I propose to take Questions Nos. 233, 234 and 236 together.
The Companies Registration Office (“CRO”) receives late filing fees, which are paid by companies which have filed their annual return late, or by companies which have been struck off the register for non-filing and are subsequently re-instated to the register by filing all outstanding returns which are late. These moneys are returned directly to the Exchequer upon receipt.
Since 2001 a total of €231,734,854 has been received by the CRO in respect of late filing of annual returns. In 2016 the CRO received just over €10 million in late filing fees. In 2017 it received just over €8 million.
At present over 93% of Irish registered companies meet their filing date obligations. In 2017 5,420 companies were struck off the register for failure to file annual returns.