Whether you are a business owner or advisor, ensuring company secretarial compliance is a crucial part of operating a company and involves navigating a broad spectrum of areas and tasks. This responsibility includes filing annual returns, maintaining statutory registers and ensuring adherence to corporate governance standards, among other duties. Given the complexity and importance of these [...]
What to do with Dormant Companies? With the Companies Registration Office (CRO) set to re-commence their involuntary strike off regime, it's crucial for companies to stay vigilant. Even a single late annual return could put a company at risk of strike-off. Prompt action is essential to prevent possible enforcement by the CRO. Dormant companies are still [...]
Section 137 of the Companies Act 2014 sets a requirement for every company registered in the Republic of Ireland to have at least one director who is resident in the European Economic Area (EEA). The EEA comprises the 27 EU countries plus Iceland, Liechtenstein, and Norway. The requirement for an EEA-resident director is not just a [...]
Recording Satisfaction of Mortgage/Charge Payments at the CRO When an Irish registered company has either fully or partly paid off a mortgage or charge, it is vital to record this at the Companies Registration Office (CRO). This ensures that external third parties, such as potential investors, creditors, other lenders, and credit rating agencies, are made aware [...]