An exemption from filing financial statements with the Companies Registration Office (CRO) can make an unlimited company attractive to business owners who want to keep their financial information private. However, converting an LTD to an unlimited company does not automatically mean that the company can claim this filing exemption. The ownership and group structure must
See our September Newsletter for info on some of the most common issues encountered when filing annual returns and financial Statements. Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
Every company is required to file a B1 Annual Return and financial statements with the Companies Registration Office in each calendar year (except for first B1 or extending an Annual Return Date (“ARD”). The information filed must be the details of the Company as at the ARD so if there is a changes such as
The Companies Registration Office have issued its first report providing statistics on a quarterly basis in relation to the lifecycle of a company: Incorporations, Restructuring, Liquidations; and Strike Offs Incorporations The standout statistic is that 7,483 new companies were incorporated in Q1 2026, the highest quarterly figure recorded in the report and 15% higher than
Each year we highlight some Company Law and Company Secretarial points to consider and the following are the points to consider for 2026:- Review ARD List The new year should start with a full review of all the Annual Return Dates (“ARD”) for your companies to ensure that you maximise the use of the 9-month
Chartered Accountants Ireland recently published an article that we contributed to on Tips and Pointers for Filing Annual Returns at the Busy Filing Season. As mentioned in the article the CRO have reminded presenters using Company Secretarial software that the annual return has be received on their system before the filing deadline and any delay
The Companies Registration Office confirmed today that the involuntary strike off process has recommenced since the middle of August 2025. Approximately 35,000 companies are facing involuntary strike off for failure to file late annual returns. The process was paused in March 2020 due to Covid and recommenced in late 2023. It was subsequently paused again
The CRO recently published its 2024 Annual Report and we have set out some of the main highlights from the annual report below. 324,531 companies on the register at the end of 2024 An extra 15,720 companies on the register at the end of 2024 (no involuntary strike off occurred in 2024) 566,827 submissions filed
The RBO recently published its 2024 Annual Report. The main highlights from the report are:- Live companies required to file with the RBO 314,054 Companies which had registered beneficial owners with RBO 276,891 In 2024, the RBO issued 4,087 Rejection/GDPR letters to data subjects whose personal details were used in RBO submissions which failed the
The Charities Regulator recently released its 2024 annual report and we have detailed some of the main highlights from the report. 11,445 charities on the Register of Charities Estimated to be worth €32 billion to the economy and involve over 280k employees 4,752 are registered companies 331 have an income over €5 million 127 newly