7 Reasons To Outsource Your Company Secretarial Function eBook

Corplaw Blog

Board Meetings – Practice and Protocol Guidelines

Posted by Corplaw on Oct 8, 2015 2:30:25 PM

Practice and protocols with regard to board meetings can differ considerably from one organisation to another. Yet it is important for all boards and their members to follow basic principles in order to become more efficient and effective. The following general guidelines can be of assistance in running a productive board meeting.

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Topics: Corporate Governance, Directors, Compliance, CoSec, Meetings

Ireland’s Companies Act 2014: Why You Should Act Now

Posted by Corplaw on May 5, 2015 9:30:00 AM

The Choice

The Companies Act 2014 will commence on 1 June 2015. It heralds the introduction of two new private company types, the Designated Activity Company (“DAC”) and the Private Company Limited by Shares (“LTD”). Existing private limited companies, which account for over 90% of companies on the Irish register, must choose to become either a DAC or LTD company.

Although a default position exists, deferring the decision to become either a DAC or LTD company is not recommended. This article advises of the benefits to be gained from proactively making a decision in early course.

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Topics: Ireland, Legal, Incorporations, Compliance

Companies Act 2014 – New Audit Exemption Rules

Posted by Corplaw on Mar 10, 2015 7:30:00 AM

The aim of the new Companies Act 2014 is to simplify and streamline company law in Ireland and will enter into force on 1 June 2015. The new Act seeks to place small private limited companies, which account for approximately 85% of all companies registered in Ireland, at the heart of the legislation, making it easier for them to do business.

Among the many and wide-ranging changes this new Act will give rise to are in relation to the rules surrounding audit exemptions. The purpose of the audit exemption is to reduce any disproportionate and undue administrative burden on those companies that meet the relevant criteria.

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Topics: Ireland, Legal, Compliance

Understanding & Extending Your Annual Return Dates

Posted by Corplaw on Dec 16, 2014 9:30:00 AM

An Annual Return is a snapshot of certain company information at the Annual Return Date (“ARD”). In Ireland, all private companies are required to file an annual return (Form B1) once every calendar year with the Companies Registration Office (“CRO”).

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Topics: Ireland, Legal, Compliance