Important changes regarding the small audit exemption in Ireland Section 22 of the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 was officially commenced on 16 July 2025, bringing welcome relief to small, micro, and dormant companies that miss their annual return deadlines. What’s Changed? Under the previous legislation, any company that filed its financial statements late would [...]
After the recent publication of the Corporate Enforcement Authority (CEA) Annual Report for 2024, there has been a lot to digest and take from it. (For more insights, the full report is available for download from their website HERE) Interestingly, we saw 22 individual case studies which provided us with examples of the consequences of a variety [...]
The Companies Registration Office (CRO) recently held its latest Stakeholders’ Meeting, sharing a number of useful updates for anyone involved in running or supporting companies in Ireland, Here is a summary of some of the points discussed: Company Formations on the Rise There has been a notable increase in new company registrations in Ireland. Formation numbers [...]
Registrar of Beneficial Ownership (RBO) Enforces New Powers Under Companies Act 2014 The Registrar of Beneficial Ownership of Companies and Industrial & Provident Societies (RBO) has swiftly utilised her new authority under Section 726(i) of the Companies Act 2014. This section permits the involuntary strike-off of companies that fail to file beneficial ownership details. Warning [...]
New PPSN Requirement The Companies Registration Office (CRO) have announced that the new requirement for directors to supply their PPSN’s (Personal Public Service Numbers) when making certain filings will commence on April 23rd, 2023. These filings include: Incorporating a new company (Form A1) Notifying a change of director (Form B10, B69) Filing the yearly Annual Return [...]