By Simon O’ Connor, 7th July 2015 Under the new Companies Act 2014 it is possible for a private limited company to be involved in a merger or division of companies. Under the previous Act, this was only available to public limited companies. PLC’s still have the option to merge or divide under the new […]
By dotNice International Limited -Experts in Digital Brand Protection, 4th June 2015 Starting your own business can be an exciting and fulfilling experience. However, many will agree that the process can be fraught with complex and difficult challenges. All start-up’s at one point or another will encounter obstacles that they must overcome. Knowing the potential problems you may […]
By Simon O’ Connor, 8th April 2015 Under the new Companies Act 2014, loans, quasi-loans, or other arrangements are prohibited to directors or a party connected to a director except under these five circumstances: The value of the arrangement is less than 10% of the net relevant assets of the company. The arrangement is with […]
By Andrew Lambe, 16th April 2015 The Companies Act 2014 will introduce a new two-way procedure in which a charge can be registered. Priority of charges, as and from the commencement of the New Companies Act in June 2015, will be linked to the date of receipt by CRO of the particulars of the charge. […]
Maximum Working Hours By Emma Richmond, 10th April 2015 The Organisation of Working Time Act 1997 states that the maximum average working week for most employees cannot exceed 48 hours. This does not mean that a working week can never exceed 48 hours; it is the average that is important. The average is calculated in […]
By Simon O’ Connor, 12th March 2015 The Companies Act 2014 will introduce a conversion process which will require all private companies limited by shares to convert into one of the two new Irish company types: LTD – Private company limited by shares DAC – Designated Activity Company limited by shares Private company limited by […]
By Andrew Lambe. 18th February 2015 The new Companies Act 2014 will make significant changes to certain companies who under current legislation do not qualify for the audit exemption. We understand these new rules will apply to financial years commencing on or after the 1st June 2015, although this will be confirmed at time of the commencement order. […]
1.Be a good listener – Leading a company does not mean doing everything on your own. You are not expected to know all the answers but you are expected to find them. Don’t be afraid to listen to people outside your organisation. They can offer a fresh perspective as they will see situations in […]
By Simon O’Connor. 7th January 2015 With the Companies Act 2014 at our doorstep we would like to make you aware of the main features of the act that will affect your limited company. The act, which is due to come into effect on the 1st of June 2015, has a great deal of focus […]
By Simon O’ Connor, 23rd of December 2014 When a company can no longer meet its financial obligations it becomes insolvent. Depending on the situation, the company may go into Examinership, Receivership or Liquidation. Examinership When a company is in financial difficulty but still has the potential to return to profitability it may be granted […]