Please see below for a summary of payment terms in Ireland and the various industries across which payment term legislation appears. You can also download a summary of all Irish payment terms by clicking the button below.
Please click here to view payment terms for the European Union.
The European Communities (Late Payment in Commercial Transactions) Regulations 2012 enacts the EU Late Payment Directive (see European Union for details). Additionally, in practice government entities target payment within 15 days rather than 30.
The Construction Contracts Act 2013 applies to contracts awarded after 25 July 2016. Main contractors are able to negotiate terms with clients however terms to subcontractors are limited to 30 days, or 14 days for work lasting less than 45 days.
S.I. No. 198/2021 – European Union (Unfair Trading Practices in the agricultural and food supply chain) Regulations 2021 enacts the EU UTP in the supply chain directive in The Republic of Ireland (see European Union for details).