News

  • CRO Newsletter March 2016 – Deadlines for Conversion

    Although there is still some time before the end of the Transition Periods under the Companies Act 2014, as we have previously highlighted, companies should already be considering the options open to them in relation to their own company and the consequences of taking no …

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  • LTD v SOLE TRADER – WHAT’S BEST FOR MY BUSINESS

    The start of 2016 has shown some encouraging signs for businesses and business development in Ireland. As a result many entrepreneurs and business owners are looking towards the next step(s) for their business. However, when should a Sole Trader become a Private Limited Company? The …

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  • Companies Act 2014 – Consequences of not converting

    The start of a New Year always triggers ‘To-Do Lists’, however, for Company owners in 2016 it is important this year’s list includes action in advance of the expiry of the Transition Periods under the Companies Act 2014: 31 August 2016 to re-register as a …

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  • COMPANIES ACT 2014: TIME TO ACT!

    Calling all Company Officers and Shareholders! In accordance with the Companies Act 2014, all Existing Private Limited Companies as at 1 June 2015 will have to either convert to a Company Limited by Shares (LTD) or re-register as a Designated Activity Company (DAC) during 2016. …

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  • Filing of Annual Return Forms – What you need to know?

    At this time of year Companies are busy finalising financial statements and preparing their Annual Return forms for filing  at the Companies Registration Office.   To help at this challenging time, FCS Services has devised an Annual Return filing fact sheet, which provides an overview …

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  • Companies Act 2014 – The Role of the Company Secretary

    Under the Companies Act 2014 (the ‘Act’) the position of the Company Secretary has been retained. The Act requires Directors of a company to make sure that the person appointed as the Company Secretary has the necessary skills and resources (e.g. access to a specialist …

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  • Companies Act 2014 – Directors’ Fiduciary Duties and Multiple Directorships Held

        One of the main legislative changes of the Companies Act 2014 (the ‘Act’) has been the codification of the fiduciary duties of a Director. The fiduciary duties of a Director apply to all Directors, whether paid or voluntary, shadow and de facto, therefore, …

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  • Companies Act 2014 – Pre-conversion/Incorporation Tips

    The Companies Act 2014 (the ‘Act’) is now in effect and, whilst once “settled in” it will simplify matters for your average SME; it has introduced an additional step into the initial thought process – Private Company Limited by Shares (‘LTD’) or Designated Activity Company …

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  • Companies Act 2014 – Commencement

    As anticipated, the Companies Act 2014 (the “2014 Act”) commenced, with a limited number of exceptions, on 1 June 2015.  Irrespective of the type or size of company, all existing companies, company owners and directors will need to give some thought to the implications of …

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  • Companies Act 2014 – Commencement 1 June 2015

    Minister Richard Bruton signed the Companies Act 2014 (Commencement) Order 2015 (the “Order”) on 1 May 2015 which provides, as expected, that the Companies Act 2014 will, generally, commence on 1 June 2015.  The Order identifies a limited number of provisions, primarily relating to certain …

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