Dáil Éireann Debate, Wednesday - 29 May 2013
120. Deputy Pearse Doherty asked the Minister for Jobs, Enterprise and Innovation the number of redomiciled public limited companies operating here; and the number that have been established in each of the past ten years. [25968/13]
View answerSet out below are data in relation to public limited companies (plcs) which now have their legal existence in Ireland by virtue of being :
- Inward Migrating Funds companies under the Company (Miscellaneous Provisions) Act 2009
- Societas Europea (SEs) that are formed under Council Regulation (EC) 2157/2001 on a Statute for a European Company. SEs can be formed via a merger between two plcs (one of which must have been governed by the laws of another EU State)
- Cross Border Mergers under the European Communities Cross Border Mergers Regulations 2008
|
Year |
Migrating Funds Companies |
Societas Europaea |
Cross Border Mergers involving PLCs |
|
2003 |
N/A |
N/A |
N/A |
|
2004 |
N/A |
N/A |
N/A |
|
2005 |
N/A |
N/A |
N/A |
|
2006 |
N/A |
N/A |
N/A |
|
2007 |
N/A |
N/A |
N/A |
|
2008 |
N/A |
1 |
1 inward, 1 outward |
|
2009 |
N/A |
2 inward, 2 outward |
1 inward, 1 outward |
|
2010 |
1 |
4 |
2 inward, 1 outward |
|
2011 |
16 |
1 inward, 1 outward |
1 outward |
|
2012 |
2 |
3 registered, 2 converted to plc |
1 inward, 2 outward |
|
2013 |
None to date |
None to date |
None to date |
In general, a company cannot transfer its registered office without first being wound up in its current home State in order to avoid any complications arising from its being registered in two countries. As part of its 2012 Company Law and Corporate Governance Action Plan the European Commission has carried out a recent public consultation on the transfer of registered offices between Member States. The consultation deadline was 13 April 2013. The responses will be taken into account by the Commission in assessing the need for and impact of a possible new instrument.
