Who needs to file with the Central Register of Beneficial Ownership of Trusts (CRBOT)?

CRBOT Filing

By Sinéad Floody ACG, 26th November 2021 By now, all Trustees of relevant trust should have made their Central Register of Beneficial Ownership of Trusts (CRBOT) filings with Revenue. This requirement was implemented by the enactment of the Criminal Justice Act 2021 on 23rd April 2021, as a result of the 4th and 5th EU […]

Guide for Directors of Owners’ Management Companies (OMCs) in Ireland

Irish OMC multi unit development

By Caitlyn Buchanan, 14th October 2021 Chartered Accountants Ireland and the Housing Agency have recently published a guide for directors of Owners’ Management Companies (OMCs). In Ireland, OMCs are the bodies used to manage shared spaces and multi-unit development services such as apartments or housing estates including the maintenance of green spaces and facilities. Ireland […]

Many Irish Companies with UK Directors still need to secure a Post Brexit Director Bond

Comapnu Director Revenue bond

By Annette McCarthy, 5th October 2021 Many Irish companies with UK directors have still not taken action when it comes to Brexit and the need to secure a Revenue Bond. Since 1st January 2021, Irish companies with only UK-based directors are required to either appoint an EEA resident director or put in place a Section […]

What is the difference between a Certificate of Incumbency and a Certificate of Good Standing?

Certificate of Incumbency and Letter of Status

By Caitlyn Buchanan, 17th September 2021 A Certificate of Incumbency or a Certificate of Good Standing may be obtained for any limited company type registered in Ireland. While these certificates are similar in that they are used to certify key company information they may be required for specific applications or contracts. A Certificate of Incumbency […]