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Sat 09 Sep 2006Google opts for unlimited status at Irish subsidiary
Internet search engine giant Google has moved to shield from public view the affairs of its holding company in Ireland, which has annual royalty income of more than €300 million.
The California-based group applied to the Companies Office this week to re-register Google Ireland Holdings Ltd as a company with unlimited liability. While such a move is not without risk, unlimited companies have no obligation to file their annual accounts publicly.
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