Beneficial Ownership Register

Beneficial Ownership Register

Internal Beneficial Ownership Register All companies are required to keep an internal beneficial ownership register. This contains a list of the beneficial owners of the company. For simple company structures, …

Extension of Income Tax Deadline 2019

Revenue have announced an extension to the income tax deadline for those taxpayers paying and filing their return online. The due date is extended from 31 October to 12 November …

Closing a company without liquidation

When forming companies for clients, I am often asked how much hassle is involved in closing a company, if it is no longer required. Normally, a liquidator would need to be appointed, which can be expensive. However, if a company ceases to trade and has no assets or liabilities (or they are less than €150), then the company can request to be struck off the register, which is a much simpler process.

Registering your company for tax.

How to Register your Company for Tax

Once you have formed your company with the Companies Registration Office, you will need to separately register your company for taxes. Form TR2 can be used to register for a number of taxes, including Corporation Tax, VAT and Employers PAYE…

Filing your Annual Return.

How to File Your Annual Return

Every Irish company is obliged to make an annual return to the Companies Registration Office (CRO). This annual return comprises Form B1, to which must be attached a set of financial statements (accounts)…

Setting up a Limited Company.

How to Set Up a Limited Company in Ireland

A limited company is a separate legal entity to its owners. It is owned by its shareholders and is managed by its directors. A company is independent to its shareholders and directors and can continue in business even if its shareholders and directors change. […]