Company Regulations Ireland
We offer company Secretarial, Regulatory and Legislative company compliance services.
Company Compliance Requirements
Your company is obliged under a number of provisions to do certain things when required by notice from both the Companies Registration Office and the Revenue Commissioners.
Compliance requirements for your limited company after incorporation include:
Annual Return – Your company must every calendar year submit and file an annual return. Your company will be assigned an annual return date which is exactly 6 months after the date of incorporation. Your first annual return is filed within 28 days of the annual return date with the Registrar of Companies. You second and subsequent annual returns must be filed together with abridged accounts.
Annual General Meeting – Within 18 months of your company’s incorporation you must hold an Annual General Meeting, thereafter you must hold an Annual General Meeting annually. No more than 15 months should elapse between each meeting. The only exception to the requirement to hold an Annual General Meeting is in the case of a single member private limited company, where the sole member may decide to dispense with the holding of an Annual General Meeting.
Corporation Tax Return – This tax return must be submitted every year to the Revenue Commissioners.
VAT Return – If your company is registered in Ireland for VAT a return must be made every four months following the VAT periods ended April, August and December.
Audited Accounts– When your company turnover meets the required threshold you must file audited accounts for your company.
Maintain Statutory Registers – Including the Register of Members, Register of Directors and Secretary
Compliance Consequences
Failure to submit your annual return on time will result in substantial late penalty fees and possible strike-off proceedings, as well as the loss of any audit exemption for 2 years.