Designated activity company
{{short description|Type of company in Ireland}}
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A designated activity company (Irish: Cuideachta Ghníomhaíochta Ainmnithe) or DAC is a form of company in Ireland created by the Companies Act 2014. Like a limited company, designated activity companies have limited liability.{{cite web |title=Limited Company Types |url=https://cro.ie/registration/company/company-type-information/ |website=Companies Registration Office |access-date=5 November 2024}} Additionally, they may only carry out activities listed in their constitution documents, and so the concept of ultra vires continues to apply to them. Notable DACs include Ryanair{{cite web |title=Registered address and VAT number |url=https://www.ryanair.com/gb/en/corporate/registered-address |access-date=14 September 2023 |website=ryanair.com}} and Ulster Bank.