another significant change in the requirements to form an eireli is the ability to be formed by a single investor, rather than by two as it was the case in the past.

generally speaking, The holder of the company is shielded  from the debts of the company, and his or her personal property cannot be used to satisfy the company's debts in case of bankruptcy or civil lawsuits.

there are a variety of restrictions that apply to this type of limited liability company, with one of the most important being that The individual investor setting up this type of company could only appear in a single company of this type.

The business name of the company must included the term 'EIRELI'.