Guide on Legal and Tax Implications regarding Director's Loan Account in Ireland. Learn more on how to minimise the risks involved today.Putting some money into your limited company and wondering how to open your director's loan account? If a company (such as a bank) lends money as part of its business, it can lend to its directors. I am trying to find a way to enter money taken out of the business as a loan from the company to the Director, and I'm not sure what ledgers to set up. Loan or advances not to be treated as annual payments. Where a close company makes a loan or advance, for any purpose, to a director or. A provider of Registered Agent, UCC search and filing, compliance and entity services, CSC helps Fortune 500 corporations do business better. Accenture embraces the power of change to create 360° value and shared success for our clients, people, shareholders, partners and communities. We are a focused biopharma company with strong momentum and big ambitions, to unite science, technology and talent to get ahead of disease together.