Companies Registration Office Annual Report 2021

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

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