What does OMC stand for?

OMC stands for Owners’ Management Company.

In Ireland, an OMC is a legal entity set up to manage the common areas of multi-unit developments (such as apartment blocks or housing estates with shared spaces). It is typically made up of the property owners within the development and is responsible for:

• Maintaining shared areas (hallways, lifts, gardens, etc.)
• Managing service charges and sinking funds
• Ensuring compliance with fire safety and insurance requirements
• Overseeing repairs, cleaning, and other communal services
• Holding Annual General Meetings (AGMs) and keeping proper records

OMCs are governed by company law (usually as CLGs – Companies Limited by Guarantee) and must comply with the Multi-Unit Developments Act 2011.