Our October Newsletter is out now! This month: CRO Criminal Prosecutions 10 Tips for Electronic Filing Q&A - How Will Budget 2018 Affect my Business? Upcoming Events and Seminars CLick Here For All This and More
This week will see the biggest test of the CRO’s filing system CORE. Approximately 50K companies will be required to file an Annual Return and upload its Financial Statements electronically. For some companies and practitioners this is a new departure from the manual system of filing annual returns and for many uploading the PDF financial statements electronically will be a completely new process.
CRO got a reaction they were probably hoping for when they sent out their email on 12th October 2017 announcing “CRIMINAL PROSECUTIONS HAVE BEEN COMMENCED “.
AIB answer this question with their helpful article: 6 Ways Budget 2018 Will Affect SMEs
Our August Newsletter is Available Now:
Featuring:
Top Tips When Forming a Company
So What Have The CRO & ODCE Been Up To?
Not too many people read the CRO and ODCE Annual Reports but the Company Law nerds in CLS do!
Last minute panic!! This can happen pretty often when forming a company…
Conor will be presenting at three seminars for the Chartered Accountants North West Society in Sligo, Mayo & Letterkenny in September and October.
More information
Book a place on one of these Company Law Courses
What if you could put your legal knowledge to good use in a job which boasts variety, responsibility and a competitive salary to boot?
CPA Ireland
Conor will be presenting 4 webinars for CPA in August including:
The period between a missed annual return and the commencement of strike off proceedings against out-of-date companies is to be reduced. The current period of over 300 days will, over three months, be reduced to 200 days.
Our June Edition is Out Now!
This Months Leading Stories are:
Companies (Accounting) Act 2017- Main Provisions
Designated Unlimited Company – More Companies Now Required to File Financial Statements
Q&A - Mandatory Electronic Filing from 1st June 2017 - "What is the new mandatory electronic filing and how do I upload the financial statements electronically?"
"What is the New Mandatory Electronic Filing and How do I Upload the Financial Statements Electronically?"
We finally have clarity on the definition of a Designated Unlimited Company and also on which Private Unlimited Companies (“ULC”) will have to file Financial Statements with the Companies Registration Office. The New Definition (see below) is bad news for many Unlimited Companies that were previously exempt from filing Financial Statements.
The Companies (Accounting) Act 2017 was signed by the President on 17th May 2017 and will come into operation on 9th June 2017. The Act will apply to financial periods beginning on or after 1 January 2017 for Financial Statements and other Reports.
Section 14 of the Act provides for early adoption by the Directors of a Company of certain specified provisions (set out in Section 14(4)), mainly to do with Financial Statements for financial years beginning on or after 1 January 2015.