Every January we set out ten points to consider from a company law and company secretarial practice perspective. These are practical points for all firms to consider that may bring some benefit to the services you provide. As always if we can be of any help please feel free to contact any one of the
If an existing company does not have a EEA Resident Director or a Non-Resident Bond then it may make an application to the Revenue Commissioners for a Section 140 Real and Continuous Link Certificate.This will become an important option for companies post Brexit. This certificate states the company “has a real and continuous link with
If a company has ceased to trade or has never traded an alternative to placing the company into liquidation is applying for voluntary strike off.
Registration of a Business Name obligatory if any individual or partnership or any corporate bodies carries on business under a name other than their own true names. The purpose of registration is to make public aware of the identities of individuals behind the business name. The applicant must have a place of business in the State.
Section 30, s. 191(2) and s. 198(4) of Companies Acts 2014 states that a company may, by special resolution, with the approval by the Registrar of Companies signified in writing, change its name.
One of the most common changes in a company is the appointment or resignation of a director or the company secretary. Even though it appears to a straight forward process it should be completed correctly and is more than simply filing a B10 form.
At least one of the directors of a company is required to be resident in a member State of the European Economic Area (EEA). However having an EEA-resident alternate director does not satisfy this requirement. This will become an important requirement post Brexit.
Alteration of Constitution The Conversion Deadline Has Passed…. So what now? The Companies Act 2014 was introduced on 1st June 2015 and it replaced the Companies Acts 1963-2013. As well as consolidating the previous legislation it also sought to simplify procedures and introduced changes in practices. With the transition period now well and truly behind
Removal of a Director In recent years we have seen a number of high profile companies at which resolutions have been put forward by shareholders to remove directors from the board. We have also seen a noticeable increase in queries and engagements to remove directors from SME companies. There are various reasons for this mainly
It was good while it lasted but all good things come to an end at some stage and CRO have brought an end to the get out of jail card for filing late returns. From 1st April 2018, B1’s will be automatically rejected where the B1 signature page or overall certificate is not signed; or