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, …
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.