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If my company has not converted to a ‘LTD Company’ can my company still have only one director and is an AGM still required to be held?

A company which has not formally converted to a ‘Ltd company’ during the transition period is effectively treated as a ‘DAC’, therefore the company is still required to have two directors and to hold an AGM. After the transition period it is permitted to have one director.

If the company has exhausted all possibilities to try to determine beneficial ownership, what is to be done?

Where all possibilities have been exhausted then the Senior management of the Irish company is deemed to be the beneficial owners for the purposes of the beneficial ownership register.

If the company has exhausted all possibilities to try to determine beneficial ownership, what is to be done?

Where all possibilities have been exhausted then the Senior management of the Irish company is deemed to be the beneficial owners for the purposes of the beneficial ownership register.

If the company has exhausted all possibilities to try to determine beneficial ownership, what is to be done?

Where all possibilities have been exhausted then the Senior management of the Irish company is deemed to be the beneficial owners for the purposes of the beneficial ownership register.

If the company is a single director company, who will sign the accounts?

The sole director should sign the financial statements. The secretary is not required to (S.332 Companies Act 2014). However, the director and secretary must sign the B1 (annual return) which certifies the Financial Statements being filed with the CRO.

If we are not filing consolidated accounts for the individual companies of a group, do we need to file the consolidated accounts for the parent company?

Question: In a group situation, if we are not filing consolidated accounts for the individual companies, do we need to file the consolidated accounts for the parent company? There is no Section 357 Guarantee in place.   Answer: If there is no section 357 guarantee in place then the normal filing regime would apply (ie. […]

If your S.343 application is successful do you still have to pay late filing fees

No the late filing fees are quashed and the audit exemption is restored.

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