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A Subscription letter outlines the terms and conditions when investing in shares, funds, or other securities in Ireland. It serves as a formal agreement between investors and the company or fund, documenting key details like the number of shares, price per unit, and payment terms.

Irish companies commonly use these letters during funding rounds, IPOs, or private placements to confirm investor commitments and ensure compliance with the Companies Act 2014. The letter also typically includes investor warranties, representations, and important disclosures required under Irish financial regulations. Once signed, it becomes a binding contract that protects both parties' interests.

Use a Subscription letter when raising capital through share offerings or investment funds in Ireland. This document becomes essential during private placements, seed funding rounds, or when launching investment products that need clear terms between parties.

The timing matters most during active fundraising phases - like when your startup needs to document new investor commitments, or when launching a regulated investment fund. Irish law requires these formal agreements before accepting investor funds, making them crucial for both compliance and protecting everyone's interests. They're particularly important when dealing with multiple investors or complex investment structures.

• The most common types of Subscription letters in Ireland include Private Company versions (used for early-stage funding and share issuance), Fund Investment letters (tailored for regulated investment products), Public Offering letters (for IPOs and listed securities), and Simple Agreement versions (for startup bridge funding). Each type adjusts key sections like investor warranties, payment terms, and regulatory compliance statements based on the investment context.

• Investment Companies: Issue Subscription letters when raising capital, preparing them with their legal teams to ensure compliance with Irish financial regulations.
• Investors: Review and sign these letters to formally commit funds and acknowledge investment terms and risks.
• Corporate Lawyers: Draft and customize the letters to protect client interests and meet regulatory requirements.
• Fund Managers: Use these documents to formalize investor participation and maintain proper documentation.
• Company Directors: Review and authorize the letters as part of their corporate governance duties.

• Investment Details: Gather precise information about share price, number of units, and total investment amount.
• Company Information: Compile current shareholding structure, company registration details, and relevant board resolutions.
• Investor Details: Collect full legal names, addresses, and tax reference numbers of all participating investors.
• Payment Terms: Define payment schedule, bank details, and any specific conditions for fund transfers.
• Legal Requirements: Our platform ensures compliance with Irish Companies Act 2014 requirements and includes all mandatory warranties and representations.

• Subscription Details: Clear statement of shares/units being purchased and price per unit
• Payment Terms: Specified payment method, timeline, and bank account details
• Investor Warranties: Declarations about investor status, financial capacity, and understanding of risks
• Company Representations: Statements about share validity and company status under Irish law
• Regulatory Compliance: References to relevant sections of Companies Act 2014 and financial regulations
• Execution Block: Properly formatted signature sections for all parties, with witness provisions
• Governing Law: Clear statement of Irish law jurisdiction and dispute resolution process

A Subscription letter differs significantly from an Engagement Letter in both purpose and legal effect. While both documents establish formal relationships, they serve distinct functions in Irish business law.

• Primary Purpose: Subscription letters specifically document investment commitments and share purchases, while Engagement letters outline professional service arrangements and terms.
• Legal Framework: Subscription letters fall under Irish securities and company law, focusing on capital raising. Engagement letters operate under professional services and contract law.
• Financial Implications: Subscription letters involve direct capital investment and share ownership transfers. Engagement letters typically cover fee structures and service delivery terms.
• Required Content: Subscription letters must include share details, investor warranties, and regulatory compliance statements. Engagement letters focus on scope of services, timelines, and professional obligations.