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Become an Owner

COMPANY

What is a company?

A company may register as an owner. Horse(s) will race under the company name and carry the company colours.

A company director or secretary is appointed as the agent responsible for the administration and management.

Horse Racing Ireland strongly advises those considering this ownership format to speak with their accountant or tax advisor prior to this decision.

View our video guidance to find out more

HOW TO REGISTER

be sure to follow the checklist on the registration form

  • Form D Company Registration Form should be completed in full.
  • Please refer to the checklist on Form D which outlines the company documents required to complete registration.
  • If a company intends to publicly sell shares in horses full disclosure must be given to HRI at registration stage. In this instance form D1 must be filled out for each horse racing under the company name and a full list of all shareholders must be submitted to HRI on request. Form D1 can be requested from [email protected] 
  • It takes two working days to open a new account from when all paperwork and funds are lodged correctly.
  • Return Completed Form, ID and Company Documents to [email protected]
  • Click here to view HRI's Owner Eligibility 
  • To view HRI Directives Click Here


FEE BREAKDOWN

Initial Lodgement

Minimum

€1000

Authority To Act

Annual Charge

-€40

Colours

Annual Charge

-€40

Remaining Working Balance

€920

The remaining working balance should generally cover the cost of your first run on the track e.g. entry fees, jockey fee etc.

BANK ACCOUNT

The Owner Registration form requests the details of the company’s bank account. This bank account is used to transfer funds to and from the company’s HRI Account. To verify your bank account, the agent must submit a copy of the bank statement header confirming the account name, address and IBAN number.

HRI OWNER ACCOUNT

Once registered, the company will have a HRI Owners account opened to facilitate all debits and credits (prize money, entry fees, etc.). The company agent will have access to this account. Access this account online via the RAS System – this is similar to online banking, allowing you to make lodgements, withdrawals and to view statements.

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