Irish Accounts Blog

New Rules regarding Voluntary Strike off of Irish Limited Companies

Voluntary Strike off of an Irish Company is an administrative procedure operated at the discretion of the Registrar of Companies in which a director of a company can apply to have their company voluntarily struck off. Before this can happen the director needs to Obtain a letter of no objection from the revenue. Ensure all [...]

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Audit Exemption for limited companies in Ireland

AUDIT EXEMPTION In Ireland, a company is deemed to be audit exempt if it fulfills all the criteria set out below in both the current and previous year; * The company must be a Private Limited Company (this effectively excludes charities and other non profit making entities and PLCs); * The amount of turnover of [...]

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Companies Online Registration Environment – CORE

It is now possible to file Companies Office returns online by using the Companies Online Registration Environment or CORE. Once you have a CORE account you file the a Company Return  by printing off the signature page and submitting this page to the Companies Registration Office (CRO) once it is signed by the relevant person. [...]

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Consequences of Late Annual Return with the CRO

Every registered company in Ireland is required to file its accounts and annual return with the Company’s Registration Office (CRO) by its Annual Return Date (ARD). The company’s ARD is unique to each company and the accounts and annual return must be filed within 28 days of this date. If the return is late then [...]

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Choosing the right accountant

Choosing the right accountant is a critical decision for your business as you need to be able to trust and rely on them to provide critical advice and information going forward. But who should you choose? How much should you pay? You first need to establish what services you actually need. Are you able to [...]

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Companies Limited by guarantee and Management Companies

I am often approached by people who have been asked, as a volunteer, to join the board of directors or committee of their local Management Company. The scenario usually is that the developers of the apartment bloc have finally resigned as directors of the Management Company. They now belatedly hand over the running of the [...]

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