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  • Become An Owner

    Company

    Company Sub Page Banner /uploadedImages/Ownership/Content/Become_an_Owner/Subpage_Banners/RP_ID00287822.jpg

  • 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 should be completed in full.
    • Please refer to the checklist on Form D which outlines the company documents required to complete registration.
    • 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]

    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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