By Shannon Power, 10th January 2025 Navigating the complexities of corporate compliance is a fundamental part of running a successful business company in Ireland, especially when it comes to ensuring your company meets its company secretarial obligations. These tasks, mandated by Irish law, are essential for maintaining good standing with the Companies Registration Office (CRO) and supporting […]
By Andrew Lambe, 8th January 2025 According to Companies Registration Office (CRO) figures announced at a stakeholders meeting this morning, new company formations increased 5.6% in 2024 compared to 2023. In 2024, there were 23,652 companies registered, compared to 22,384 in 2023. For the last number of years, this number has been consistently around the 22 […]
By Bébhinn Egan, 3rd January 2025 Starting a new business is an exciting journey, and choosing the right name can be a critical first step towards your entrepreneurial success. Registering a company name isn’t just a legal requirement—it’s a strategic decision that can significantly impact your brand’s identity and future growth. The process involves careful consideration […]
By Bébhinn Egan, 18th December 2024 Missing the annual return deadline for your company with the Companies Registration Office (CRO) can have serious consequences. If you fail to file on time, you may face penalties including late fees, loss of audit exemption, and potential legal action against your company or directors. Prompt action is crucial if […]
By Sinéad Floody FCG, 4th December 2024 The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 officially commenced on December 3rd. This act brings key updates to the Companies Act 2014. Key Highlights of the Act: Virtual and Hybrid Meetings: Companies can now hold fully virtual or hybrid general meetings, offering greater flexibility and inclusivity. […]
By Sinéad Floody FCG, 28th November 2024 Employee engagement is a critical driver of success in any organisation. To foster this, businesses often look for ways to incentivise their teams and ensure they feel invested in the company’s growth. One such initiative is the Key Employee Engagement Programme (KEEP) which is a tax-efficient share option scheme […]
By Sinéad Floody FCG, 20th November 2024 The European Union has taken a pioneering step by introducing the EU AI Act, the world’s first comprehensive law regulating artificial intelligence. This blog will help you understand the key aspects of this ground-breaking legislation and how it will impact your business. What is the EU AI ACT? The […]
By Shannon Power, 13th November 2024 Restoring a dissolved company to the Companies Register can be essential for many businesses and individuals, whether for reclaiming assets, resolving outstanding debts, or reactivating a previously closed entity. However, the process varies depending on how long the company has been dissolved. For companies that have been off the register […]
By Sinéad Floody FCG, 12th November 2024 On November 6th, 2024, Seanad Éireann passed the General Scheme of the Companies (Corporate Governance, Enforcement, and Regulatory Provisions) Bill 2024, which President Higgins signed into law on Tuesday, November 12th. The Bill will commence once the CRO is prepared to do so. Overview of the Companies Bill 2024 […]
By Shannon Power, 1st November 2024 When shareholders need to change ownership of their shares, whether by selling, gifting, or passing them on, understanding the process of a share transfer is essential. A share transfer involves legally transferring ownership rights from one individual or entity to another and plays a crucial role in corporate operations. This […]
