Trusts required to register and certain exemptions

Non-residents

Trusts where none of the trustees are resident in the European Union (EU) and not administered in the EU, must register with the Central Register of Beneficial Ownership of Trusts (CRBOT) if:

• a trustee enters into a business relationship in the State on behalf of the trust
• or
• a trustee acquires land or other real property in the State in the name of the trust.

This will apply as long as:

• the business relationship exists
• or
• the land or property continues to be held by a trustee in the name of the trust.

Registration queries should be submitted to NonResCRBOT@revenue.ie.

A trust which is already registered in the United Kingdom (UK) with His Majesty's Revenue and Customs (HMRC) is required to register on the CRBOT if they meet either of the above criteria.

Note

‘Business relationship’ means a business, professional or commercial relationship between a designated person for anti-money laundering purposes and their customer. The designated person must expect this relationship to be ongoing.

Non-resident EU trustees that have business relationships or property in more than one Member State (MS) must acquire a MS certificate registrar where:

• a trustee enters a business relationship in Ireland on behalf of the trust
• or
• a trustee acquires land or other real property in Ireland in the name of the trust
• and
• the trustee has filed the information on the Central Register in another MS
• and
• the information is the same as what is required to be filed on the CRBOT (apart from the Personal Public Service Number (PPSN)).

The certificate should state that the trustee has filed the information on the Certificate Trust Register in that MS. The certificate must be available for inspection.

How to submit your application

Customers or their representative (presenter) can submit an application for a non-resident trust registration. Applicants will be asked to provide relevant details so that they can download and submit an application form. 

The details required are categorised in to three sections:

1. Trust details (the name of the trust and the type of trust), the presenter address and contact details.
2. Verification of the applicant's email address.
3. Upload of the beneficial owner template and other supporting documents. 

You can submit your application on the Non-resident trust registration portal.

Once an applicant validates their email address, they will then be able to download the Beneficial ownership details template (registration application form).

Next: Excluded arrangements