What's New 2019

CURRENT PROCESSING DATES

October

ANNUAL RETURNS - OCTOBER PEAK

There are over 52,700 companies with an annual return date of 30th September and a filing deadline of 29th October. If you are filing an annual return in respect of one of these companies, you are requested to ensure that your correctly completed annual return is delivered to the CRO on-time. The only way of doing this is by filing online. Please allow enough time to carry this out in advance of your specific deadline, including the delivery of the signature page.

PUBLIC HOLIDAYS
NOTE: Where the 28 day filing period expires on a Saturday, Sunday or public holiday, the 28 day period is extended to the next working day.

ELECTRONIC PAYMENTS
To facilitate the implementation of PSD2, a European law which came into force recently to make it more secure for consumers to make electronic payments online, CRO had to make changes to our payment page, by adding 6 new fields. We are aware that some Core users have been having difficulties with these new fields and are encountering errors when trying to pay online.

Please ensure that you fill in details in all 6 fields (Address 1, Address 2, City, Postcode, Country and Phone Number) to avoid errors and proceed with payment. The inputting of some special characters into the fields will cause errors and prevent the credit card entry screen from loading, for instance the phone number field does not accept brackets “(“ “)”. Any non-alphabetic/non-numeric characters apart from quotes and hyphens for the addresses should be avoided.

September

Taking Care of Business

Taking Care of Business - 2nd October Athlone 

More than 25 State bodies and services will be available to offer free expert advice and information to SMEs, start-ups and entrepreneurs at Taking Care of Business, a free one-stop-shop event taking place on Wednesday, October 2, in the Sheraton Hotel, Gleeson Street, Athlone. The event runs from 8.15 am to 1.30pm. Register, free of charge, now at Taking Care of Business.

This Government of Ireland initiative is organised by the Department of Business, Enterprise and Innovation in conjunction with the Health and Safety Authority and the Food Safety Authority of Ireland. 

Maintenance - CRO Systems

Due to essential maintenance, almost all online services, i.e. CORE filing, Company Search and Purchase of Documents will be unavailable for two hours from 5pm Friday 20th September, 2019.

The Register of Friendly Societies online system will be available during the essential maintenance works.

Apologies in advance for any inconvenience caused.

Getting Ireland Brexit Ready

Getting Ireland Brexit Ready

With little over a month to go to Brexit, it is important that you ensure you are fully prepared and take all possible actions now to prepare in order to protect your business and employees. There are steps your business can take to manage change and minimise any disruption and cost to your business. There are many unknowns with Brexit, but whatever happens, it will bring change to the way we do business with or through the UK and companies need to prepare as much as possible for this change, regardless of location, size or sector.

You can access the Brexit Preparedness Checklist which identifies the essential actions that firms can take in advance of 31 October to ensure that they will still be able to trade with or through the UK after it leaves the EU. The checklist includes a list of the Government advice and financial supports available to companies in their preparations for Brexit. It also includes contact details for the relevant Agencies who can provide the necessary guidance and support to firms. You are encouraged to contact them and see how they can help you.

For further information on Government support and advice, please visit www.gov.ie/brexit or read the Government’s “Getting Ireland Business Brexit Ready: Practical Steps Guide” that sets out the nine practical steps to take to ensure that businesses are as prepared as they can be. 

Registry of Friendly Societies

The Registry of Friendly Societies (RFS) now has a YouTube channel available with information on how to submit an annual return online/how to order documents online etc.

August

Wednesday 28th Aug - CORE - RESOLVED

Unfortunately we experienced problems with the online filing facility (CORE) and in particular the uploading of financial statements to annual returns  -  Wednesday 28th August 2019. The issue has now been resolved and we are sorry for any inconvenience caused.

Review of Business Names Act 1963 

The Department of Business, Enterprise and Innovation is reviewing the Registration of Business Names Act 1963. As part of the review process, the Department is seeking submissions from interested parties. The deadline for submissions is 5pm on Tuesday, 10 September 2019. 

Tuesday 6th August 2019
Problems with Online Services
There are problems with the online services provided by the CRO - Company Search, CORE filing etc today. (Tuesday 6th August). We hope to rectify the problem quickly and restore services. We apologise for the inconvenience. UPDATE Wed August 7th: - The issues with the site have now been resolved. We are sorry for the problems caused.

July

Registry of Beneficial Ownership

The Registrar of Companies has been appointed as the Registrar of Beneficial Ownership of Companies and Industrial & Provident Societies with effect from 29 July 2019.  Accordingly, the RBO is now open to accept filings.

Filing of beneficial ownership data can only be made on-line through a portal on the RBO website at www.rbo.gov.ie. There are no paper forms and no filing fees involved. Companies and societies will have until Friday 22 November to file their data with the RBO without being in breach of their statutory duty to file. The RBO will write to each company and Industrial & Provident Society about their filing obligations in the coming days. 

Taking Care of Business

Taking Care of Business - 2nd October Athlone 

More than 25 State bodies and services will be available to offer free expert advice and information to SMEs, start-ups and entrepreneurs at Taking Care of Business, a free one-stop-shop event taking place on Wednesday, October 2, in the Sheraton Hotel, Gleeson Street, Athlone. The event runs from 8.15 am to 1.30pm. Register, free of charge, now at Taking Care of Business.

This Government of Ireland initiative is organised by the Department of Business, Enterprise and Innovation in conjunction with the Health and Safety Authority and the Food Safety Authority of Ireland. 

June

CENTRAL REGISTER OF BENEFICIAL OWNERSHIP OF COMPANIES AND INDUSTRIAL & PROVIDENT SOCIETIES (RBO)

The opening of the Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies has been postponed temporarily. Further updates will be provided by means of the CRO Newsletter, RBO website (www.rbo.gov.ie), e-mails to stakeholders and through the RBO Twitter account (www.twitter.com/RBO_ie). The RBO will also contact each company and Industrial & Provident Society (I&P) individually before the Central Register opens.
  
WHERE TO FIND INFORMATION IN RELATION TO THE RBO
Comprehensive information on the RBO is available on the RBO website www.rbo.gov.ie in the form of a detailed FAQ document - https://rbo.gov.ie/faqs.html. If a customer cannot find an answer to a query in the FAQs, they should send their query to the RBO mailbox: enquiries@rbo.gov.ie.  

RFS Annual Report 2018

The Registry of Friendly Societies Annual Report for 2018 is now available from the RFS Publications webpage.

Restoration Submissions

Restoration documents and objections to strike-off (H16/H17 forms) can be filed directly with Enforcement Section in Bloom House. Please forward signature pages (annual returns for dissolved companies) directly to the Enforcement Section, CRO, Bloom House, Gloucester Place Lower, Dublin 1 with regards to a restoration application. This will speed up the registration process.

CRO Annual Report 2018

The Companies Registration Office annual report for 2018 is now available from the Corporate Publications webpage.

Limited Partnerships

The CRO are in the process of a digital transformation of all the registers under its remit.
Phase 1 with the Registry of Friendly Societies is complete. We are now moving to digitalise the Limited Partnerships Register. While the applications will remain paper based for the time being, it will be possible or order copies of documents online.

Unfortunately, for a short period until the other registers are complete it will not be possible to pay for Limited Partnership applications (LP1, LP2, LP3, LP4, P1) using CRO customer account. These documents should be paid for by cheque. We apologise for any inconvenience caused and will update customers as soon as possible regarding other payment methods.

April

Central Register of Beneficial Ownership (RBO) Website

The new website for the Registry of Beneficial Ownership has now launched: https://rbo.gov.ie/
 
The RBO is the central repository of statutory information required to be held by relevant entities in respect of the natural persons who are their beneficial owners/controllers, including details of the beneficial interests held by them.

Relevant entities are:

  • companies formed and registered under the Companies Act 2014 or an existing company within the meaning of that Act, and
  • industrial and provident societies registered under the Industrial and Provident Societies Acts 1893 to 2018.

Filing of beneficial ownership data with the RBO must be done through an on-line portal which will open on this new website on 22 June 2019. There are no paper forms or filing fees involved and the RBO office is not open to the public.

The RBO website is designed to give companies and societies as much information as possible to assist you in meeting your beneficial ownership filing requirements. There is a comprehensive Frequently Asked Questions (FAQs) and search facility on this website which will help guide you through your beneficial ownership filing requirements. The information provided in the FAQs does not constitute legal advice and, if in doubt, companies/societies should obtain their own legal advice.

Easter 2019

Please Note

  • The CRO is closed on all Public and Bank Holidays. 
  • Where a company is filing an annual return - if the 28 day filing period expires on a Saturday, Sunday or public holiday, the 28 day period is extended to the next working day. See Filing an Annual Return.

CRO WEBSITE/DATABASE MAINTENANCE - Friday 12th April 

The CRO is carrying out maintenance to our website and database on Friday 12th April 2019. This will result in the online services being inaccessible from 1pm until approximately 1.30pm on Friday 12th. All our online services including CORE, Company Search, Open Services will be unavailable at this time.

We regret any inconvenience caused to the public during this essential maintenance. Thank you for your cooperation

Registry of Beneficial Ownership

Article 30(1) of the EU’s Fourth Anti-Money Laundering Directive (4AMLD) requires all EU Member States to put into national law provisions requiring corporate and legal entities to obtain and hold adequate, accurate and current information on their beneficial owner(s) in their own internal beneficial ownership register. Article 30(3) of 4AMLD requires that the information referred to above be held in a central register in each Member State.

A Statutory Instrument, No 110 of 2019, to establish a Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (RBO) was recently signed into law by the Minister for Finance. A link to SI 110/2019 is provided here: http://www.irishstatutebook.ie/eli/2019/si/110/made/en/pdf.

This legislation provides for the appointment of a Registrar of Beneficial Ownership of Companies and Industrial & Provident Societies. The intention is that this function will be given to the Registrar of Companies. Statutory Instrument No 560/2016, which required all corporate and legal entities to hold adequate, accurate and current information on their beneficial owner(s) in their internal register, has been revoked and replaced by SI 110 of 2019 with immediate effect.

Part 3 of the SI, which relates to the establishment of the central register, will come into operation on 22 June 2019.

In accordance with the SI, the RBO will begin to accept on-line filings from 22 JUNE 2019, after which there will be five months for companies and I&Ps to file their RBO data without being in breach of their statutory duty to file.

The office of the Registrar of Beneficial Ownership (RBO) will contact each company and I&P about their filing obligations in the coming weeks.

An RBO website will be launched on 29 APRIL which will provide further information to customers. A template of the data to be entered into the RBO is provided.  Template of data to be filed with the RBO.pdf. Queries in relation to Statutory Instrument No 110 of 2019 should be sent to aml@finance.gov.ie.  

CRO Search Facility - Problems 3rd April 2019 

We are aware of some technical issues with the CRO Search Facility today. Thank you for your patience while we work on the problem. We will update you as soon as it is resolved. UPDATE - 11.54am - emails are now back issuing and the search facility is available again - apologies for the inconvenience caused.

March

Domestic merger – change to SAP 206 form

The SAP 206 form, which is a statutory declaration made under the terms of section 206 of the Companies Act 2014, has been amended with a view to making it more user friendly for Companies to use. In addition to the standard section 206 requirements the new information requested allows the presenter to:

  • state the type of merger being proposed
  • the details of the other merging companies
  • whether that company is the transferor or transferee (successor) company
  • whether a section 209 statement is attached to the Form 206
  • whether a special resolution (G1P) has been filed in respect of the SAP206 form. 

The form is available from CRO Forms. Filing Fee is €15.00. 
 
Cost of manual post incorporation forms v electronic versions 

There are some forms that are available in both manual and electronic form. In the main it is cheaper or even free to file the electronic online form rather than the manual version. For example, you can file a G1 (Special Resolution) for €15 and an associated Constitution for €15 – however, you can file both for free online. The same applies to a G2 (Ordinary Resolution) which costs €15 to file manually but is free online. Any queries please contact our information line on 1890 220 226. 
 
Use of the Annual Return Number when filing unaudited financial statements 

Please note that there is no requirement to insert an ARN into a B1 Form (Annual Return) unless you are filing audited financial statements. It may occur that a financial package that you are using auto-fills an ARN inadvertently and this is subsequently submitted to the CRO. All such annual returns will be sent back to the presenter in question and cannot be accepted by the CRO. 

February

CRO WEBSITE/DATABASE MAINTENANCE - Saturday 2nd March

The CRO is carrying out maintenance to its website and database on Saturday 2nd March 2019. This will result in the CRO website and database being inaccessible from 10am until approximately 2pm on Saturday 2nd March. All our online services will be unavailable at this time. We regret any inconvenience caused to the public during this essential maintenance. Thank you for your co-operation.

Brexit Planning

What happens if the UK leaves the European Union without a deal in place?
If the UK leaves the European Union without any deal in place, companies which have only UK resident directors will be required to comply with section 137 Companies Act 2014. This is the requirement to have an EEA-resident director. Please see webpage.

January

Public Consultation on Limited Partnerships 

The Department of Business, Enterprise and Innovation is reviewing the Limited Partnerships Act 1907. As part of the review process, the Department is seeking submissions from interested parties. The deadline for submissions is close of business on Friday, 1 March 2019.  

Prepare for Brexit

Government Departments, enterprise agencies and regulatory bodies have a range of supports covering advice, finance and upskilling to help your business navigate its way through Brexit. With just months to go to the UK withdrawal from the European Union, understanding the potential implications is a key first step in developing your Brexit contingency plan. Please see Department website. This website has a number of links to advice regarding the change and also links to financial supports available, information on Upskilling and information for the retail sector. 

Annual Returns

When filing the annual return, please remember that the signature page cannot be submitted prior to the upload of the financial statements. The signature page is in reference to the financial statements so the statements must be uploaded before the completion of the submission process.

If an annual return is non-compliant:

  • the return is not be physically sent back to the Presenter.
  • An email issues to the Presenter informing them that their document is sent back and
  • they must resubmit their B1, re-upload their financial statements, print and sign a new signature page and deliver it to the CRO within 14 days.
  • Companies and Presenters should ensure that they provide the correct email addresses to ensure they are alerted when their documents are sent back as they no longer receive a letter or documents by post.
LInks to external site in new window Links to external site in new window Getting Ireland Brexit Ready