAT on taxable supplies to taxable customers irrespective of turnover, unless the EU VAT SME Scheme applies. Revenue's guidance names no tax representative requirement.
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A person, while not established in the State, needs to register and account for VAT if that person supplies
- Returns filed
- Depends on the business
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The taxable period is a two-month period (bi-monthly) commencing on the first day of January, March, May, July, September and November.
- Tax authority
- Registration page read 2026-10-22
Portals and registers
- Business registerCompanies Registration Office (CRO)
- Tax authorityOffice of the Revenue Commissioners (Revenue)
- Tax treatiesRevenue – Double Taxation Treaties listing
Payment and banking services
6 services name Ireland on their own list: Paysera, Airwallex, Stripe, Revolut, N26, bunq. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Limited partnershipDerived our grouping, the same words in every country
- Name in law
- Limited Partnership
- ISO 20275 code
- HNJKSecondary GLEIF, Entity Legal Forms code list