News

Companies Act 2014 – Time Running Out for Converting to a Designated Activity Company (DAC)

Companies wishing to be converted by re-registration to a DAC using the re-registration procedure under Part 2 of the Companies Act 2014 must, under the Act, pass an ordinary resolution to re-register by 31st August 2016, no filing fees are applicable for this process.

Re-registering as a DAC following this deadline will have to be done under Part 20 or Section 5 of the Act and in addition to professional fees, will involve either CRO filing fees or Court costs depending on the method taken.

If you have any further queries or would like assistance with a conversion or please call Anna or Bernadette on +353 (0)91 704818

 

FCS Services... Corporate Governance and Company Secretarial Specialists