Posts Tagged: Group

The introduction of group audit exemption and the return to economic activity and company restructuring has led to an increase in group structures being created. More companies are being set up using personal holding companies or company restructuring or succession planning are all leading to an increase in the creation of groups. The Companies Act 2014 defines what a group is and we will examine one of the common ways of creating a group using a Golden Share.

We have a group of companies with one of the companies in the group is regulated by the Central Bank. Can the rest of the group avail of audit exemption? One of the most welcome provisions of the Companies Act 2014 was the introduction of group audit exemption. Sec 359 provides that a small group

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