By Shannon Power, 17th October 2024 As a business owner, you may eventually consider selling your business or shares, which can raise concerns about Capital Gains Tax (CGT) on the profits from the sale, especially if the assets have appreciated in value. Fortunately, Entrepreneur Relief offers a way to reduce your tax liability significantly. If you […]
The CRO is currently returning a high proportion of B10s and the main reasons for these returns are: Pages not signed and/or dated. Incorrectly dated signature and/or consent pages. Missing signature and/or consent pages. Incorrect uploads, for example: signature pages belonging to another CRO submission; including superfluous documentation to incorrect material, such as bank statements, […]
By Shannon Power, 4th October 2024 Starting a new business in Ireland comes with many responsibilities, and one of the most important tasks is ensuring your business is correctly registered for all the required taxes. Among these, Value Added Tax (VAT) registration is a key requirement for many businesses. While the process might seem daunting initially, […]
By Cleo Marr, 26th September 2024 The Open Data Directive (Directive (EU) 2019/1024), which was implemented in Ireland in July 2021, has garnered considerable attention since its introduction. This directive is a key component of the European Union’s strategy to boost the data economy by increasing the availability and re-use of public sector data. Its goal […]
By Antonia Nikolic, 20th September 2024 Closing a company is a significant decision, often due to changes in business circumstances, financial pressures, or strategic redirection. In Ireland, a voluntary strike-off is one of the most common methods for voluntarily closing a business. This method is simpler and less costly than liquidation, making it an attractive option […]
By Sinéad Floody ACG, 12th August 2024 It has been an eventful year for Irish corporate law, marked by the enactment of the Charities Amendment Act 2024 and the unveiling of the General Scheme of Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024. Additionally, the General Scheme of the Registration of Limited Partnerships and Business […]
By Sinéad Floody ACG, 2nd August 2024 In the corporate world, the integrity and accountability of company directors are paramount. Ireland, like many jurisdictions, has mechanisms in place to ensure that directors adhere to company law. The Restriction and Disqualification of Directors are two such mechanisms that serve as a safeguard against misconduct and protect the […]
By Sinéad Floody ACG, 15th July 2024 Are you resident outside the European Economic Area (EEA) and interested in setting up a company in Ireland? The EEA includes all EU countries as well as Iceland, Norway, and Liechtenstein. If this is the case, you might be wondering about the directorship options available to you. We have […]
By Sinéad Floody ACG, 8th July 2024 What is the CSRD? The European Union (Corporate Sustainability Reporting) Regulations 2024 have been signed into Irish law, giving legal footing to the Corporate Sustainability Reporting Directive 2022/2464/EU (CSRD). The CSRD is a directive under EU law that requires all member states to enact domestic laws for the disclosure […]
By Shannon Power, 5th July 2024 Navigating the process of filing a B10 form can often be challenging, especially with the complexities involved in ensuring compliance with corporate regulations. Fortunately, the Companies Registration Office (CRO) has recently released a comprehensive guide to demystify this process. This guide, aptly titled Guide to Filing B10s: Do’s and Don’ts, […]
