Thursday, 19 September 2019

Questions (118)

Peter Burke


118. Deputy Peter Burke asked the Minister for Business, Enterprise and Innovation when the Companies (Amendment) Act 2019 will be commenced; and if she will make a statement on the matter. [38118/19]

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Written answers (Question to Business)

The Companies (Amendment) Act 2019 was enacted in April 2019. The purpose of the short two section Act is to amend section 343 of the Companies Act 2014 with respect to the time periods allowed for filing a company’s annual return and associated financial information. The Act amends section 343(2) and 343(3) of the Companies Act 2014 to provide companies with a one-step 56 day period to complete the process of filing an annual return. 

The Companies Registration Office is engaged in an ICT systems upgrade. It is expected that the required ICT support for the change to the legislation will be in place by mid-2020. The commencement of the Companies (Amendment) Act 2019 will coincide with the go live of the ICT systems upgrade.