By Shona Hastings, 10th November 2021 According to a survey conducted by Salesforce, 85% of consumers will research a business online prior to making a purchase with the most used channels being websites and social media. There is clear evidence that the majority of your target customers are searching for products/services online and may even […]
By Niamh Ward, 2nd November 2021 If an Irish company has been dissolved for longer than 12 months but less than 20 years, an application must be made to the High Court to reinstate the company. An application to restore a company to the register can be made by the company itself, a member of […]
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 […]
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 […]
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 […]
By Sarah Dixon, 9th August 2021 The European Commission has announced plans to establish a new Anti-Money Laundering Authority (AMLA) to tackle money laundering and terrorist financing across Europe. This announcement comes in response to several major banks across Europe being hit with money laundering scandals. An estimated €1.87 trillion worth of dirty money passes […]
By Caitlyn Buchanan, 21st July 2021 The Companies Registration Office (CRO) annual report was recently published. The CRO Annual Report 2020 contains the latest updates and statistics on their activities for the year. Restrictions and Challenges in 2020 With the outbreak of a worldwide pandemic, 2020 was a challenging year for many Irish entities including […]
By Shona Hastings, 12th July 2021 What is a DAC Company in Ireland? An Irish Designated Activity Company (DAC) is a type of limited company that outlines and defines its specific business activities within its constitution. A DAC company may be incorporated for a specific purpose such as a charity or a management company where […]
By Caitlyn Buchanan, 23rd June 2021 (Updated 9th December 2021) The Companies (Rescue Process for Small and Micro Companies) Act 2021 (SCARP) was passed on 13the July 2021 and officially signed and commenced into law on 8th December 2021. The CRO was prepared for this change and had already introduced a number of new forms. […]
By Caitlyn Buchanan, 9th June 2021 Our contact within the Bank of Ireland says that approximately 52% of new corporate bank account applications are being refused because they have not filed with the Central Register of Beneficial Ownership (RBO). The Criminal Justice (Money Laundering and Terrorist Financing) Act 2021 came into force in April 2021 […]
