Companies Registration Office Annual Report 2021

Posted on 19 August 2022 by Conor Sweeney

The CRO has issued its annual report for 2021 and the following are some of the key points from the report:-

  • 270,835 companies on the Register at the end of the year
  • 510,000 submissions filed with the CRO
  • Over 89% of all documents filed with the CRO were filed electronically
  • 594 Sec 343 notices of applications from companies to the District Court for extension of time to file a late annual return. Zero applications were refused by the Courts
  • No reports of unregistered auditors attempting to file false auditors’ reports
  • 25,468 new companies formed in 2021 an increase of 16%
  • 2,122 on average per month compared with 1,822 in 2020
  • 202 external company registrations 116 from the UK
  • 428 companies re-registered down from 676 in 2020
  • 3,691 persons on the register of Disqualified Persons
  • 481 persons on the Register of Restricted Persons
  • 24 companies struck off the Register because of no EEA resident director appointed
  • 7,033 companies struck off voluntarily in 2021 an increase of 28% over 2020
  • 140 companies restored to the register (72 Court and 68 administrative) a 53% decrease from 2020
  • 23,374 business names registered electronically an 8% increase on 2020
  • 334 Limited Partnerships registered in 2021 an increase from 214 registered in 2020
  • 10,309 companies paid late filing penalties in 2021 with an average late filing fee of €580
  • 2,697 change of company names
  • 7 companies went into examinership
  • No notices from auditors that Proper Books Were not Kept
  • 749 companies purchased their own shares

 

Note: The content of this article is provided for information purposes only and does not constitute legal or other advice.

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